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Mar 2021

A beckoning star

Source: Asia Insurance Review | Nov 2016

Spurred by the growing economy, Vietnam’s insurance industry has been on a steady growth path and has attracted sizeable foreign investment. With penetration rate at only 2%, the prospect is good as it remains poised to be a tiger. While recent history with tough economic conditions, credit setbacks and the country’s Nat CAT exposures with extreme floods, makes one cautious. 

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