Mr. Ngo Viet Trung

Deputy Director
Insurance Supervisory and Authority, Ministry of Finance

Objectives and solutions to develop the insurance industry in 2020, vision to 2025

Along with the strong development of the economy and society, industrialization and modernization of the country, the innovation, opening and integration of the national economy, in recent years the insurance market of Vietnam has taken the initiative and developed greatly, meeting the increasing demand for insurance of the socio-economy, contributing to reducing the State Budget burden, stabilizing production and business activities of Vietnam. economic organizations and people’s lives.
Policies on insurance business are increasingly completed, synchronized and integrated into the life of Vietnamese people, reflected in the promulgation of the Law on Insurance Business, the Amended and Supplemented a Number of Articles of the Law on Insurance Business and documents guiding the implementation, creating equality for insurance enterprises (insurance companies) of all economic sectors to participate in activities in the market.