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samedi 15 décembre 2012

500,000 policyholders affected by expired clinics

Around 500,000 policyholders of health insurance in Ho Chi Minh City may be badly affected as of next year when the work permits of almost 20 private-owned local healthcare units become expired and thus they may not extend services.

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dimanche 25 novembre 2012

Life insurance market still offers huge potential

HCMC – As up to 94% of Vietnamese residents have yet to purchase life insurance, there are still many chances for companies in the industry to tap the local market, Mark Tucker, general director and chairman of AIA Group, told the Daily on Wednesday on the occasion of his business trip to Vietnam.

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mardi 16 octobre 2012

Insurance industry maintains high growth

HA NOI — The insurance industry maintained relatively high growth in the first eight months of the year, with premiums totalling VND25 trillion (US$1.19 billion), according to the Ministry of Finance's Insurance Supervisory Authority.

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vendredi 5 octobre 2012

Hospital fees will continue to rise

The newly-issued hospital fees are still not estimated based on the seven price constituents. The Ministry of Health says in the future the hospital fees will include all of these factors, so the fees will increase. This will be done in parallel with the expansion of health insurance coverage to all people (especially disadvantaged subjects).

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lundi 3 septembre 2012

Social insurance conundrum

Ensuring social insurance fund payment stability remains a pressing question.

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vendredi 20 avril 2012

Late payment of social insurance lightly fined

HCM City Social Securities deputy director Do Quang Khanh brings some light to social insurance payment in the southern hub and suggests measures to help cushion the increase in violations within the social insurance domain.

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jeudi 8 septembre 2011

High inflation rate makes life insurers dispirited

The high inflation rate has forced people to tighten their belt and spend less money on insurance policies. This explains the modest business result of life insurers in the first six months of year: though the premiums from new insurance policies increased by 30 percent, and the number of new policies increased by six percent only.

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samedi 20 novembre 2010

Non-life insurance: many companies struggle to achieve their targets

The number of non-life insurers achieving good business results like PetroVietnam Insurance (PVI) can be counted on the fingers, although 2010 would end in just over a month.

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vendredi 13 août 2010

Fierce competition in insurance market in 2010

The non-life insurance sector is confronting fierce competition, although many insurance companies have achieved great success in 2009 with growth rate of up to 25 percent.

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mardi 29 décembre 2009

Eight notable insurance events in 2009

The year 2009, Vietnam's insurance sector has overcome various challenges of the global economic recessions with high growth. The following are eight notable events of the insurance sector of Vietnam in 2009.

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samedi 12 décembre 2009

Bancassurance will flourish in Vietnam

More and more bancassurance agreements have been signed recently and financial experts believe that this kind of cooperation between bankers and insurers will do well in the future.

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samedi 3 octobre 2009

Insurers accelerate business strategies

Life insurance companies have developed business and marketing strategies as the economy begins to show signs of recovery.

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mercredi 26 août 2009

Insurer Generali to open Vietnam office

MILAN - Italian insurer Assicurazioni Generali (GASI.MI) has been granted a licence by the Vietnamese Finance Ministry to open a representative office in Hanoi, the company said in a statement on Wednesday.

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vendredi 27 mars 2009

Life insurance market expand 9.3%

In 2008, the life insurance business market witnessed dark lines despite its total premium grew by over 9% against the previous year.

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mercredi 25 février 2009

VAT reduction on asset insurance proposed

Speaking to Tuoi Tre newspaper yesterday, general Secretary of Vietnam Insurance Association, Phung Dac Loc said that the institution proposed to the government and the finance ministry to reduce VAT on asset insurance by half from 10% to 5%.

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vendredi 2 janvier 2009

Nine new rules take effect from January 1, 2009

New regulations such as unemployment insurance policy, 10 kinds of earnings subject to PIT, cost reduction for fixed telephones, opening of Vietnamese retail market and others took effect from the first day of 2009.

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mercredi 31 décembre 2008

Insurance premium posts over 21t dong in 2008

The global financial crisis can cause many difficulties for insurance sector in 2009. However, it would also be a chance for insurance companies to expand market. Because of the continuous decrease of interest rates, people would consider insurance sector as a risk free investment.

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vendredi 21 novembre 2008

Economic slowdown saps life insurance industry

The high inflation and banking interest rates mean Nguyen Thi Ha has put off buying life insurance for her three-year-old son.

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samedi 8 novembre 2008

Non-life insurance market needs overhauling

Fire and explosion insurance and technical insurance took the lead in the non-line insurance market and also reported the lowest losses and stable premium ratios for many years, according to financial experts. However, in the last couple of years, these two kinds of insurance have seen a paradox.

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samedi 19 juillet 2008

ABBank, French life insurer co-launch comprehensive risk insurance product

Local lender ABBank and French life insurer Prevoir launched the comprehensive risk insurance based on Prevoir Vietnam's products from July early.

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