Motorcycle insurance premium

Ministry of Finance talks about proposal to remove motorbike insurance error

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The Ministry of Finance has just responded to voters' petition to review the penalty regulations for not purchasing motorbike insurance.

Will motorbike insurance premiums increase from 1.1.2025?

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From 2025, the penalty for not having official motorbike insurance will increase to 300 thousand VND. So, will motorbike insurance premiums increase or not?