Pursuant to the Government’s Resolution 71/NQ-CP 2020 issued on May 14, 2020 on the approval of the proposal to develop a Decree regulating the National Insurance Database, dated March 31, 2021 The Government has officially issued Decree 43/2021/ND-CP regulating the National Insurance Database (“Decree 43”). The following are notable points in Decree 43:
- Decree 43 creates a legal framework for the National Insurance Database (“Database”):
Since June 1, 2021, the National Insurance Database has officially been deployed in Vietnam. Here are the two main contents of the Insurance Database specified in Decree 43:
- Firstly: The Database is the national database that stores information on social insurance, health insurance, unemployment insurance and information on health and social security that is recognized by competent authorities and ensures the rights and obligations of citizen insurance.
- Secondly: The Database is the Government’s database built uniformly across the country, shared by agencies, organizations and individuals; in order to provide accurate and timely insurance information; according to it serves the state management, meets the requirements of socio-economic development and the legitimate requirements of agencies, organizations and individuals.
2. Expectations for Decree No. 43:
- Firstly: Decree No. 43 can create a legal basis for the construction, collection, update, maintenance, exploitation, use and management of the Database;
- Secondly: The Database will be a practical tool for state management, organizing the implementation of social insurance, health insurance and unemployment insurance policies, and at the same time meeting the needs of agencies, organizations and individuals.
- Thirdly: The Database contributes to promoting administrative procedure reform; Strong application of information technology, providing online public services in the field of social insurance, is one of the important foundations in building an e-Government, towards a government that creates, serves, and benefits the people and businesses.
Decree 43 takes effect from June 1, 2021.
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