On 09th October 2025, the Subject Company Meeting officially took place at PVI Tower, serving as one of the key events in the CFA Institute Research Challenge in Vietnam 2025 series. This year’s featured company is PVI Holdings (HNX: PVI) — Vietnam’s leading non-life insurance and reinsurance group, now evolving into a regional financial powerhouse with a global vision.
It was an honor to have the leadership team of PVI Holdings participate in the meeting, including Mr. Nguyen Tuan Tu – Vice Chairman cum CEO, Mr. Duong Thanh Danh Francois – Standing Vice Chairman, Mr. Tran Duy Cuong – Chief Accountant; along with many other key personnel from PVI Holdings, PVI Insurance, Hanoi Re, and PVI Asset Management.
Through the presentation and direct Q&A session, both online and in-person teams had a valuable opportunity to gain in-depth insights into PVI’s position in the non-life insurance market, as well as detailed explanations of PVI’s financial statements, financial performance, typical accounting treatments, dividend plans, risk management, and other key financial metrics.
🏢 Key notes about PVI Holdings:
🚀 Update performance 1H2025:
Revenue and EBT reached VND 15,351 billion (+31.8% YoY) and VND 953 billion (+21.6% YoY), respectively completed 72% and 87% it full-year plan.
Combined ratio: 87%, an improvement from last year’s ~89.7%.
🌍 Message from PVI
PVI not only maintains its No.1 position in Vietnam but also aspires to become a globally recognized, internationally governed insurance–investment institution — proudly managed by Vietnamese talent, operated at international standards.
The CFA Institute Research Challenge is a prestigious global competition for university students, designed to test participants’ skills in equity analysis, investment report writing, and professional presentation. Guided by CFA Charterholders, students, with each team consisting of 3 to 5 members, analyze a publicly listed company and compete through national, regional, and global rounds. The 2025 global competition is expected to attract approximately 7,000 students from 1,100 universities across nearly 100 countries.
In Vietnam, the CFA Institute Research Challenge was first held in 2011. This year marks its 15th season, featuring 28 university teams from across the country. Each team will analyze and present investment recommendations (Buy/Hold/Sell) for PVI Holdings (HNX: PVI) to a panel of investment professionals. The top two national teams will advance to the Southeast Asia sub-regional round, with the winning team moving on to the Asia-Pacific regional round, and potentially to the global finals, scheduled to take place in Hong Kong in May 2026.
For more information, visit the official CFA Institute Research Challenge website.
www.cfainstitute.org/researchchallenge; https://www.facebook.com/CFAInstituteResearchChallengeVietnam
