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VIETNAM BUSINESS NEWS JUNE 29
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Update: April, 09/2021 - 09:31 |
A Prudential Vietnam customer care centre in HCM City. Prudential reported excellent growth last year despite the COVID-19 pandemic. Photo courtesy of the company
HCM CITY Prudential Vietnam reaffirmed a year of sustainable growth and enhancements in its business operations in 2020, while continuing to prioritise the health and wealth of customers and contribute to the country’s economic development.
Prudential achieved total revenues of VNĐ33.97 trillion (US$1.46 billion) last year, including VNĐ24.7 trillion ($1.06 billion) from insurance activities, an increase of 12.6 per cent from 2019.
Revenues from new business were up 8.7 per cent to VNĐ5.479 trillion.
In response to the pandemic, Prudential Vietnam made timely adjustments to its operations including adopting new ways of working and optimising costs, resulting in a rise in its pre-tax profits to VNĐ2.8 trillion ($120.8 millio
Prudential Vietnam reaffirms sustainable growth goals in 2020 16:00 | 06/04/2021
Prudential secured sustainable growth and efficient business operation in 2020
In 2020, Prudential achieved a total revenue of VND33.97 trillion ($1.48 billion), of which net revenue from insurance activities reached VND24.71 trillion ($1.1 billion), an increase of 12.6 per cent from the previous year. Meanwhile, new business revenue reached VND5.48 trillion ($238.26Â million), an increase of 8.7 per cent. In response to the impact of the pandemic, Prudential Vietnam made timely adjustments to its operations including applying new ways of working and optimising costs, resulting in a rise in its pre-tax profit to VND2.79 trillion ($121.3Â million).
In 2020, Prudential Vietnam maintained a solvency margin of almost 140 per cent, underscoring its ability to safeguard customersâ finances. The strong results also underscore Prudentialâs continued strengths in
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