NA deputies debate draft Law on Insurance Business

The draft Law on Insurance Business (amended) is the focus of the National Assembly session on October 29 morning, as part of the ongoing second session of the 15th legislature.

The bill is set to consolidate legal regulations on insurance business and handle contentious, overlapping contents in the current law, thus ensuring the synchronicity of the legal system.

With eight chapters and 156 articles, the revised law is expected to contribute to reforming administrative procedures in insurance business as well as the management, supervision and inspection in this field.

The Minister of Finance will clarify a number of issues regarding the draft law to be raised by the deputies.

In the afternoon, the lawmakers will look into the draft plan on economic restructuring for 2021-2025, the draft national land use planning scheme for 2021-2030 with a vision towards 2050, and the 2021-2025 land use plan.

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