Thursday , November 28 2024

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$1B insurance contracts signed through banks in 2022

$1B insurance contracts signed through banks in 2022

Nearly one million life insurance policies worth almost VND23.8 trillion (US$1.01 billion) were sold through banks last year. The number accounted for 46% of all policies sold last year, according to the Insurance Association of Vietnam (IAV). The cumulative number for bancassurance policies rose to 2.9 million while the sum …

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5 motorbikes sold in Vietnam every minute

5 motorbikes sold in Vietnam every minute

Over 634,000 motorbikes were sold in Vietnam in the first three months, which translates to almost five units every minute. The figure dropped by nearly 16% year-on-year, according to the Vietnam Association of Motorcycle Manufacturers, which comprises Honda, Yamaha, Piaggio, Suzuki and SYM. The motorbike sales figure was 7.3 times …

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