Conditions for transport business by auto in Vietnam applicable from December 01, 2014

11:20, 14/09/2014

This is a notable content mentioned in Decree No. 86/2014/NĐ-CP of Vietnam’s Government providing for the business and conditions for transportation business by auto.

According to Decree No. 86/2014/NĐ-CP of Vietnam’s Government, the transport business units must have all of the conditions as follows:

dieu kien, kinh doanh van tai, xe o to, nghi dinh 86/2014/NĐ-CP

- Registration of transport business by auto as prescribed by law.

- Vehicles must ensure the number and quality to be consistent with business forms, namely:

+ There must be a sufficient number of vehicles upon transport business activities under the approved business plan; the vehicles must belong to the transport business units or legal use right under the contract of the transport business unit with the financial leasing institutions or organizations and individuals having functions of property leasing as prescribed by law.

Where the registered auto belongs to the cooperative member, there must be a service contract between members with the cooperative in which the cooperative has the rights, responsibility and obligations to manage, use and operate autos which belong to the cooperative members.

+ Auto must ensure technical safety and environmental protection;

+ Auto must be installed the route monitoring equipment under the provisions in Article 14 of this Decree.

View full text at Decree No. 86/2014/NĐ-CP of Vietnam’s Government, effective from December 01, 2014.

Thu Ba

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