On October 25th 2023, at PVI Tower, PVI Holdings (PVI) successfully organized a conference to wrap up business activities in the first 9 months of 2023 and implement Q4/2023 business plans. Mr. Nguyen Xuan Hoa – Standing Vice Chairman of the Board of Directors/CEO of PVI chaired the conference. Attending the conference were Mr. Duong Thanh Francois - Vice Chairman of the Board of Directors (attending online), Mr. Doan Linh - Member of the PVI Board of Directors, Ms. Ha Lan - Head of PVI Supervisory Board, Board of Management, Directors of Departments/Centers under PVI Holdings and Board of Management of subsidiaries in the PVI system including PVI Insurance Corporation, Hanoi Reinsurance Joint Stock Corporation, PVI Asset Management. 

By the end of Q3/2023, the entire PVI system has exceeded business plan targets assigned by the Board of Directors/General Meeting of Shareholders: Total consolidated revenue for the first 9 months of 2023 is estimated at 11,879 billion VND, completing 117% of the plan. According to plan, EBT for the first 9 months of the year is estimated at 1,049 billion VND, completing 149% of the plan. All indicators increased over the same period. The main growth motivation comes from the financial investment activities of the entire system. Specifically, consolidated financial investment revenue is estimated at 1,007 billion VND, completing 150% of the 9M plan and growing 51% over the same period and reaching 103% of the plan for the whole year 2023 mainly because the whole system benefits when deposit interest rates are high from the first months of the year.

PVI Insurance has excellently completed its targets, continuing to firmly hold the No. 1 position in non-life insurance market in the Vietnam with total revenue reaching 10,721 billion VND, completing 118% of the 9-month plan, growing 12.2% compared to with the same period; pre-tax profit reached 536.5 billion VND, completing 128.6% of the 9-month plan; growing by 22.4% over the same period in 2022. With 9 months of unremitting efforts, in addition to a solid position in the market, the results for PVI Insurance are prestigious awards. from domestic and international organizations. Prominent among these is PVI Insurance becoming the first and only enterprise in Vietnam to have its financial credit rating upgraded to A- (Excellent) from A.M.Best, marking a brilliant milestone on Vietnam insurance market.

Furthermore, Reinsurance activities continue to develop in the right direction: reinsurance from domestic sources has positive growth in both revenue and profit, contributing an increasingly large proportion to total revenue. By the end of q3/2023, Hanoi Re's total revenue is estimated to reach 2,181 billion VNĐ, completing 110% of the plan; profit before tax is estimated at 150 billion VND, completing 113.7% of the plan.

In Q3/2023, it is impossible not to mention the event: PVI Holdings in collaboration with PVI Insurance was honored to welcome the delegation from Lower Saxony (Germany) at PVI Tower, Hanoi. The meeting had the presence of the state's Premier, Mr. Stephan Weil and other members of the delegation. This special visit marks an important milestone, opening up opportunities for sustainable and long-term cooperation between PVI and the business community of Vietnam and Germany.

The PVI brand has been increasingly affirmed by continuously being honored with prestigious awards: honored for the 7th time in the Top 50 best listed companies in 2023 voted by Forbes Vietnam; Top 50 most effective business companies voted by Nhip Cau Dau Tu Magazine in collaboration with Thien Viet Securities Company; Top 50 Most Profitable Enterprises in Vietnam and honored to be in the PROFIT 500 ranking voted by Vietnam Report.

Regarding sustainable development activities, PVI continued to implement the goal of "Cooperating to promote sustainable development for especially difficult communities in some mountainous provinces for the 3-year period 2023-2025", dated September 21st 2023, PVI coordinated with the Center for Research on Community Development Initiatives (RIC) to organize the inauguration ceremony and signposting of the domestic water project combined with watershed afforestation activities in Na Sang village, Chieng Xuan commune, Van Ho district, Son La province. The activity is within the framework of the project "Construction and renovation of domestic water works in Na Sang village, Chieng Xuan commune, Van Ho district, Son La province". PVI Trade Union and PVI Youth Union also coordinated with Moc Chau District Union to carry out the handover ceremony program "Gratitude House for families under difficult circumstances in Moc Chau, Son La" and combined giving gifts to some households are in difficulty. PVI also coordinated with Moc Chau district union to participate in watershed afforestation activities with people in Na Sang village. Thereby, increasing people's participation in community activities as well as raising their awareness in protecting watershed forests - protecting the water resources of the entire village. In addition to implementing the project to improve clean water sources in Son La, on October 1st, PVI coordinated with the People's Committees of Wards 1, 4, 5 of the City. Vung Tau held a ceremony to launch a general environmental cleanup with the theme "Joining hands to act for a cleaner world".

In Q3/2023, the PVI Board of Directors has supervised the activities of Board of Management through internal audit programs and attendance at Board of Directors meetings, and periodic reports on business operations and status. financial form. The Board of Directors has directed the Board of General Directors to operate in accordance with the provisions of law, PVI Charter and comply with the Resolutions of the General Meeting of Shareholders and the Board of Directors.

All achieved results have recognized the efforts of all employees and the responsibilities of key officials throughout the system. On that basis, the PVI Board of Directors has made specific directive statements for each unit/center to orient plans and implementation solutions in the fourth quarter of 2023, striving to excellently complete the tasks. 2023 plan targets assigned by the Board of Directors/General Meeting of Shareholders.