(Source Aviva’s Annual Report, Hanwa Life Vietnam’s Annual Report, Generali Vietnam’s Annual Report and Sun Life’s Annual Report in 2017 2021) According to the web portal of the Quang Tri Provincial P.
(Source: Aviva’s Annual Report, Hanwa Life Vietnam’s Annual Report, Generali Vietnam’s Annual Report and Sun Life’s Annual Report in 2017-2021) According to the web portal of the Quang Tri Provincial Party Committee, Vietnam was also seriously affected by the COVID-19 outbreak that lasted since April, thus deviating the economic recovery process in the third quarter of 2021 GDP in the third quarter of 2021 decreased by 6.02% After the outbreak of the epidemic that started in April 2021, it led to the implementation of a long distance and caused heavy economic losses Vietnam's business sector struggled with prolonged lockdowns in the country's economic hubs, such as Ho Chi Minh City, Hanoi and surrounding areas, which resulted in a GDP drop of more than 6% in the third quarter of this year 2021 As a result, our country's GDP in 2021 is estimated to grow by only 2.58%, 4.2 percentage points lower than the World Bank's forecast in December 2020 In the period of 2019-2021 debt tends to grow strongly Therefore, it can be understood that the COVID-19 wave has partly directly impacted the debt index of Vietnamese insurance companies, which includes Aviva Vietnam, Hanwha Vietnam, Generali Vietnam and Sun Life Vietnam 2.2.2.2 Total assets of Aviva Vietnam Table 2.3: Total assets of Aviva and other companies in 2017-2021 Unit: million VND Aviva Vietnam 2021 2020 9,514,468 7,444,891 2019 2018 2017 6,332,953 5,081,113 4,175,231 Hanwha Life Vietnam 13,539,484 11,006,368 9,125,034 7,681,167 3,621,306 Generali Vietnam 12,642,505 10,449,688 7,684,159 6,236,155 3,926,245 Sun Life Vietnam 19,339,437 17,202,602 7,865,053 4,473,343 4,027,857 (Source: Aviva’s Annual Report, Hanwa Life Vietnam’s Annual Report, Generali Vietnam’s Annual Report and Sun Life’s Annual Report in 2017-2021)