Initial Market Assessment

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dc.creatorWorld Bank
dc.date2015-08-17T15:46:13Z
dc.date2015-08-17T15:46:13Z
dc.date2013-09-22
dc.date.accessioned2026-07-01T00:47:51Z
dc.descriptionResponding appropriately to the country’s high exposure and vulnerability to natural disasters, and capitalizing on a well-functioning insurance industry, Vietnam has embraced insurance mechanisms in disaster risk management and agriculture more vigorously than most developing countries. But some initiatives like the disaster risk reduction (DRR) strategy’s mandate to implement disaster risk insurance are yet to be conceived, while others such as the agriculture insurance scheme have been launched but experienced unsustainable outcomes and need strengthening. Technical assistance to guide this process can have substantial impact, and could include the consolidation of available risk modeling and hazard maps and closing major gaps these may have. Appropriate insurance of public assets will further strengthen the property insurance sector and justify investment in risk models and underwriting expertise that will subsequently be available for businesses and households. A public private partnership pursuing flood insurance for the urban poor in collaboration with existing community-based Disaster Risk Management programs could capitalize on the nascent micro-insurance market and further strengthen inclusive insurance. Vietnam has strong appetite for agriculture and catastrophe property insurance, and the governance structure as well as insurance industry to secure the desired impact of investments. Better incorporating agriculture and catastrophe property insurance principles in social safety net programs could increase the protection of larger populations.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2015/07/24788554/initial-market-assessment-country-note-vietnam
dc.identifierhttps://hdl.handle.net/10986/22425
dc.identifierhttps://doi.org/10.1596/22425
dc.identifier.urihttp://hdl.handle.net/123456789/411144
dc.languageEnglish
dc.languageen_US
dc.relationPolitical Champions Group country note;
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectFLOODING
dc.subjectDISASTER ASSISTANCE
dc.subjectCATASTROPHIC EVENTS
dc.subjectCONTINGENT LIABILITIES
dc.subjectRISKS
dc.subjectCATASTROPHIC LOSSES
dc.subjectRESCUE
dc.subjectLIABILITY
dc.subjectEQUIPMENT
dc.subjectACCOUNTING
dc.subjectSTORM
dc.subjectDISASTER RECOVERY
dc.subjectEARLY WARNING
dc.subjectGROUPS OF BORROWERS
dc.subjectUNITED STATES AGENCY FOR INTERNATIONAL DEVELOPMENT
dc.subjectRISK REDUCTION
dc.subjectFINANCIAL MANAGEMENT
dc.subjectINTEREST
dc.subjectLIFE INSURANCE
dc.subjectSTORMS
dc.subjectLOCAL GOVERNMENTS
dc.subjectINSURER
dc.subjectLIQUIDITY
dc.subjectDOMESTIC MARKET
dc.subjectDEVELOPING COUNTRIES
dc.subjectREPAYMENTS
dc.subjectINSURANCE POLICIES
dc.subjectBONDS
dc.subjectRECOVERY OPERATIONS
dc.subjectLOAN
dc.subjectCAPACITY BUILDING
dc.subjectDISASTER
dc.subjectBORROWERS
dc.subjectPRIVATE INSURANCE
dc.subjectDAMAGES
dc.subjectPUBLIC ASSETS
dc.subjectEMERGENCY RELIEF
dc.subjectMARKET INFRASTRUCTURE
dc.subjectDISASTER PREVENTION
dc.subjectTREATIES
dc.subjectRESERVE
dc.subjectLIFE INSURANCE POLICIES
dc.subjectEARTHQUAKES
dc.subjectINSTRUMENTS
dc.subjectINSURANCE MARKET
dc.subjectDISPUTE RESOLUTION
dc.subjectTSUNAMIS
dc.subjectDISASTER EMERGENCY
dc.subjectBUDGET
dc.subjectACCIDENT
dc.subjectDISASTER RELIEF
dc.subjectREINSURERS
dc.subjectRELIEF
dc.subjectLEGISLATIVE FRAMEWORK
dc.subjectNATURAL DISASTER
dc.subjectDISASTER RESPONSE
dc.subjectINSURANCE MARKETS
dc.subjectWIND STORM
dc.subjectFLOODS
dc.subjectOPTIONS
dc.subjectNATURAL HAZARD
dc.subjectNATURAL DISASTERS
dc.subjectMARKETS
dc.subjectDOCUMENTS
dc.subjectLOCAL GOVERNMENT
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectLOAN REPAYMENTS
dc.subjectTYPHOON
dc.subjectDISASTERS
dc.subjectINSURERS
dc.subjectEMERGENCY RESPONSE
dc.subjectFIRE
dc.subjectLOANS
dc.subjectFARMERS
dc.subjectLANDSLIDES
dc.subjectFAMINE
dc.subjectFINANCE
dc.subjectPUBLIC INVESTMENT
dc.subjectCONTINGENT LIABILITY
dc.subjectEXPENDITURE
dc.subjectFLOOD INSURANCE
dc.subjectTECHNOLOGY
dc.subjectREINSURANCE
dc.subjectEQUITY
dc.subjectTRANSACTION
dc.subjectDAMAGE ASSESSMENT
dc.subjectDISASTER RECONSTRUCTION
dc.subjectEMERGENCY
dc.subjectDISASTER REDUCTION
dc.subjectRELIEF ACTIVITIES
dc.subjectDISASTER RISK
dc.subjectCLIMATE CHANGE
dc.subjectDROUGHT
dc.subjectFIRES
dc.subjectTENTS
dc.subjectFUTURE
dc.subjectBANK
dc.subjectLOCAL MARKET
dc.subjectDISASTER PRONE COUNTRIES
dc.subjectBUDGETS
dc.subjectRESERVE FUNDS
dc.subjectAGRICULTURAL INSURANCE
dc.subjectMICROINSURANCE
dc.subjectEXCHANGES
dc.subjectSAFETY NET
dc.subjectCATASTROPHE BONDS
dc.subjectDAMAGE
dc.subjectEXPENDITURES
dc.subjectPROPERTY
dc.subjectNATURAL CATASTROPHE
dc.subjectINSURANCE INDUSTRY
dc.subjectTROPICAL STORMS
dc.subjectDISASTER INSURANCE
dc.subjectDISASTER PREPAREDNESS
dc.subjectINSTITUTIONAL CAPACITY
dc.subjectDISASTER MANAGEMENT
dc.subjectMARKET
dc.subjectFLOOD
dc.subjectCREDIT GUARANTEE
dc.subjectHOLDINGS
dc.subjectINSURANCE
dc.subjectECONOMIC DEVELOPMENT
dc.subjectMARKET SHARE
dc.subjectSECURITY
dc.subjectINTERNATIONAL MARKET
dc.subjectINVESTMENT
dc.subjectRISK
dc.subjectSHARE
dc.subjectACCIDENTS
dc.subjectTREATY
dc.subjectDISASTER RISKS
dc.subjectPHYSICAL DAMAGE
dc.subjectDISASTER RISK REDUCTION
dc.subjectINSTITUTIONAL DEVELOPMENT
dc.subjectFOREST FIRES
dc.subjectREVENUE
dc.subjectINVESTMENTS
dc.subjectRISK MANAGEMENT
dc.subjectINSURANCE COMPANIES
dc.subjectGOVERNMENT INVESTMENT
dc.subjectMEDICINES
dc.subjectCAPITAL INVESTMENT
dc.subjectLIABILITIES
dc.subjectSAFETY
dc.subjectINSURANCE PENETRATION
dc.subjectNATURAL HAZARDS
dc.subjectTYPHOONS
dc.subjectDAMAGE ASSESSMENTS
dc.subjectGUARANTEE
dc.subjectDEVELOPMENT BANK
dc.subjectRECONSTRUCTION
dc.subjectBLANKETS
dc.subjectRISK ANALYSIS
dc.titleInitial Market Assessment
dc.titleCountry Note--Vietnam
dc.typeReport
dc.typeRapport
dc.typeInforme

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