Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

Mar 2026

Market Profile


Vietnam

New insurance law to provide impetus to market

The new insurance regulations introduced by the government in December 2025 are expected to add impetus to the stagnant Vietnamese insurance market.
 

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New regulations restore confidence in insurance market

Rising premiums in Vietnam’s insurance market can be attributed to the stabilisation the sector experienced in 2025 after a period of correction and stagnation, following financial conduct issues.
 

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Market transformed by economic growth and rising climate risks

Vietnam’s rapid economic growth is reshaping the country’s insurance and reinsurance industries, leading to higher premium volumes and more complex risks.
 

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Immense untapped potential despite bottlenecks

Growth in the Vietnamese non-life insurance sector is picking back up after growth stalled during the COVID-19 pandemic.
 


Health and protection products on top agenda for life insurers

Vietnam’s life insurance market has significant growth potential, but unlocking it will require clearer communication, simpler products, consistent regulation, standardised sales practices and sustained investment in financial education.
 

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