📋 Tender Overview
According to quick statistics, in 2025 the entire Agribank Insurance system has received 525 loss cases, with a total estimated compensation of up to 287,312 billion VND. According to quick statistics, in 2025 the entire Agribank Insurance system has received 525 losses, with a total estimated compensation of up to 287,312 billion VND. The recent heavy rains and floods in the Central - Central Highlands region have caused heavy damage to the system of works, factories, hydropower, means of transport and assets of people and businesses. As soon as the floodwaters receded, Agribank Insurance immediately activated the emergency inspection mechanism, dispatching additional working groups to heavily affected areas such as Dak Lak, Gia Lai, Khanh Hoa and Lam Dong. In conditions where the roads are divided, many routes are still eroded and covered with thick mud, the force of inspectors does not hesitate to overcome floods, mud, and walk many kilometers to reach each loss scene. According to quick statistics, in 2025 the entire Agribank Insurance system received 525 loss cases, with a total estimated compensation of up to 287,312 billion VND. In particular, Agribanks intra-industry asset group includes 160 cases, with an estimated loss of 35,580 billion VND; Agribank customer group had 153 cases with a loss value of about 128,107 billion VND; The remaining 212 cases belong to other customers with a total estimate of 123,625 billion VND. This is one of the natural disasters with the greatest level of property damage in 2025. Amid the hills still covered with landslides, amidst the sticky mud under their feet, Agribank Insurances surveyors quietly worked. They were present at every factory, every warehouse that was deeply flooded, every hydroelectric project whose equipment was crippled, and even the small houses of people that had not yet had time to clear the mud. That is not only a professional duty, but also the responsibility of those on the front lines protecting community assets after natural disasters. Agribank Insurances appraiser actively worked at the scene. Mr. Tran Tri Cuong - Head of Technical Assets Department, Agribank Insurance - shared that the level of damage this time was very complex in many industries, requiring the appraiser to evaluate carefully in very difficult actual conditions. In many places we went, mud was still thick on the equipment, the machines could not be tested to operate, the electrical system had not yet been restored. There were days when we had to wade many kilometers in water or walk along muddy and slippery slopes. But people needed us, businesses needed us. We had to go to the site to record the exact extent of the damage so that the records could be resolved quickly, he said. Mr. Cuong also said that this years appraisal and compensation work is implemented according to three strategic priorities, To ensure maximum efficiency and support for affected areas: First, prioritize appraisal of assets within Agribanks industry. This is a top task, because quickly restoring branches and transaction offices helps the banking system operate smoothly, maintaining the financial lifeline for flooded areas. When the bank operates stably, cash flow is circulated promptly, supporting people and businesses to soon rebuild after natural disasters. Second, prioritize appraisal of business assets. Damaged factories, warehouses, machinery lines and transport vehicles are all handled according to an abbreviated process. Restoring production early helps businesses avoid interruption of orders and maintain local economic development. Third, quick inspection for individual customers. Each familys stable return to life is an important link in the post-flood recovery process. Therefore, appraisers were directed to quickly process records of civil assets, vehicles, houses... so that people can quickly overcome the difficult period. Notably, with close coordination from the Agribank system, many customers who borrowed money from Agribank received advance compensation as soon as they had a preliminary loss estimate. This brings immediate financial resources, helping businesses and people to re-purchase supplies, repair factories and vehicles, and re-produce in a timely manner. It is a very humane support, true to the spirit of Agribank Insurance - not letting customers wait in the most difficult times, Mr. Cuong emphasized. Natural disasters are increasingly fierce, but the Insurance system is still out of the game because according to statistics after three years of implementing the agricultural insurance support policy, the whole country has only more than 16,700 participating households, too small compared to more than 9 million agricultural production households. Most crops and livestock are still not protected by insurance, making it easy for farmers to fall into a spiral of poverty after natural disasters. When insurance does not play its role, the burden of overcoming consequences falls on the State budget, the banking system and the people themselves. Mr. Do Minh Hoang, Member of the Board of Directors of Agribank Insurance shared, if the insurance system is expanded and deployed effectively, most of this burden can be completely shared. Agricultural insurance helps protect crops, livestock and peoples income; Property insurance protects homes and warehouses; Personal insurance provides support in the event of an accident or injury due to natural disasters. Thanks to that, people have tProduction can be assured, quickly recovering after storms and floods, reducing pressure on the budget, banks and community organizations. This is a practical tool to help society respond more effectively to natural disasters, while improving sustainable adaptation for rural communities. However, to further expand insurance coverage, insurance companies must design products that are truly suitable for people. Along with that, the state also needs to have policies to support and encourage ins
