Lack of transparency holds back insurance

Lack of transparency holds back insurance

Sales of newly issued investment-linked insurance policies have plummeted considerably, reflecting broader challenges in the sector and highlighting the need for increased transparency in insurance products.
Bancassurance difficulties softened by profit results

Bancassurance difficulties softened by profit results

Although a decline in the sale of insurance products through banks has materialised in recent months, the sector remains a lucrative avenue for banks.
Prudential Vietnam and VIB enter bancassurance partnership

Prudential Vietnam and VIB enter bancassurance partnership

The extension of the strategic bancassurance partnership between the two businesses underscores the objective of both sides to bolster future confidence for Vietnam’s bancassurance sector.
Shinhan Life Vietnam supports child patients with blood cancer

Shinhan Life Vietnam supports child patients with blood cancer

On April 26, Shinhan Life Vietnam presented pediatric oncology patients at the Children's Hospital in Ho Chi Minh City with 100 million VND (4,350 USD).
Shinhan Life officially launches life insurance business in Vietnam

Shinhan Life officially launches life insurance business in Vietnam

Shinhan Life Insurance Vietnam Co., Ltd. today officially launched its life insurance brand and announced the start of its business operations in Vietnam.
Joint initiatives shake up insurance

Joint initiatives shake up insurance

An increase in the conducive socio-demographic characteristics and accelerating digital adoption, correlated with a greater perception of insurance products, have all been taken into account by international and domestic insurers as reasons for their renewed interest in collaborations with Vietnamese banks.
Banks cautioned over bancassurance

Banks cautioned over bancassurance

The Vietnamese central bank has emphasised that lenders are not allowed to force customers to buy compulsory insurance products to receive bank loans, even as bancassurance services have become a strategic priority for many.
Insuring the insurance  market gets in order

Insuring the insurance market gets in order

On February 15, 2012, new regulations on insurance sector business activities came into effect under Decree No. 123/2011/ND-CP (“Decree 123”) detailing the Law on Amendments to the Law on Insurance Business being effective from July 2011.

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