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June 16, 2022 | 17:12

Insurers not permitted to invest in real estate

Quang Trung

The revised Law on Insurance Business, passed by the National Assembly (NA) on June 16 and effective from January 1, 2023, stipulates that insurance companies are not permitted to invest in real estate business, except by buying shares in real estate enterprises listed on the stock market.

Insurers not permitted to invest in real estate
National Assembly. Photo from quochoi.vn

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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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