The Group is headquartered in Hanoi with a widespread network of more than 188 branches across 63 provinces nationwide. Baoviet was the first insurance company incorporated in Vietnam and also the first state-owned insurance company in Indochina.
Baoviet was granted the First-Class Labour Medal by the Party and the State on the eve of its 50 years of establishment, in January 2015. BVQI (UK) accredited Baoviet with the quality management ISO 9001:2000 certification in August 2001, and ISO 9001:2008 certification in 2009.
The company was listed on the Ho Chi Minh City Stock Exchange in June 2009. Today, the group provides a comprehensive range of financial services, including insurance, banking, fund management, securities and investments. As of 31/12/2019, the owner equity and total assets of BaoViet Group are VND19,902 billion and VND128, 238 billion respectively. BaoViet Group is the first State-owned enterprise to successfully seek to attract a foreign strategic partner, Sumitomo Life Insurance Group (Sumitomo Life) owns 22.09% stake in the Group. The brand name of BaoViet is number 1 in the Vietnam insurance market with a value of more than USD267 million as per Brand Finance (UK) accredited.
According to ininetwork.com
