Vietnam targets VND95.567Tln insurance revenue in 2011
Vietnam targets to achieve total insurance revenue of VND95.567trillion in 2011, Vietnam News Agency reported, citing Decision 171 on the state’s targets of insurance revenues and expenses in 2011.
Of the sum, Vietnam targets to collect VND52.042trillion of compulsory social insurance, VND150billion of voluntary social insurance, VND4.671trillion of unemployment insurance, VND26.704 of health insurance, and VND12trillion of investment income.
The state plans to spend VND69.688trillion on the welfare system, in which VND1.731trillion will be spent from the state’s budget. – Stoxplus.com
Tags: Vietnam insurance, Vietnam insurance industry, Vietnam insurance market