insurance
The Insurance category covers market trends, regulations, and investment opportunities in the insurance industry. It explores life insurance, health insurance, property and casualty coverage, reinsurance, and fintech innovations, providing insights into policy changes, consumer demand, and corporate risk management.
Vietnam Social Insurance for Foreign Workers & Businesses 2026
Social security in Vietnam is a comprehensive system designed to provide financial support and protection to individuals and families against life’s uncertainties, such as illness, unemployment, and old age.
Auto-Insurance in Vietnam 2026: Coverage, Providers & Regulations
Auto-insurance in Vietnam includes compulsory civil liability insurance and optional coverages such as physical damage and personal accident insurance. Compulsory insurance is mandated by law and covers third-party injuries and property damage caused by the insured vehicle. Optional products provide additional protection against risks like theft, natural disasters, and accidents involving the insured vehicle. The motor insurance market is growing, driven by increased vehicle ownership and regulatory enforcement, with leading providers offering a range of products.
Insurance in Vietnam 2026: Growth, Key Players & Regulations
Vietnam’s insurance industry has grown rapidly in recent years. As incomes have risen and Vietnam’s middle class has begun to accumulate valuable assets, the need for insurance has become readily apparent. This rapid rise of insurance products in Vietnam, is also partially attributable to several types of insurance being compulsory by law. This includes for motor vehicle owners and businesses in the construction sector.
Life Insurance in Vietnam 2026: Market Trends, Key Providers, and Growth Opportunities
Life insurance in Vietnam has experienced significant growth and transformation over the past decade, driven by an expanding middle class and increasing awareness of financial planning and risk protection. The life insurance market in Vietnam is diverse, with a range of products offered by both local and international insurers.
Vietnam’s Health Insurance Industry 2026: SHI vs. PHI, Coverage & Providers
Health insurance in Vietnam is primarily structured into two categories: Social Health Insurance (SHI) and Private Health Insurance (PHI). SHI, managed by Vietnam Social Security (VSS), is mandatory for employees, students, and civil servants, covering basic medical services like outpatient and inpatient care, chronic disease management, and maternity services…
Insurance: Vietnam premium revenues expand 4.81 percent in first half of 2025
Vietnam’s insurance market saw steady growth in the first six months of 2025, with total premium revenue reaching VND 114.8 trillion or US$4.42 billion, up 4.81 percent year-on-year, according to the latest data from Vietnam’s Ministry of Finance.
Insurance: Vietnam mandates fire and explosion insurance for 44 high-risk sectors from July 1
From July 1, 2025, Decree 105/2025/ND-CP will require 44 types of establishments at high risk of fire and explosion to purchase compulsory insurance. This includes apartment buildings, factories, and collective housing, VietnamNet has reported.
Insurance: Cathay Life under fire in Vietnam for marketing life insurance as ‘savings books’
Cathay Life (Vietnam) is facing scrutiny for marketing its life insurance products as “super savings” schemes or “savings books”, misleading consumers about the true nature of the product, local news outfit, Tuoi Tre has alleged.
Insurance: Vietnam insurer fined for delays and underpayment amid rebranding push
VNI Insurance, now rebranded as DBV Insurance, has been fined VND 260 million (US$10,000) by the Ministry of Finance for multiple violations—including delayed compensation payments, inadequate reserve setting, and inaccurate reporting, Tuoi Tre has reported.
Trade: Dry cargo shortage insurance claims surge in Vietnam ports
Dry cargo shortage insurance claims in Cai Mep and Phu My ports have nearly tripled between 2020 and 2024, according to Gard P&I Club and reported by Safety4Sea. Affected cargoes include soybean meal, corn, and fertilisers, with claims are generally low value but high frequency, raising cumulative risk
Finance: Vietnam’s insurance market grows 5.6 percent in Q1 2025
Vietnam’s Total insurance premium revenue in Q1 2025 reached VND 56.58 trillion or US$2.26 billion, up 5.62 percent year-on-year. Non-life insurance recorded VND 22.01 trillion or US$880.4 million, rising 10 percent, with life insurance reaching VND 34.56 trillion or US$1.38 billion, growing 3 percent, according to data from the Ministry of Finance.
Vietnam’s insurance premium revenue up 5.6 percent year-on-year in Q1 2025
Vietnam’s insurance market posted solid performance in the first quarter of 2025, with notable gains in non-life premiums, reinvested capital, and total assets, despite a decline in benefit payouts, according to data from the General Statistics Office.
Vietnam’s life insurance market to contract in 2025, but recovery expected in 2026
Vietnam’s life insurance market is projected to shrink by 1.3 percent in 2025, with gross written premiums (GWP) falling to VND 146.1 trillion (US$6.0 billion), according to GlobalData. This follows successive contractions of 12 percent in 2023 and an estimated 5.7 percent in 2024, driven by a collapse in consumer trust linked to bancassurance sales misconduct.
Pushback on compulsory motorbike insurance surfaces in Vietnam
Vietnam’s Ministry of Finance has received pushback on compulsory motorcycle insurance which was codified in Decree 67 back in 2023. The pushback has centered around challenges getting paid out in the event a claim is made, according to a write-up in VietnamNet.
Vietnam’s insurance market records slight growth in October
The market’s total premium revenue over the first 10 months of the year reached an estimated VND 184.2 trillion or US$7.42 billion, reflecting a slight decline of 0.3 percent from the same period in 2023…
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This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It