Bao Viet Insurance's double award at the 2026 Insurance Asia Awards, including Business Insurance Initiative of the Year (Vietnam) and Insurance Management Enterprise of the Year (Administrator of the Year - Vietnam), is the result of product innovation, insurance journey digitization and data standardization, processes, and management models throughout the system.
Accompanying the new development requirements of the economy
2026 marks the beginning of the implementation phase of the 5-year socio-economic development plan 2026 - 2030, opening the era of national rise. In which, Vietnam sets a target of GDP growth of 10% or more and GDP per capita reaching 8,500 USD by 2030, while promoting industrialization, modernization, innovation and digital transformation.
According to the Strategy for Development of Vietnam's Insurance Market to 2030, the market is oriented to develop in a modern, sustainable direction, accessing the best international standards and practices, while promoting digital transformation, improving risk management and diversifying products and services.
In that context, Bao Viet Insurance continues to promote its role in accompanying the economy by proactively innovating products and technologies, improving management capacity and standardizing operations according to international practices. These efforts contribute to building a solid protective launching pad, adding momentum and sustainability for businesses and people in the country's new development journey.
Insurance governance efficiency: Internal transformation to create new momentum
Bao Viet Insurance continues to invest in completing the management system in the direction of standardization, digitization and strengthening control over the entire system, optimizing the electronic accounting portal model, thereby improving data quality, transparency of management and reporting.
Governance capacity continues to be strengthened by the financial foundation of the enterprise. In 2026, AM Best maintains the Financial Capacity Ranking B++ (Good), the Long-term Issuing Institution Credit Capacity Ranking "bbb+" (Good) and the national rating aaa. VN (Exceptional) for Bao Viet Insurance, along with stable prospects.
Changes in products, technology and operations implemented in a year Bao Viet Insurance maintains positive growth momentum. According to the Vietnam Insurance Association, in the first 7 months of 2026, the non-life insurance market grew by about 14.5%. In which, Bao Viet Insurance Corporation achieved growth of 16% compared to the same period in 2025, exceeding the general growth rate of the market.
Previously, Bao Viet Insurance continued to make its mark with a series of awards and titles, including the title "Vietnam's leading insurance enterprise in accompanying and supporting customers" of the Global Banking & Finance Review Awards and the Sao Khue 2025 award for BaoViet Direct - a digital insurance application on the phone.
Bao Viet Insurance continues to aim to become a reliable risk management fulcrum, contributing to creating a safe, modern, transparent and efficient insurance market, accompanying Vietnam's long-term development goals.
This is also Bao Viet Insurance's way of concretizing the spirit of "Bao Viet - Vietnamese Enterprises, for Vietnamese people, for Vietnamese future" with capacity and practical actions in the new development stage.
To be consulted on appropriate insurance solutions, customers can contact hotline 1800 1118 / (024) 3573 0505, visit website https://baovietonline. com. vn/ or connect with a consulting team at member companies and transaction branches nationwide.
