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Vietnam’s non-life sector sees surge in M&A deals

Posted On: Mar. 13, 2023 9:53 AM CST


Over the past two years, Vietnam’s non-life sector has seen a surge in merger and acquisition deals, which reflects the market’s attractiveness and keen competition, Vietnam Plus reported. South Korea-based DB Insurance Co, Ltd. recently acquired Vietnam National Aviation Insurance JSC, strengthening its footprint in the market. The flurry of recent deals can also help boost the country’s non-life insurance industry, which still has room for further growth and development.