# Vietnam insurance and fund management sector growth > Live situation record from CLSTR: https://clstr.news/situations/vietnam-insurance-and-fund-management-sector-growth > Updated: 2026-08-28T09:01:00.000Z. Sources: 4. Developments: 2. Vietnam’s insurance and fund management sectors are experiencing significant growth and expansion. In the maritime insurance sector, Bao Viet Insurance has been ranked first among 26 enterprises by the Vietnamese Ministry of Finance, holding a 21.2% market share as of the first half of 2026. Broadly, the fund management industry has seen total assets under management reach approximately 846 trillion VND by June 2026, a nearly sevenfold increase since 2015. While this growth is substantial, experts note that Vietnam’s AUM-to-GDP ratio of roughly 6% remains significantly lower than regional peers such as Thailand, Malaysia, China, and South Korea. In the insurance industry, financial investment activities have become a primary profit driver. During the first half of 2026, 13 surveyed insurance companies reported a total financial profit of 7,930.4 billion VND, a 14.6% increase compared to the previous year. Bao Viet Group led these earnings with 6,196 billion VND in financial profit. ## Timeline ### 2026-08-28: Vietnam fund management and insurance sectors show strong growth Vietnam's fund management industry has seen AUM grow to 846 trillion VND, while insurance companies reported rising financial profits, led by Bao Viet Group's significant investment returns. 3 sources. https://clstr.news/cluster/vietnam-fund-management-and-insurance-sectors-show-strong-growth ### 2026-08-28: Bao Viet Insurance ranked top in Vietnam's maritime insurance sector Bao Viet Insurance has been ranked as the top maritime insurance provider in Vietnam by the Ministry of Finance, holding a 21.2% market share as of mid-2026. 2 sources. https://clstr.news/cluster/bao-viet-insurance-ranked-top-in-vietnams-maritime-insurance-sector --- Cite as: Vietnam insurance and fund management sector growth. CLSTR, https://clstr.news/situations/vietnam-insurance-and-fund-management-sector-growth