Announcement of the 10 Largest Insurance Companies Contributing to Vietnam’s Budget

CafeF has announced the list of the top 10 insurance companies that contributed the largest to the state budget in Vietnam in 2024, as part of the PRIVATE 100 and VNTAX 200 lists, which recognize companies with significant contributions to the state budget. Among these, the total contribution from leading insurance companies reaches 7,800 billion VND, an increase of 20% compared to the previous year. Baoviet Group and PVI Holdings lead with contributions of over 1,000 billion VND. Life insurance companies such as AIA, Cathay Life, Dai-ichi Life, Manulife, and Prudential also feature on the list. In the fiscal year 2024, although the overall premium revenue slightly decreased by 0.3%, many companies still maintained good tax contributions due to stable business operations. For instance, AIA Vietnam has continuously contributed over 600 billion VND each year with a diverse product portfolio. The 2025 list will continue to acknowledge companies that make significant contributions to the state budget.

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