07 methods of dealing with road infrastructure assets in Vietnam

10:41, 28/04/2019

This is a notable content specified in Decree No. 33/2019/NĐ-CP of Vietnam’s Government on management, use and operation of road infrastructure assets.

According to Decree No. 33/2019/NĐ-CP of Vietnam’s Government, 07 methods of dealing with road infrastructure assets are as follows:

- Asset recall.

- Asset reassignment.

- Asset sale.

- Using road infrastructure assets to pay the investors in the implementation of construction in the manner of build-operate-transfer contracts.

- Asset disposal.

- Handling in the event of loss or damage.

- Other measures according to regulations and law.

Also according to Decree No. 33/2019/NĐ-CP, methods of road infrastructure asset declaration are as follows:

- First declaration shall be made with respect to the road infrastructure assets existing on June 17, 2019;

- Supplementary declaration shall be made with respect to the road infrastructure constructed or changed regarding asset information, asset management or use agencies or units after June 17, 2019.

View more details at Decree No. 33/2019/NĐ-CP of Vietnam’s Government, effective from June 17, 2019.

- Thanh Lam -

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