Country Profile - Vietnam: Insurance Sector Enjoys Steady Growth, but Faces Challenging Times
Source: Asia Insurance Review | Aug 2007
Although the Vietnamese economy registered favourable results in 2006 with GDP growth rate of 8.17% providing good impetus for the insurance industry, the adverse effects from natural catastrophes and epidemics continue to concern local insurers. In this country profile on Vietnam, we look at the challenges of the insurance industry and the rise in foreign investment following the country’s recent accession to the WTO.
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