Omassmann presentation vietnam insurance 2013
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This document discusses an upcoming panel on M&A and restructuring processes in Vietnam's insurance industry. The panel will provide an introduction and overview of Vietnam's economy and insurance industry. Topics to be discussed include the impact of Vietnam's economic crisis, current M&A activity, factors leading to M&A decisions, and the impact of consolidation on individual companies and the industry. The document outlines Vietnam's growing but restructuring insurance market and economy as an investment opportunity with potential for foreign insurers.
Omassmann presentation vietnam insurance 2013
- 1. www.duanemorris.com ©2010 Duane Morris LLP. All Rights Reserved. Duane Morris is a registered service mark of Duane Morris LLP. Duane Morris – Firm and Affiliate Offices | New York | London | Singapore | Los Angeles | Chicago | Houston | Hanoi | Philadelphia | San Diego | San Francisco | Baltimore | Boston | Washington, D.C. Las Vegas | Atlanta | Miami | Pittsburgh | Newark | Boca Raton | Wilmington | Cherry Hill | Princeton | Lake Tahoe | Ho Chi Minh City | Duane Morris LLP – A Delaware limited liability partnership M&A and Restructuring Process for Vietnam Insurance Industry 1
- 2. www.duanemorris.com AGENDA: 2 • Introduction to Panel Discussion • Snapshot of Vietnam Economy • Overview on Vietnam Insurance Industry • Topics to be discussed
- 3. www.duanemorris.com M&A AND RESTRUCTURING PROCESS FOR VIETNAM INSURANCE INDUSTRY: HOW MUCH VALUE DO THEY REALLY ADD? Introduction on Panel Discussion 3
- 4. www.duanemorris.com Snapshot of Vietnam Economy • Vietnam economy is still in recession • Slow process of SOEs’ equitization and restructuring of banking system • Low inefficiency of investment projects • Government policies are on right track in short term • FDI in 2013: Achieved 2013 goal, with an estimate of USD 19.234 billion as of October • In long term, still an investment hub for foreign firms • Especially, Vietnam economy will benefit investment capital after concluding FTA with the EU and TPP with the US 4
- 5. www.duanemorris.com Overview on Vietnam Insurance Industry • Has grown rapidly in recent years with an average growth rate of over 20 percent • Expected to increase both in the non-life and life sectors • Offering numerous investment opportunities for foreign insurance firms • Vietnam insurance market is an industry with full of potentials • However, this industry needed to be restructured for stronger growth 5
- 6. www.duanemorris.com Topics To Be Discussed: • Impact of Economic Crisis in Vietnam • Current State of M&A Activities in Vietnam • Typical Factors Leading to M&A Decisions • Impact on Consolidation on Individual Companies and Industry 6
- 7. www.duanemorris.com DUANE MORRIS VIETNAM LLC Thank you! Duane Morris Vietnam LLC Duane Morris Vietnam LLC Pacific Place, Unit V1307/08, 13th Floor, Suite 1503/04, Saigon Tower 83B Ly Thuong Kiet, Hoan Kiem District 29 Le Duan Street, District 1 Hanoi, Vietnam Ho Chi Minh City, Vietnam Tel.: +84 4 39462200 Tel.: +84 8 3824 0240 Fax: +84 4 3946 1311 Fax: +84 8 3824 0241 Contact email: [email protected] 7