HANOI: Several top insurance companies in Vietnam are investing thousands of billions of Vietnamese dong in stocks.
For the top five insurers – Prudential, Manulife, AIA Vietnam, Dai-ichi Life and Bao Viet Group – about 70% to 90% of their total assets are used for short- and long-term investments, of which stocks have gradually become an important investment channel, news portal doanhnhanvn.vn reports.
Of these top listed insurers, Prudential has invested the most in stocks, putting nearly 20 trillion dong or about US$757.5mil into the market by the end of the second quarter of this year (2Q25).
Prudential’s total assets at the end of 2Q25 reached 192.5 trillion dong, up 1.8% compared to the beginning of this year.
The company has invested nearly 39.7 trillion dong in short-term financial investments and around 129.2 trillion dong in long-term financial investments, up 10.1% and 0.2% year-on-year, respectively.
More than half of Prudential’s short-term investments (nearly 19.5 trillion dong) were put into listed stocks and stocks traded on the Unlisted Public Company Market, while the rest was in bank deposits and fund certificates.
Manulife has also invested significantly in stocks.
By the end of June, the firm’s total assets reached 144.9 trillion dong, up 5.7% compared with the beginning of the year.
Nearly 37 trillion dong of its assets are in short-term investments, while around 75.7 trillion dong are in long-term investments.
Most of the securities that Manulife has invested in are listed stocks, with nine trillion dong in investment, as well as corporate bonds, with more than 1.9 trillion dong invested.
The company’s short-term investment portfolio includes items like short-term deposits worth 22.8 trillion dong.
Meanwhile, Bao Viet’s total investment by the end of 2Q25 was nearly 241.9 trillion dong, an increase of 4.5% compared with the end of the previous year, according to the firm’s consolidated financial report.
Investments held to maturity accounted for the largest proportion of Bao Viet’s investment capital, with more than 234.3 trillion dong. — Viet Nam News/ANN
