Product liability insurance is not paid enough attention

Playing role in sharing risk with manufacturers and supporting consumer, product liability insurance is considered an indispensable element of many developed countries. However, this type of insurance is not paid enough attention in Vietnam.

Product liability insurance is not paid enough attention

Product liability is not a concern

According to Phung Dac Loc, Secretary General of the Vietnam Insurance Association, responsible for the product for the producers, business people in Vietnam have not been mentioned much, though the Civil Code had prescribed.

For example, in cases of food poisoning in Nha Trang, making 60 traveler must go to the emergency and their trip was canceled. Worthy, the responsibility of the restaurant's products must fully compensate travel, the cost of treatment and personal income for people poisoned during hospitalization. However, product liability of restaurants in Vietnam are not mentioned. Or 2006, in Da Nang, a small child playing carousel crashed to the ground dead, then a new public opinion was shocked to question the responsibility for organizing various entertainment.

Not only domestic merchandise that even Vietnam's exports could not avoid this situation. Pangasius, frozen shrimp antibiotic residues too big when exported to Japan was forced destruction. Or as bottled mineral water for export to Australia was returned because the order detecting domestic hair ... So apart from compensation for breach of contract, Vietnam must now bear the full cost of wharves, warehouses during shipment is awaiting customs procedures in the host country and the shipping costs.

Product liability in the countries of the world has long been interested and very tight handling. There have been many manufacturers, the business must compensate for high levels because of forgotten or guidelines recommended for use on product packaging. 555 tobacco Department must compensate hundreds of billions worth because not recommend lung cancer harm to users is one lesson to heart not only for the tobacco company in particular but also the experience blood for manufacturers, business and other products.

These ideas will be the lesson, is the warning bell on product liability for the production and trading. However, product liability insurance has not received the attention worthy destination. Most businesses do not buy insurance Vietnam product liability if it is not in the contract commitments. This type of insurance is purchased in case Vietnam now working with foreign partners. Currently, the Vietnam insurance companies and insurance companies invested abroad still receive product liability insurance. Some domestic insurers have links with foreign insurers other to perform litigation ...

Need to increase the level of sanction

Currently, consumers have interest but sanitary condition but no products struggle a meaningful way. Therefore, manufacturers increasingly disregarded the safety factor products, this situation lasts long and increasingly serious consequences.

Besides, Vietnam enterprises also not interested in the international practice. For example, a chair by Vietnam produce stand just sitting largest gravity is 80 kg, however, so not recommended, so as to export to foreign markets, the 100 kg sitting on a broken chair made and people with spinal cord injuries. Certainly, in this case, now Vietnam will have to bear all the compensation without liability insurance products.

Although the Civil Code stipulates liability products, but the sanction was too light, only administrative sanctions warning identifiable with several million should not be effective.

Meanwhile, at present, in Vietnam, the authorities protect the interests of consumers are not much. Volume was meager, hardly operational status salty, so, product liability is far from desirable. To remedy this situation, the government and state authorities on product safety and product quality to be really involved. Governments should have the decree guiding the Civil Code. The authorities need to manage more closely, bar regular inspections, continuous production facilities of goods, especially food safety