BIDV Insurance Corporation

According to the 2025 PROFIT500 Ranking — jointly published by Vietnam Report JSC and VietnamNet — BIDV Insurance Corporation (BIC) has once again been recognized as one of the 500 most profitable enterprises in Vietnam. This marks the 9th consecutive year BIC has earned a spot on the prestigious list. In 2025, BIC continues to rank in the upper half of the chart, placing 183rd, up two positions from the previous year.

The PROFIT500 ranking originated from the TOP1000 TAX list, which annually highlights Vietnam’s top corporate income tax contributors since 2017. While TOP1000 TAX focuses on fiscal responsibility to the national budget, PROFIT500 expands its scope to provide a more comprehensive assessment of a company’s financial strength and competitive capacity.

PROFIT500 applies international standards and methodologies, evaluating not only profit scale and sustainable value creation for shareholders and investors, but also a company’s commitment to contributing to the national budget, community, and society. The criteria go beyond pre-tax profit, incorporating indicators such as return on equity, growth potential, media reputation, and the ability to balance business goals with social responsibility.

BIC currently ranks among the Top 3 non-life insurance companies in Vietnam with the highest profitability ratio. Despite challenges facing the insurance industry in recent years, BIC has consistently delivered strong performance and high profits from its core insurance business. The company’s business scale has also expanded steadily, placing BIC among the Top 5 non-life insurers in terms of premium revenue.

Being honored in the PROFIT500 ranking is a clear testament to BIC’s solid financial foundation and sustainable development strategy. This recognition is especially meaningful as BIC celebrates its 20th anniversary, serving as a powerful motivator for the company to further enhance its competitiveness, expand its operations, and strengthen its brand reputation.