In this podcast, the Insurance Association of Vietnam’s Mr. Ngô Trung Dũng, provides an insider’s perspective on what the reforms reshaping the country’s insurance sector mean for its future.

Vietnam’s insurance market is positioning itself for a significant new growth phase, supported by sweeping regulatory reform, stronger governance expectations and an industry-wide push to rebuild public trust.

While insurance penetration remains comparatively low, industry leaders believe the market’s long-term potential is substantial. 

Vietnam’s rapidly expanding middle class, rising awareness of financial protection and increasing sophistication in regulation are reshaping both life and non-life insurance across the country.

ANZIIF writer Anna Lopata asked  Mr. Ngô Trung Dũng, Deputy General Secretary of the Insurance Association of Vietnam to share his insights.