insurance

Proposing the implementation of insurance for vehicles on exit and entry and imported goods by post

18:11 | 29/12/2022 Regulations

Lang Son Provincial Post Office sent a request to General Department of Vietnam Customs to coordinate in implementing regulations on compulsory civil liability insurance (CLI) for means of transport on exit and entry

Formulate a Decree detailing the Law on Insurance Business

17:30 | 31/10/2022 Regulations

The draft Decree detailing the Law on Insurance Business will ensure the consistency, suitability and synchronization in the legal system on insurance business with other relevant legal systems

Strengthening cooperation with JFSA in insurance and securities

16:13 | 21/09/2022 Finance

VCN - On the afternoon of September 19, 2022, Deputy Minister of Finance Nguyen Duc Chi met with the Japan Financial Services Agency (JFSA) on strengthening cooperation between the Ministry of Finance of Vietnam and JFSA in the insurance and securities at

Studying, guiding implementation of new policies on microinsurance

09:52 | 26/08/2022 Finance

VCN - The Ministry of Finance should continue to study and guide the implementation of new policies on microinsurance; improve the performance of non-budget state financial funds.

Insurance business: a lucrative "piece of cake" of banks

10:00 | 18/08/2022 Import-Export

VCN - Besides the strong increase in credit in the first half of the year, the insurance distribution segment (bancassurance) is having a positive impact on banks’ business results, and is expected to continuously boost the bank's fee income growth in the

Solving the risks of bancassurance

14:45 | 05/08/2022 Finance

VCN - Bancassurance has achieved success in the world, as well as in Vietnam market. However, it also has many risks and shortcomings that should be solved in the near future. That is the information that was given at the 2022 Online Economic - Financial

Banking-insurance cooperation: Profits increase, customers feel frustrated

09:49 | 26/07/2022 Finance

VCN - Facing the situation of forcing customers to buy insurance, the authorities have repeatedly corrected this activity.

New policy boosts insurance market's long-term development

16:23 | 04/07/2022 Finance

The newly-issued Law on Insurance Business is expected to positively impact the insurance market’s long-term development.

Insurance industry forecasts less favourable year in 2022

17:53 | 04/05/2022 Finance

After gaining high growth last year, the insurance industry is forecast to experience a less favourable time in 2022 as many insurers have so far planned lower profit targets or slowingnbsp;growth compared to last year.

Gasoline price insurance: Necessity, but clear regulation

14:06 | 30/04/2022 Import-Export

VCN- The first quarter of 2022 recorded very special fluctuations due to geopolitical factors plus issues around the pandemic. The highest instability is the movement of petroleum prices in the world at a very large amplitude, even up to 5-6% during the d

Banks expect to see drastic revenue increase in 2022

17:11 | 20/01/2022 Finance

VCN - According to the Banking Industry Outlook report for the year 2022 released by SSI Research, service fees went up by 62% in the first half of 2021, then saw a slight decrease by 2% by the third quarter of 2021 due to the impact of COVID-19 in Vietn

Revising Law on Insurance Business: Creating a legal framework to "digitize" insurance business and management

10:15 | 15/11/2021 Finance

VCN – The development of the legal framework to cover the application of information technology in insurance business and management is necessary to catch up with the trend of digital transformation of insurance businesses amid the fourth industrial revol

Plan of budget collection from equitization and divestment for 2022

09:11 | 17/10/2021 Finance

VCN - The Covid-19 pandemic in many provinces and cities has hampered equitization and divestment in 2021. This may lead to failure in target of revenue from equitization and divestment in 2021. A plan with a series of solutions has been designed to maxim

Amazing growth rate of insurance market

11:54 | 13/10/2021 Finance

VCN – Despite the prolonged Covid-19 pandemic seriously affecting all economic sectors and fields, the insurance industry recorded encouraging developments.

More room for insurance stocks to grow post pandemic

18:47 | 25/09/2021 Finance

Unlike other financial services like banks and securities, insurance stocks haven’t recorded significant gains despite positive business results and a bright growth outlook.nbsp;