PVI System Achieves 87% of 2025 Annual Profit Plan in the First 6 Months
On July 22, 2025, at the PVI Tower Headquarters, PVI Holdings successfully held the Mid-Year Business Review Conference for H1/2025 and rolled out the business plan for H2/2025.
The conference was chaired by Mr. Nguyễn Tuấn Tú – Vice Chairman of the Board of Directors (BOD)/CEO of PVI, and Mr. Dương Thanh Danh Francois – Vice Chairman of the BOD of PVI.
Attendees included Mr. Đoàn Linh – Member of the BOD of PVI, Ms. Hà Lan – Head of the Supervisory Board, the Executive Board, Directors of Departments/Centers under the Parent Company, and leaders of subsidiaries in the PVI system including PVI Insurance Corporation, Hanoi Reinsurance Corporation (Hanoi Re), and PVI Asset Management Joint Stock Company.
By the end of the first 6 months of 2025, the entire PVI system exceeded its targets for consolidated revenue and pre-tax profit, achieving 136% and 169% of the plan respectively. Both revenue and profit saw significant growth compared to the same period last year (31.8% and 21.6%). The growth driver primarily came from insurance business activities across the system, especially from PVI Insurance Corporation.
Consolidated revenue for H1 reached VND 15,351 billion, a 31.8% increase year-on-year, fulfilling 71.61% of the annual plan.
Consolidated pre-tax profit was estimated at VND 953 billion, up 21.6% year-on-year, fulfilling 87.39% of the annual plan.
Annualized consolidated ROE reached 18.3%, surpassing the planned 11.3%.
As the core operation, primary insurance revenue reached VND 8,021 billion, up 13.5%, completing 125.4% of the plan.
During the reporting period, AM Best reaffirmed its financial strength rating of A- (Excellent) and issuer credit rating of “a-” (Excellent) for PVI Insurance Corporation.
Reinsurance grew strongly from the beginning of 2025, driven by international market expansion based on safety and efficiency. Reinsurance revenue for H1 reached VND 6,285 billion, fulfilling 156% of the H1 plan and increasing 69.5% compared to the same period last year.
During the period, Hanoi Re was reaffirmed by AM Best with a Financial Strength Rating (FSR) of B++ (Good), Long-Term Issuer Credit Rating (ICR) of “bbb” (Good), and Vietnam National Scale Rating (NSR) of aaa - VN (Excellent), the highest rating in Vietnam.
Investment continued to be a key profit contributor, accounting for over 50% of PVI’s profit structure. Investment and financial revenue for H1 reached VND 685 billion, achieving 120% of the plan and growing 6.6% year-on-year.
In addition to business growth, PVI remains committed to community development and improving living conditions in disadvantaged areas, reaffirming its principle of "efficient business, transparent governance, and sustainable development."
Thanks to its impressive business results, PVI and its subsidiaries have continuously appeared in prestigious domestic and international rankings:
PVI Holdings was named among the Top 50 Excellent Enterprises and has remained in the Top 500 Largest Enterprises in Vietnam for 17 consecutive years, as ranked by Vietnam Report.
PVI was honored for the third time in the VIX50 Ranking – Top 50 Reputable and Efficient Public Companies by Vietnam Report.
For the second consecutive year, PVI was listed in the "TOP50 Exemplary Sustainable Development Enterprises in Vietnam 2025" (TOP 50 CSA), jointly announced by Nhip Cau Dau Tu Magazine and the Investment and Finance Newspaper.
In H1 2025, PVI was officially listed in the Fortune Southeast Asia 500, the prestigious ranking by Fortune magazine, recognizing the top 500 companies by revenue in Southeast Asia.
Both PVI and Hanoi Re were honored as "Standardized Information Disclosure Enterprises 2025" by the IR Awards 2025 program.
PVI Insurance ranked No. 1 in the Top 10 Innovative and Efficient Enterprises in the non-life insurance sector as voted by the Investment and Finance Newspaper and led the Top 10 Most Reputable Non-life Insurance Companies as evaluated by Vietnam Report.
Notably, H1 2025 marked a proud milestone for PVI Insurance, receiving several prestigious awards from top Asian insurance organizations.
At the Country Awards for Excellence 2025 by InsuranceAsia News (Hong Kong), PVI Insurance was the only non-life insurer in Vietnam recognized in all three non-life categories:
Best General Insurer
Vietnam’s Outstanding Claims Management
Best Digital Insurer of the Year
Remarkably, only eight awards were given to the Vietnam market this year.
The Country Awards for Excellence is a prestigious regional award honoring outstanding insurers, reinsurers, and brokers who have made significant contributions and shaped the future of the insurance industry in Asia-Pacific.
These international awards are a well-deserved recognition of PVI's outstanding achievements. They result from relentless efforts, steadfast commitments, and strategic orientation, reflecting the core values of dedication, professionalism, and innovation that the company consistently upholds. This success also reinforces customer and partner trust in the Vietnamese and broader Asian insurance markets.
