Sun Life Vietnam increases charter capital to over $700 million

May 28, 2025 | 19:14

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Sun Life Vietnam has been approved by the Ministry of Finance to increase its charter capital as part of Sun Life’s long-term and sustainable growth strategy in Vietnam, with the goal of improving financial capacity, expanding operations and optimising customer experience.

According to the announcement on May 26, Adjustment Licence No.68/GPDC15/KDBH allows for an increase in Sun Life Vietnam's charter capital from VND17.94 trillion ($691.5 million) to VND18.43 trillion ($710 million), placing it in the upper tier of insurers by capital size in Vietnam.

Sun Life Vietnam increases charter capital to over $700 million

Sun Life Vietnam is a member of Sun Life Canada Group – one of the top international financial services organisations, headquartered in Toronto, Canada.

The group operates across major global markets including Canada, the US, UK, Asia-Pacific, and Bermuda, offering integrated insurance and wealth management solutions for individual and corporate clients. As of March 31, Sun Life Group managed $1.13 trillion in assets.

The recent period of expansion in Sun Life Vietnam's operational scale, customer base, and distribution network reflects Sun Life Canada Group's sustained commitment to investing in the Vietnamese market.

The strengthening of its financial capacity in Vietnam reflects Sun Life's strategic focus on the country and supports its ability to deliver sustainable insurance and wealth solutions to the local market.

Sun Life Vietnam launches "Finance for yourself" children's campaign

Sun Life Vietnam's "Finance for yourself" campaign aims to create an optimistic future for younger generations by empowering them with financial knowledge.

Sun Life to ensure financial security and healthier lives

Sun Life Vietnam has increased its charter capital from $647.3 million to $704.7 million, which positions Sun Life among the top three insurers in Vietnam with the largest charter capital, and underscores its strong commitment to long-term investment in the Vietnamese market.

Sun Life positions Vietnam as a strategic market in Asia

With a vision for sustainable growth, Sun Life Vietnam is accelerating its expansion, digital transformation, and customer experience initiatives while fostering meaningful connections with the community, particularly the younger generation.

By Thanh Van

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