Dai-ichi Life Vietnam is in the Top 500 Largest Enterprises in Vietnam in 2023

In addition, the company also ranked 2nd in the Top Largest Foreign Life Insurance Companies in Vietnam at the VNR500 Announcement and Honor Ceremony organized by Vietnam Report Joint Stock Company (Vietnam Report) in collaboration with VietNamNet Newspaper at Gem Center Conference - Event Center, Ho Chi Minh City on January 18, 2024.

The VNR500 ranking organized by Vietnam Report in collaboration with VietnamNet Newspaper has entered its 17th year on the journey of searching, recognizing and honoring the achievements of important leading enterprises of the Vietnamese economy, maintaining effective, stable and sustainable production and business activities, fully meeting all evaluation criteria such as: revenue, profit, assets, growth rate, labor scale, media reputation...

Representative of Dai-ichi Life Vietnam Board of Directors received the award of Top 500 Largest Enterprises in Vietnam 2023.

Participating in this survey program for 8 consecutive years and always achieving high rankings, in 2023, Dai-ichi Life Vietnam excellently rose 6 ranks, reaching 64/500 in the VNR500 Ranking, continuing to affirm the stature, position and mettle of a leading life insurance enterprise, with stable and sustainable growth based on a strong financial foundation, outstanding products and services, flexible adaptation, technology investment, improving customer experience as well as the strategy of building an inspiring Japanese life insurance brand image, committed to complying with the law and fulfilling its obligation to contribute to the state budget.

Mr. Dang Hong Hai - General Director of Dai-ichi Life Vietnam, shared: “ We are honored that Dai-ichi Life Vietnam continues to achieve high rankings in the VNR500 Ranking in 2023.

This award becomes more meaningful when it is honored on the occasion of Dai-ichi Life Vietnam marking the milestone of celebrating the 17th anniversary of Dai-ichi Life Vietnam (January 18, 2007 - January 18, 2024), demonstrating the stature, position, financial potential and reputation of the Japanese brand in the 17-year journey of formation and development in Vietnam.

We deeply appreciate and are grateful for the love and trust of nearly 5 million customers & their families, partners and the community over the past time. This is a great source of motivation for Dai-ichi Life Vietnam to continue to make more efforts to ensure a peaceful life and a bright future for customers and their families, while actively contributing to the development of the Vietnamese economy .

In addition to the impressive achievements in the VNR500 Ranking, on December 29, 2023, Dai-ichi Life Vietnam was also honored to receive a Certificate of Merit from the Ho Chi Minh City People's Committee for its outstanding achievements in paying the state budget at the Conference on Reporting the State Budget Revenue and Expenditure Results in 2023.

Dai-ichi Life Vietnam is in the Top 500 Largest Enterprises in Vietnam in 2023 - 2

In 2022, Dai-ichi Life Vietnam also ranked 59th out of 1,000 largest tax-paying enterprises in Vietnam according to the announcement from the General Department of Taxation (Ministry of Finance).

In the challenging market context of 2023, Dai-ichi Life Vietnam is one of the few life insurance companies achieving an estimated after-tax profit of nearly VND 2,600 billion, with total premium revenue estimated at VND 19,550 billion, raising the Company's market share to 12.6%.

With equity of VND 9,800 billion and total assets of over VND 66,000 billion (up 14% compared to 2022), Dai-ichi Life Vietnam is in the Top 3 largest foreign life insurance companies with leading business efficiency in Vietnam.

Dai-ichi Life Vietnam has built a solid foundation, holding the Top 3 position in the market with a business network of over 300 offices, "covering" 63 provinces and cities nationwide, serving nearly 5 million customers through a team of over 2,000 employees and 110,000 professional financial consultants.

Always committed to bringing customers superior benefits and practical values, in 2023, Dai-ichi Life Vietnam paid insurance benefits of VND 4,600 billion for more than 350,000 cases, bringing the total amount of insurance benefits paid to over VND 19,500 billion for more than 1.7 million cases in the past 16 years.

In addition to its efforts for sustainable growth, Dai-ichi Life Vietnam is a leading enterprise pioneering in implementing corporate social responsibility through meaningful community support programs and initiatives across four areas: education, healthcare, environment and social charity with a total contribution of over VND 67 billion to date, contributing to bringing positive changes and a better life for the Vietnamese people.

“ Entering the 17th year of strong internal strength, with a different direction of “Better than biggest”, Dai-ichi Life Vietnam commits to continue to make effective business efforts, ensure green and sustainable growth, continue to improve the experience and highest satisfaction for customers, spread the message of “Connecting Millions of Loves” - love yourself and your family, love the community, love the earth through a series of meaningful and practical activities in the coming time ”, Mr. Hai shared more.

Bao Anh

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