BIC provides comprehensive insurance for Future Innovation Vietnam
On June 23, 2026, in Hanoi, BIDV Insurance Corporation (BIC) and Future Innovation Vietnam Company Limited (FTI) signed a comprehensive insurance contract covering FTI’s assets and workforce.
Attending the ceremony on behalf of BIC were Mr. Tran Hoai An – Chairman of the Board of Directors; Ms. Doan Thi Thu Huyen – Board Member and CEO; along with Deputy CEOs, Directors of Head Office Divisions, and the leaders of BIC Hong Ha. Representing FTI were Mr. Cheung Ka Hin – CEO, together with other company leaders.
Under the agreement, BIC will become the exclusive insurer providing a full range of products for FTI, including property insurance, cargo insurance, motor vehicle insurance, personal accident insurance… Notably, immediately after the signing, BIC will implement insurance coverage for all FTI assets located in Phu Ha Industrial Park, Phu Tho Province, with a total sum insured exceeding VND 3,000 billion.
Speaking at the ceremony, Mr. Tran Hoai An – Chairman of BIC – expressed the company’s honor in being chosen as FTI’s insurer from the very early days of its operations in Vietnam. He emphasized that FTI has consistently maintained a robust risk management system, safe operations, and strict compliance with international standards. With the 2026 comprehensive insurance program, BIC is committed to delivering the best financial protection solutions, enabling FTI to confidently expand operations and pursue long‑term growth objectives.
FTI CEO Cheung Ka Hin also praised BIC’s service quality, professionalism, and strong sense of responsibility throughout the partnership. He noted that the comprehensive insurance program not only enhances the company’s risk management capabilities but also reflects FTI’s strong commitment to safeguarding its assets, ensuring uninterrupted business operations, and supporting employee welfare. The cooperation between BIC and FTI stands as a testament to their long‑term partnership aimed at sustainable, safe, and efficient development.
Future Innovation Vietnam Company Limited (FTI) is a wholly foreign‑owned enterprise and a member of Innovation Group (Hong Kong), specializing in research, development, and manufacturing of high‑tech electronic products. After more than six years of operations in Vietnam, FTI has developed a network of five factories in Phu Hà Industrial Park, Phu Tho Province, employing over 12,000 workers. In its development strategy, FTI identifies people as its most valuable asset and prioritizes building a safe, stable, and sustainable working environment. BIDV Insurance Corporation (BIC) is a member of the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV). With over 26 years of experience in non‑life insurance, BIC is one of the leading insurers in terms of revenue and ranks among the top three non‑life insurers with the highest profitability in the market. BIC also possesses strong financial capacity, holding an aaa.VN credit rating from AM Best — the highest rating in Vietnam. BIC currently has more than 1,500 employees, serving customers through 38 branches and over 230 business offices nationwide. It is also the only Vietnamese insurer with an operational network across the entire Indochina Peninsula, with two joint ventures in Laos and Cambodia. |