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Vietnam Motor Insurance Market

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The Vietnam motor insurance market was valued at USD 3,646.6 million in 2024 and is projected to reach USD 5,140.1 million by 2033, growing at a CAGR of 3.89% from 2025 to 2033. Market growth is driven by rising road accidents, increased commercial vehicle usage for inter-city travel, expanding internet access, growing smartphone usage, and the adoption of usage-based insurance (UBI). https://www.imarcgroup.com/vietnam-motor-insurance-market

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