Time used to calculate depreciation of road infrastructure assets in Vietnam

Time used to calculate depreciation of road infrastructure assets in Vietnam
Châu Thanh

Minister of Finance issues Circular 35/2022/TT-BTC in June 16, 2022 regulates the regime of management and depreciation of road infrastructure assets which are fixed assets in Vietnam.

According to this Circular, the time used to calculate the depreciation of some types of road transport infrastructure assets in Vietnam is as follows:

- Roads and ancillary works attached to roads: 40 years;

- Road bridges and ancillary works associated with road bridges in Vietnam: 40 years;

- Road tunnels and auxiliary works attached to road tunnels: 40 years;

- Road ferry terminals and ancillary works attached to road ferry terminals; pontoon bridges and ancillary works in Vietnam: 20 years;

- Vehicle load testing station: 20 years;

- Road toll stations in Vietnam: 20 years;

- Bus station: 25 years;

- Parking lot in Vietnam: 25 years;

- Road management plant: 25 years;

- Rest stop in Vietnam: 25 years;

- Warehouse for storage of spare materials: 20 years;...

See more in Circular 35/2022/TT-BTC effective from 30/7/2022.



  • Address: 19 Nguyen Gia Thieu, Vo Thi Sau Ward, District 3, Ho Chi Minh City
    Phone: (028) 7302 2286
    E-mail: info@lawnet.vn
Parent company: THU VIEN PHAP LUAT Ltd.
Editorial Director: Mr. Bui Tuong Vu - Tel. 028 3935 2079
P.702A , Centre Point, 106 Nguyen Van Troi, Ward 8, Phu Nhuan District, HCM City;