Other Vietnamese enterprises honored this time have made contributions to promoting Vietnam’s image and people as well as accelerating cooperation among ASEAN and ASEAN+3 business communities.

MB Ageas Life is highly lauded because of its policies of sustainable growth, social welfare, technologies and service improvement. 

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At the event

Notably, MB Ageas Life’s General Director Vu Hong Phu received the “ASEAN manager with many contributions to regional and global economic growth” award.

Since its foundation in 2016, the company has achieved outstanding results when it was one of the top 6 companies in terms of first-year turnover. In terms of operational efficiency, MB Ageas Life started to make profits in 2019 after only three years of operation. This is considered a rare case in the life insurance sector in Vietnam.

Also, the company has a good growth rate. When MB Ageas Life began its operation in 2017, the company’s turnover was only VND 304 billion. The figure reached VND 1,349 billion in 2018 and VND 2,422 billion in 2019.

It is expecting a breakthrough this year with around VND 3,500 billion in turnover.

Translated by Trung Thanh