Health, vehicles to be main growth drivers for Vietnam's non-life insurers in 2023


HANOI, March 26 (Xinhua): The health and vehicle insurance sectors will continue to be primary growth drivers for non-life insurance in Vietnam in 2023, thanks partly to improved awareness of people and organizations, according to local experts.

The development of the non-life insurance market is driven by the country's ageing population structure and rising middle class, local newspaper Vietnam News reported on Friday.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Vietnam , Insurers , High , Health , Vehicles

Next In Aseanplus News

Mongolia’s disaster-management plan revised and approved
White Tiger Party wins eight seats in five Shan State townships in Myanmar polls
Bhutan, Canada partner to strengthen AI policy and governance
MCMC and X to meet over Grok concerns next week, says Fahmi
New employment policy for expats to be implemented in June, says Home Ministry
Vietnam expects to sign deal to export 2.5 million tonnes of rice to Philippines
Bangladeshi youth critically injured in landmine blast near Myanmar border, locals say
Cordlife’s cord blood banking service licence extended for another year
Australia unveils US$67 million recovery package for bushfire-ravaged Victoria
Cambodia to keep up crackdown on scam centres after arrest of alleged mastermind

Others Also Read