The National Brand Award is a prestigious honor, initiated by the Government of Vietnam and overseen by the Ministry of Industry and Trade, to acknowledge brands that represent national excellence in quality, credibility, and sustainable values. Being awarded the National Brand consecutively in 2022 and 2024 is a source of pride and a testament to Baoviet Insurance’s dedication to establishing its leading position in Vietnam's insurance industry.

Themed “Moving Towards the Green Era,” this year’s National Brand program underscores the message of sustainable development, aligning with Vietnam’s commitment to achieving net-zero emissions by 2050. All products recognized as National Brands in 2024, including Baoviet’s non-life insurance services, embody three core values: Quality, Innovation, and Pioneering Capacity.

Prime Minister Pham Minh Chinh and Minister Nguyen Hong Dien presented the National Brand emblem to Baoviet Group, honoring its accomplishment as Vietnam’s National Brand in 2024. (Photo: Thanh Dat)

Commitment to Sustainable and Socially Responsible Insurance

Mr. Nguyen Hong Tuan, General Director of Baoviet Insurance, stated, “We take pride in ensuring every Baoviet Insurance program not only meets the needs of asset and health protection but also integrates social and environmental responsibility. Over 60 years of growth, Baoviet Insurance remains dedicated to pioneering exceptional value for customers and the community, setting new sustainability standards in the insurance industry.”

As Vietnam’s first insurance enterprise, founded in 1965, Baoviet Insurance understands its role in supporting economic stability. The company offers diverse products tailored to all customer segments, from individuals to large corporations. Claims handling is a top priority, exemplified during events like Typhoon Yagi, where Baoviet’s transparent and efficient processes showcased its commitment to helping communities and businesses recover from natural disasters. This adaptability has strengthened Baoviet Insurance’s market competitiveness.

Today, Baoviet Insurance operates the largest non-life insurance service network in Vietnam, with 79 member companies, over 70,000 professional consultants, 250 medical guarantee facilities, hundreds of partner auto repair garages, and multiple 24/7 service channels. Advanced digital applications like InsureJ, BVcare, and Baoviet Go provide convenient online management, from policy registration to claims processing, enhancing the seamless customer experience.

Throughout six decades, Baoviet Insurance has approached international standards, driven innovation, and built a comprehensive service ecosystem to safeguard the interests of customers and the community. The trust customers place in Baoviet Insurance reflects decades of improvement, technological investment, and professional development, ensuring transparent, efficient insurance services.

The Only Insurance Brand Awarded Vietnam National Brand Certification in 2022 and 2024. (Photo: Baoviet)

In addition to the 2024 National Brand Award, Baoviet Insurance was honored by Global Banking & Finance Review in August with the international award “60 Years of Excellence – Insurance” for Vietnam. This recognition applauds Baoviet’s continuous efforts over six decades, serving generations of clients and businesses.

With its acknowledged strengths, both locally and internationally, the 2024 National Brand award once again affirms Baoviet Insurance’s role as a symbol of sustainable development and innovation within Vietnam’s non-life insurance sector. Dedicated to its mission of uplifting the Vietnamese brand to “stand shoulder to shoulder with leading nations,” Baoviet Insurance is committed to advancing initiatives that align with green development goals, meeting consumer expectations as Vietnam steps into a sustainable future.