profit growth setting up pvi insurance for further gains

Profit growth setting up PVI Insurance for further gains

Despite mounting hardships, many businesses have weathered stormy times to post upbeat performance – and Vietnam’s most profitable non-life insurer, PVI Insurance, is a shining example.
pvi insurance takes lead in non life insurance market

PVI Insurance takes lead in non-life insurance market

According to the Insurance Association of Vietnam, PVI Insurance accounted for 15.4 per cent of the market share in the first six months of 2021, taking the No.1 position in the non-life insurance market, followed by Bao Viet in second place with 15.3 per cent. This is the second consecutive quarter PVI Insurance takes the lead.
strong points of ncb in the eyes of investors

Strong points of NCB in the eyes of investors

A bank having an average asset scale, charter capital, and operational network, National Citizen Bank (NCB) is appearing on investors’ radar by virtue of its safe and effective operation, and buoyant potential for retail bank development.  
tapping into the potential of bancasurance in vietnam

Tapping into the potential of bancasurance in Vietnam

While remaining quite a nascent market in Vietnam, the contribution of the bancasurance channel to the total revenue of the Vietnamese insurance market has significantly increased in the past four years. Compared to other markets in Southeast Asia, there is a huge potential for both players—banks and insurers—in Vietnam to tap into the bancassurance development trend.
local insurers still neglect network security insurance

Local insurers still neglect network security insurance

Network security has grown into a pressing global issue, and Vietnam is not an exception. Aware of the growing concerns associated with current network security loopholes, many local firms are still unprepared to cope with the risk.
bancassurance to become new trend for insurers and commercial banks

Bancassurance to become new trend for insurers and commercial banks

The first half of 2017 has witnessed many bancassurance deals in Vietnam and the second may also see heightened cooperation among insurers and commercial banks, which promises to heat up the bancassurance sector. 
life insurance industry sees increasing ma activity

Life insurance industry sees increasing M&A activity

As an attractive industry in Vietnam, the life insurance market is luring a wide range of international investors.
identifying non life insurance services with high loss ratio in 2013

Identifying non-life insurance services with high loss ratio in 2013

Last year, non-life insurers failed to curtail their loss ratios to 40 per cent of their total premiums- a level deemed as acceptable for compensation in this area - as some insurance services had to make high payouts.
agricultural insurance to take root

Agricultural insurance to take root

Agricultural insurance has triggered a great deal of concern among insurers and the beneficiaries though its trial application now underway in 21 provinces and municipalities.
kiwi firms ready to do business

Kiwi firms ready to do business

Scores of New Zealand firms are hunting investment opportunities in Vietnam.
indorama netherlands to acquire ngoc nghia plastics

Indorama Netherlands to acquire Ngoc Nghia Plastics

Indorama Netherlands B.V. (IVL) announced plans to buy Ngoc Nghia Plastics JSC, a leading enterprise in the plastic packaging industry.
quang nam improves value of ngoc linh ginseng

Quang Nam improves value of Ngoc Linh ginseng

The central province of Quang Nam is expanding Ngoc Linh ginseng cultivation and developing tourism to improve the value of the precious herbal plant.
ngoc hoi dong da victory celebrated

Ngoc Hoi-Dong Da victory celebrated

Thousands of people on Monday flocked to Dong Da Park in Ha Noi to celebrate the 226th anniversary of Ngoc Hoi-Dong Da victory led by national hero Nguyen Hue over Qing invaders.
chu ngoc anh dismissed from hanoi chairman post

Chu Ngoc Anh dismissed from Hanoi chairman post

Chu Ngoc Anh was dismissed from the position as Chairman of the 16th municipal People’s Committee (2021-2026 tenure) at a meeting of the Hanoi People’s Council on June 7.
ngoc tan village festival revitalises folk games

Ngoc Tan village festival revitalises folk games

Phu Tho province's Ngoc Tan village holds its annual festival on the 1st and 2nd day of the lunar February. During the event, locals and visitors pay gratitude to predecessors, pray for a New Year of peace and favorable weather, and participate in folk games.