BIDV Insurance Corporation

BIC be voted to be Vietnam Excellent Brand 2014

Festival Golden Dragon Award and Vietnam Excellent Brand is an annual program presented by Vietnam Economic Times in collaboration with Vietnam Trade Promotion Agency – Ministry of Industry and Trade to recognize, encourage and honor the companies with outstanding achievements in production and business activities, service providing, application of environment protection technology and solution, fulfillment in tax obligations as well as ensuring the employees actively participate in social and community activities. In 2014, under the theme of “To develop a fair and healthy business environment”, 71 foreign direct invested businesses (FDI) were honored with Golden Dragon award and 95 businesses were honored with Excellent Brand award.

BIC was honored with Vietnam Excellent Brand Award for its complete satisfaction of the key criteria of the Organizing Committee, of which: having high quality products or services, outstanding style in businesses, sustainable growth and development, good labor safety and environment protection, fulfillment of tax obligations and other regulations of Vietnam Law, actively participating in social activities...

Continuing being honored with Vietnam Strong Brand award is the recognition of BIC’s success over the recent years. In 2014, in the context of the economy suffering many difficulties, BIC succeeded in maintaining its sustainable growth, with direct premium revenue increasing by 25%, higher than the non-life insurance market’s growth (11.8%). Currently, BIC is in the top 10 of market share and one of the non-life insurance companies possessing top profitability ratio in the market. Out of 95 businesses awarded the Vietnam Excellent Brand award 2014, BIC is one of the notable companies attending and being honored in many consecutive years.