Circular No. 329/2016 / TT-BTC

On 26/12/2016, the Ministry of Finance issued Circular 329/2016 / TT-BTC guiding the implementation of some articles of Decree No. 119/2015 / ND-CP dated 13/11/2015 by the Government. Compulsory insurance in construction investment.

Applicable subjects:
1. Construction investors, contractors in construction investment activities (in cases where the project insurance premiums have already been included in the contractual prices).
2. Consultant Contractor.
3. Construction contractor.
4. Non-life insurance enterprises, branches of foreign non-life insurance enterprises (hereinafter referred to as "insurance enterprises"), reinsurers.
5. Agencies, organizations and individuals involved in compulsory insurance in construction investment activities.