About this document
Vietnam by Bùi Thùy Linh is a document available to read on EtoBox.
The non-life insurance market in Vietnam has shown positive growth, with revenue increasing from 41,594 billion VND in 2017 to 71,439 billion VND in 2023, despite a slowdown in 2023 due to the bancassurance scandal. The life insurance sector also experienced significant growth until 2021 but faced a decline in 2022 and 2023, attributed to economic challenges and a crisis of consumer trust. Future prospects for the insurance market include enhancing digitalization, strengthening consumer trust, and improving
- Author
- Bùi Thùy Linh
- Language
- EN