Stock analysts remain cautious on the market outlook this week in the context of a deficiency in supporting information as well as the weakening participation of foreign traders.

VietNamNet Bridge - A number of insurance companies are considering lifting foreign ownership to be able to improve their ratings and expand the market.

The number of insurance companies has doubled compared to two years ago, with the size of the insurance market increasing by 2.3 times in the last five years.

Through merger & acquisitions (M&A), the world’s leading insurance conglomerates have been buying Vietnamese companies, which has helped the former hasten their entry into the Vietnamese market.

VietNamNet Bridge - The insurance sector has seen one of the highest growth rates in the last 10 years, as total investment capital from the sector to the national economy increased sharply by 500 percent in 2006-2015.

 VietNamNet Bridge – The Vietnam Insurance Corporation (Bao Viet) has a new Chairman, Deputy Chairman and two members of the Board of Directors.

VietNamNet Bridge – Accused of irresponsibility in causing losses worth hundreds of thousands of US dollars, Mr. Tran Trong Phuc, former general director of the Bao Viet Insurance Group, is being prosecuted.

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More foreign insurers have come to Vietnam in recent years. Joining forces with domestic partners in doing business is the way many of them have chosen to penetrate the local market.