According to data from the Ministry of Finance (MoF), total insurance premium revenue reached VND116.19 trillion ($5.06 billion) in the first seven months of 2021, an increase of 18.26 per cent year-on-year. As of the end of July, total assets in the insurance market were estimated at VND630.36 trillion ($27.52 billion), up 20.84 per cent year-on-year.