04-06-2021 14:00
In the context that the production and business situation continues to be severely affected due to the latest outbreak of COVID-19, foreign-invested enterprises in Vietnam are looking to suspend or extend deadlines for payment of social insurance premiums, just as the Vietnamese government has reduced and exempted taxes since last year.
03-06-2021 22:07
Fines for foreign-invested enterprises for failing to pay social insurance premiums have been specified in Decree No.28/2020/ND-CP released in March 2020 on providing penalties for admin violations in the fields of labor, social insurance, and overseas manpower supply under contract.
03-06-2021 22:06
While Vietnam’s insurance penetration rate is still low compared to regional peers, the lucrative sector offers high-yield returns for both investors and participants.
03-06-2021 22:01
With the desire to introduce and spread the effectiveness of digital social insurance to South Korean businesses, Vietnam Social Security has designed and launched a version of its VssID application to help them create a widespread effect for managers and workers in such enterprises doing business in Vietnam.
01-06-2021 05:05
BIDV Metlife has launched the Customer Financial Assistance Program to support clients in the unfortunate eventuality of being infected with COVID-19.
30-05-2021 09:10
Bac A Commercial Joint Stock Bank (BAC A BANK) and VietinBank Insurance (VBI) have officially forged a bilateral co-operation to develop non-life insurance services.
25-05-2021 18:13
Italian-backed life insurer Generali continues to reaffirm its leading position in health insurance and customer experience with the prestigious title of “Leading health insurance and customer experience provider in Vietnam” at the 2021 Golden Dragon Awards.
19-05-2021 08:00
Recent compulsory bundling of insurance policies with banking products despite customer unwillingness has triggered concerns over bancassurance activities in Vietnam, and as a result authorities are strengthening inspections of such rampant insurance cross-selling mechanisms.
12-05-2021 08:00
Vietnam’s banks are taking advantage of the increasing demand of high-quality insurance services, which in turn bring vast potential to their future income, while both local and foreign insurers are proactively expanding their bancassurance network.
05-05-2021 17:55
Ho Chi Minh City-based bank HDBank would choose a life insurer partner for an exclusive bancassurance deal, believing the deal would be of great significance in the coming time.
04-05-2021 09:56
Italian-backed life insurer Generali Vietnam has launched a unit-linked insurance product designed to mark the group’s 10th anniversary in Vietnam.
29-04-2021 15:46
The United Nations Development Programme (UNDP) on April 28 organised an inception workshop for an upcoming diagnostic study on disaster risk finance and inclusive insurance.
29-04-2021 10:58
Germany-headquartered insurer HDI Global SE – the largest shareholder of Vietnam’s non-life insurer PVI – has been fined for holding stakes in excess of the foreign ownership limit. However, what route HDI chooses to comply with Vietnamese regulations remains a question.
23-04-2021 12:57
On April 16, the State Securities Commission (SSC) issued a decision to sanction administrative violations against HDI Global SE – a Germany-based corporation which is the major shareholder of Vietnamese non-life insurer PVI – due to non-compliance with information disclosure and violating foreign ownership limit rules.
20-04-2021 18:26
Italian-backed life insurer Generali Vietnam has launched “VITA – Dau Tu Nhu Y” (VITA – Invest the Way You Desire), a unit-linked insurance product exceptionally designed for the occasion of Generali’s 10th anniversary in Vietnam.