SHINHAN LIFE VIETNAM WON THE 2025 GOLDEN DRAGON AWARD

08/05/2025

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Hanoi City, 23rd April 2025, Shinhan Life Insurance Vietnam Limited Liability Company (Shinhan Life Vietnam) has been honored as Leading insurance company in health and wellness in the Top 30 Outstanding FIEs in 2024 - 2025 at the 24th Golden Dragon Awards ceremony.

Golden Dragon Awards (GDA) have become the largest annual event organized by Tap chi Kinh te Viet Nam, VnEconomy, Vietnam Economic Times in cooperation with ministries, sectors, localities, and relevant agencies, to recognize foreign-invested enterprises (FIEs) in Vietnam. Over the course of 20 years and more the awards have accompanied the business community, praise FIEs that operate effectively and post impressive achievements in production and business and actively contribute to the development of the locality where they operate and the national economy.

The organizer conducted survey and winner selection based on 5 main criteria: business results; brand building, development and protection; corporate responsibility; green and sustainable business development; application of digital transformation in business activities and operational efficiency. 2025 marks the second consecutive year that Shinhan Life Vietnam has been honored in Golden Dragon Awards. This is the recognition of Company’s efforts in sustainable development journey, constantly improve product and service quality to accompany and provide customers the comprehensive and suitable financial protection solution.

Mr. Bae Seung Jun, General Director of Shinhan Life Vietnam, shared: “Throughout 2024, Shinhan Life Vietnam continued to focus on enhancing its infrastructure, strengthening the training of staffs and agents, and preparing for a phase of accelerated growth in the near future. With the sustainable development strategy, the Company is committed to achieving the goal “Business associated with social responsibilities”. In addition to accompanying and providing customers with quality financial protection solutions, we focus on building a friendly and professional working environment, promoting CSR activities, community initiatives, and join hands to actively contribute to the common development of the economy and society.”

According to 2024 Financial Report, Shinhan Life Vietnam recorded total revenue of 402 billion VND, with net revenue from insurance business operation amounting to 256 billion VND, reflecting a 19% growth compared to the previous year, and solvency margin was at high level of 4,496%. These results are expected to propel the company's comprehensive growth objectives for 2025. The Company offers a diverse portfolio of products designed to provide comprehensive and flexible insurance solutions, addressing the varied protection, savings, and investment needs of Vietnamese customers.

About Shinhan Life Vietnam

Shinhan Life Insurance Vietnam Limited Liability Company entered the Vietnamese insurance market in February 2021, headquarters in Ho Chi Minh City, operates in the fields of life insurance, health insurance and financial investment. With charter capital of VND 2,320 billion, fully contributed by its parent company Shinhan Life Insurance Corporation, Shinhan Life Vietnam officially launched and operated its business in Vietnam in January 2022.

For more information, please visit: https://shinhanlifevn.com.vn https://shinhanlifevn.com.vn

Contact Information:

Tran Thi Tuyet Minh – Head of Marketing

Phone: 028 730 09920

Email: minhtran@shinhan.com or minhtran@shinhanlife.biz.vn