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Bao Viet Insurance

Bao Viet / Tong Cong ty Bao Viet

90Score

★★★☆☆3.8

Customer satisfaction · 5.0M members

Market Leader: Largest Vietnamese Insurer(2026)

Bao Viet is the oldest and largest insurance company in Vietnam (founded 1965), and Vietnam's 7th largest listed company by market capitalization. It leads in both life and non-life segments with 23.5% life insurance market share, offering domestic health insurance plans at affordable rates ($200-$400/year).

Overall Score

90/100

Founded

1965

Headquarters

Hanoi

Type

public

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Key Metrics

Market Share

23.5% life insurance market

Market Cap

7th largest listed company in Vietnam

Health Plan Range

$200-$400/year

Ownership

State-linked (government retains significant ownership)

Editorial Ratings

Market Leader: Largest Vietnamese Insurer(2026)

Rating: Market leader — 23.5% life insurance market share (max: N/A)

90Pacific

Coverage Highlights

✓Oldest and largest insurance company in Vietnam (since 1965)
✓Market leader in both life and non-life segments
✓Affordable domestic health plans ($200-$400/year)
✓Largest distribution network nationwide
✓Vietnam's 7th largest listed company

Pros

✓Strongest brand recognition in Vietnam
✓Largest distribution network nationwide
✓Government-linked stability
✓Most affordable local health plans

Cons

✗Website primarily in Vietnamese
✗Products designed for domestic market (limited for expats)
✗Claims process can be bureaucratic
✗Coverage limits lower than international plans

Frequently Asked Questions

How much does Bao Viet health insurance cost?

Bao Viet offers domestic health insurance plans at affordable rates of approximately $200-$400 per year, making it one of the most budget-friendly options in Vietnam.

Is Bao Viet suitable for expats?

Bao Viet products are primarily designed for the domestic Vietnamese market. Expats may find the coverage limits lower than international plans and the website primarily Vietnamese-language.

Is Bao Viet government-owned?

Bao Viet is listed on the stock exchange but the Vietnamese government retains significant ownership, providing strong financial stability and government-linked backing.

Quick Summary

InsurerBao Viet Insurance

Country🇻🇳 Vietnam

Overall Score90/100

Satisfaction3.8/5

Members5.0M

Typepublic

Founded1965

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