Responsibilities of the Vietnam Insurance Association in Implementing Compulsory Civil Liability Insurance for Motor Vehicle Owners

What responsibilities does the Vietnam Insurance Association have in implementing the mandatory civil liability insurance for motor vehicle owners?

Based on Article 45 of Decree 03/2021/ND-CP, which stipulates the responsibilities of the Vietnam Insurance Association in the implementation of compulsory civil liability insurance for motor vehicle owners as follows:

- Before March 31 annually, propose to the Ministry of Finance the contribution rate to the Motor Vehicle Insurance Fund as stipulated in Clause 2, Article 26 of this Decree.

- Organize propaganda on the implementation of compulsory civil liability insurance for motor vehicle owners.

Sincerely!

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