BAO Minh Ha NOI Insurance Company

BAO Minh Ha NOI Insurance Company, a for-profit Vietnamese insurance provider headquartered in Hanoi, delivers locally employed staff health insurance premium administration and related support services exclusively to the U.S. Department of State as a prime contractor under open competitive procurement, with no subcontractor involvement across its federal footprint.

The company holds a narrow but stable customer base. The Department of State's Bureau of East Asian and Pacific Affairs accounts for 30 of 31 awards (96% by count, $23.2 million of $23.4 million combined potential value), with the Bureau of Diplomatic Security placing a single award valued at $185 thousand. This customer concentration is absolute — the vendor has no federal work outside State Department health insurance operations for U.S. diplomatic missions in Vietnam and Lesotho. All awards carry full-and-open competitive designation with no set-aside usage.

BAO Minh Ha NOI Insurance Company's capability portfolio is specialized and singular: health insurance premium payment and administrative support for locally employed staff at U.S. diplomatic posts in Southeast Asia. Recent representative work includes a $322,756 delivery order for payroll periods 16 through 24 in 2026 (awarded July 30, 2026, ultimate completion December 11, 2026), a $103,882 order covering payroll periods 12 through 15 of fiscal 2026 (awarded June 18, 2026), and a $314,439 order spanning late 2025 through mid-2026 (awarded November 20, 2025). Individual delivery orders typically range from $105,000 to $600,000, utilizing fixed-price or fixed-price with economic price adjustment pricing. All work is performed in Vietnam.

The vendor operates under three active IDVs with State. The largest is a multiple-award indefinite-delivery contract (ceiling $6.35 million, awarded August 13, 2023, expiring August 13, 2028) that has generated 13 task orders carrying $3.1 million in combined potential value. Two predecessor single-award IDVs (one ending August 12, 2023, with a $720 thousand ceiling; another with a $4.76 million ceiling) generated 10 and 1 task orders respectively, accounting for $3.4 million and $352 thousand in potential value. The vendor has maintained continuous contractual relationship with the Department of State since registering in the System for Award Management in February 2015.

Activity has remained stable across the past five years — three to six awards annually from 2022 through 2026 — with only one award facing ultimate completion within the next twenty-four months (the July 30, 2026 delivery order, completing December 11, 2026, valued at $322,756). The vendor has obligated $6.9 million of its $23.4 million combined potential value across all awards, representing 30% utilization against the ceiling.