Nguyen Zen Nguyen
Insurance Department, University of Labour and Social Affairs, Vietnam
DOI : https://doi.org/10.47191/ijmra/v6-i7-42Google Scholar Download Pdf
ABSTRACT:
To assess the current situation of the insurance business of import and export goods transported by sea at insurance enterprises in Vietnam. The author has used two research methods, namely the methodology and the meta-analysis method, to solve the research problems. Accordingly, the article has presented the theoretical basis for the insurance business of import and export goods transported by sea, the role, risks, losses, and insurance conditions of this service. Based on business data of insurance business for import and export goods transported by sea, the author has evaluated and analyzed this business. Assessing business results, and existing points in this business in Vietnam. The insurance business of import and export goods by sea in Vietnam is not yet internationally competitive and lacks long-term customer relationships. The international level is the difficulties that are hindering the development of Vietnam's insurance enterprises. The research results are also the basis for insurers to recognize weaknesses in the marine insurance business and have a way to overcome them in the future.
KEYWORDS:Insurance business, insurance enterprises, Marine insurance, Vietnam
REFERENCES
1) Insurance Association of Vietnam (2018-2022), Insurance fact book from 2018 to 2022, Insurance Association of Vietnam,
Hanoi, Vietnam
2) National Assembly, (2022). Law on Insurance Business, National Assembly, Hanoi, Vietnam
3) WTO Center VCCI (2018), Vietnam Import and Export Report 2018, Hanoi, Vietnam
4) WTO Center VCCI (2019), Vietnam Import and Export Report 2019, Hanoi, Vietnam
5) WTO Center VCCI (2022), Vietnam Import and Export Report 2020, Hanoi, Vietnam
6) WTO Center VCCI (2022), Vietnam Import and Export Report 2022, Hanoi, Vietnam
7) WTO Center VCCI (2022), List of Free Trade Agreements, Hanoi, Vietnam. https://trungtamwto.vn/fta
VOLUME 06 ISSUE 07 JULY 2023
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