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Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

Dec 2021

Market Profile


Vietnam

Opportunities abound in reinsurance

The reinsurance sector in Vietnam has been the ‘quiet achiever’ during the pandemic. We spoke to PVI Reinsurance’s Mr Trinh Anh Tuan about the big issues facing the sector.
 

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A push for reforms

Vietnam’s new draft Insurance Business Law that now awaits approval from the country’s National Assembly is perhaps the first initiative to reform the country’s insurance sector.
 

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Growth despite challenges

The year 2021 has been challenging for Vietnam, leaving it with GDP in negative territory. We spoke to two life insurers to get a view of how the country is coping.
 

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Rising economic activity bodes well for industry

Despite major disruptions from the COVID-19 pandemic, the country’s economic fundamentals remain strong and vibrant and offer huge opportunities for the non-life sector.
 

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Capitalising on digital demand

With Vietnam’s insurance market poised for continued growth, the demand for InsurTech and digital solutions will only go up.
 

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