Vietnam National Reinsurance Corporation experienced a poor first quarter in 2025, with net profit halving year-over-year

Share this on: Hanoi, May 06 2025 - 09:23 AM

Vietnam National Reinsurance Corporation experienced a poor first quarter in 2025, with net profit halving year-over-year. This was primarily due to declining performance in both its insurance business, driven by increased expenses, and its financial activities, which saw lower revenue and higher costs. Despite reduced management expenses, the company's overall profit fell significantly, reaching only 17% of its annual targe


Vietnam National Reinsurance Corporation experienced a poor first quarter in 2025, with net profit halving year-over-year. This was primarily due to declining performance in both its insurance business, driven by increased expenses, and its financial activities, which saw lower revenue and higher costs. Despite reduced management expenses, the company's overall profit fell significantly, reaching only 17% of its annual targe



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