The Actual Situation of the Insurance Business for Import and Export Goods Transported by the Sea at Insurance Enterprises in Vietnams
Journal Title: International Journal of Multidisciplinary Research and Analysis - Year 2023, Vol 6, Issue 07
Abstract
To assess the current situation of the insurance business of import and export goods transported by sea at insurance enterprises in Vietnam. The author has used two research methods, namely the methodology and the meta-analysis method, to solve the research problems. Accordingly, the article has presented the theoretical basis for the insurance business of import and export goods transported by sea, the role, risks, losses, and insurance conditions of this service. Based on business data of insurance business for import and export goods transported by sea, the author has evaluated and analyzed this business. Assessing business results, and existing points in this business in Vietnam. The insurance business of import and export goods by sea in Vietnam is not yet internationally competitive and lacks long-term customer relationships. The international level is the difficulties that are hindering the development of Vietnam's insurance enterprises. The research results are also the basis for insurers to recognize weaknesses in the marine insurance business and have a way to overcome them in the future.
Authors and Affiliations
Nguyen Zen Nguyen
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