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MESSAGE From The Chairman Of BOD

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Vietnam's economy is poised to encounter numerous hurdles and complexities as it is entering 2024. The increasing economic openness exposes it to a web of interconnected effects, amplifying the challenges it must confront. Bao Long is committed to conveying a message of resilience and readiness to embrace the future with enhanced values, encapsulated in the motto "Steadily progressing towards the future." Alongside ensuring operational efficiency, Bao Long has actively seized opportunities to revive the market, adapting flexibly and consistently innovating its products and services. Through the optimization of its organizational structure and the implementation of rigorous professional training programs, Bao Long has bolstered the caliber of its workforce and ignited a momentum for development. Moreover, the company remains steadfast in its commitment to implementing strategies aimed at enhancing the market, refining its products, and elevating the quality of client services.

MR.NGUYEN THANH LONG

Chairman Of The Board Of Directors

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2023 AT A GLANCE

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GROSS WRITTEN PREMIUM IN 2023

1,521 Billion VND
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OWNER'S EQUITY IN 2023

837 Billion VND
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TOTAL ASSETS IN 2023

2,329 Billion VND
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PROFIT BEFORE TAX IN 2023

111 Billion VND
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STRATEGIC OBJECTIVES for the period of 2023-2027

The goals for 2024 align with the development strategy of this period, focusing on three strategic priorities:

Technologization

Operational capacity

Culture and brand

In 2024, as we enter the second year of implementing the Business period strategy for 2023-2027, Bao Long remains steadfast in the face of the high-risk global economic landscape and the absence of domestic economic recovery signs. Our focus continues to be on core issues, prioritizing system stability and operational safety.

SUSTAINABLE DEVELOPMENT

CORPORATE GOVERNANCE IS THE FOUNDATION FOR THE SUSTAINABLE DEVELOPMENT OF ENTERPRISES


To enhance efficiency and improve business activities, the Company has adjusted business models and strategies based on the new 5-year financial plan, while strictly complying with the provisions of Vietnamese laws, it continues to strengthen the operating apparatus, ensuring transparency in management, administration, decentralization, authorization, and principles of inspection and control.

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