Tucker made the remarks while meeting with Vice Chairwoman of the National Assembly Nguyen Thi Kim Ngan in Hanoi on February 5.
The Vietnamese legislator said she welcomed the AIA’s activities to support underprivileged, disabled children, orphans, and flood victims, as well as its business operations meeting financial security and accumulation purposes of organisations and individuals.
She underlined Vietnam’s policy of opening the insurance market in line with international commitments whilst encouraging various operational forms of insurance businesses both at home and abroad.
In the coming time, the State-run insurance agency will improve policies and procedures in the field to help businesses endure difficulties and secure sustainable market development.
She suggested the AIA continue to strengthen legal business activities and help Vietnam improve the legal framework for the insurance business environment via exchanging information on business practices and international standards.
