New Decree No. 73/2016/ND-CP Guiding the Law on Insurance BusinessOn 1 July 2016, the Government passed Decree No. 73/2016/ND-CP to detail the implementation of the Law on Insurance Business. The new decree sets forth new conditions that apply to investors who wish to set up an insurance business in Vietnam. The Ministry of Finance is currently in the process of drafting circulars to implement this decree.
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intended to provide a general guide to the subject matter and should not be treated as a substitute for specific professional advice.