Decision No. 503-TC/BH on allowing the implementation of motor vehicle physical damage insurance

The Decision allows the Vietnam Insurance Corporation to implement voluntary motor vehicle physical damage insurance from January 1, 1992, based on the proposal of the General Director and following a two-year pilot program.

Số hiệu503-TC/BH
Loại văn bảnDecision
Cơ quan ban hànhMinistry of Finance
Người kýPhạm Văn Trọng — Bộ trưởng
Cập nhật02/07/2026
NgànhFinance
Lĩnh vựcFinancial Services and Funds Management
Ngày ban hành20/11/1991
Ngày áp dụng01/01/1992
Ngày hết hiệu lực
Tình trạngExpired
✦ Tóm lược thông minh

The Decision allows the Vietnam Insurance Corporation to implement voluntary motor vehicle physical damage insurance from January 1, 1992, based on the proposal of the General Director and following a two-year pilot program.

Đối tượng áp dụng

Vietnam Insurance Corporation

Các điểm cốt lõi

  • Vietnam Insurance Corporation → is allowed to implement voluntary motor vehicle physical damage insurance from January 1, 1992.

🌐 Tác động xã hội từ văn bản này

  • Positive impact: Helps citizens and businesses have additional insurance options, enhancing safety for motor vehicle assets.
  • Negative impact: There is no significant impact on citizens/businesses/society.

❓ Câu hỏi thường gặp

When was motor vehicle physical damage insurance implemented?

Motor vehicle physical damage insurance was implemented from January 1, 1992, according to this Decision.

How can the Vietnam Insurance Corporation implement insurance?

The Vietnam Insurance Corporation is allowed to implement voluntary motor vehicle physical damage insurance.

What is this Decision based on?

This Decision is based on the proposal of the General Director of the Vietnam Insurance Corporation and following a two-year pilot program for motor vehicle physical damage insurance.

What responsibilities do related units have?

The General Director of the Vietnam Insurance Corporation, the Head of the Ministry of Finance's Office, the Directors of Provincial and Municipal Finance Departments, and the heads of related units are responsible for implementing this Decision.

When does this Decision take effect?

This Decision takes effect from January 1, 1992.

Toàn văn

Pursuant to …;

Regarding the permission to implement motor vehicle physical damage insurance

THE MINISTER OF FINANCE

WHEREAS, Decree No. 155/HĐBT dated October 15, 1988 of the Council of Ministers stipulates the functions, tasks, and organizational structure of the Ministry of Finance;

Pursuant to Decision No. 45/QĐTC dated March 2, 1989, issued by the Minister of Finance on the charter and operation of the Vietnam General Insurance Corporation;

After two years of piloting motor vehicle physical damage insurance;

At the proposal of the General Director of the Vietnam Insurance Corporation,

 

DECISION:

Article 1. The Vietnam General Insurance Corporation is permitted to implement motor vehicle physical damage insurance on a voluntary basis.

Article 2. This Decision takes effect from January 1, 1992.

Article 3. The General Directors of the Vietnam General Insurance Corporation, the Director of the Ministry of Finance's Office, the Directors of the Provincial and Municipal Finance Departments under the Central Government, and the heads of related units are responsible for implementing this Decision./.

 

Văn bản này đang được cập nhật văn bản gốc, vui lòng xem nội dung toàn văn và kiểm tra lại sau.

Tải văn bản

Văn bản này đang được cập nhật văn bản gốc, vui lòng xem nội dung toàn văn và kiểm tra lại sau.

Bản đồ quan hệ

503-TC/BH
Decision No. 503-TC/BH on allowing the implementation of motor vehicle physical damage insurance
Expired

Bấm vào một văn bản để mở. Viền đỏ = quan hệ làm thay đổi hiệu lực.