Vietnam: To issue electronic certificate of compulsory civil liability insurance for motor vehicle users from March 1, 2021,

Nguyen Trinh

14:12, 14/02/2021

On January 15, 2021, the Government of Vietnam issued Decree 03/2021/ND-CP on compulsory civil liability insurance of motor vehicle users with many new points.

According to Vietnam's Decree 03/2021/ND-CP, in case of issuance of electronic certificates of insurance, insurance enterprises must comply with Law on Electronic Transactions and guiding documents; Electronic certificates of insurance must closely the following regulations:

Name, address and phone number (if anyof motor vehicle users.
License plate or chassis number, engine number.
Type of vehicle, payload, number of seats and use purpose in case of automobiles.
Name, address and hotline number of insurance enterprises.
Civil insurance liabilities for third party and passengers.
Responsibilities of motor vehicle users and operators in case of accidents.
Insurance duration, insurance premiums and payment deadline of insurance premiums.
Date of issue of certificates of insurance.
Number code and barcode registered, managed and used according to Ministry of Science and Technology to enable storage, transmission and extraction of ID information of insurance enterprises and basic contents of certificates of insurance.

The e-insurance certificate is a completely new content specified in Vietnam's Decree 03/2021/ND-CP that currently Vietnam's Decree 103/2008/ND-CP and Decree 214/2013/ND-CP have not yet mentioned,

More details can be found in Vietnam's Decree 03/2021/ND-CP, effective from March 1, 2021.

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