Vietnam: Expenses for maintenance of inland waterway transport infrastructure assets from the central budget

According to Article 5 of the Circular No. 113/2020/TT-BTC of the Ministry of Finance of Vietnam, expenses for performing the tasks of management and maintenance of inland waterway transport infrastructure assets managed by the Ministry of Transport, including:

- Documenting hazardous locations on inland waterways, obstacles and monitoring results;

- Expenses for surveying channels for management and notification of inland waterways; organize traffic, inspect and protect works of inland waterway transport infrastructure; manage, install and adjust inland waterway signals on shore and under water; monitoring hydrology, hydrology, counting vehicles;

- Expenses for regular maintenance of inland waterway transport infrastructure assets according to the contents and annual maintenance plan approved by the Ministry of Transport;

- Expenses for repair of inland waterway transport infrastructure assets, including periodic and unexpected repairs according to the contents and annual maintenance plan approved by the Ministry of Transport;

- Expenses for monitoring (except for monitoring of water levels and monitoring of vehicle traffic, which have been included in the regular maintenance costs of inland waterway transport infrastructure assets), quality control of works under inland waterway infrastructure in accordance with the law on maintenance of inland waterway works;

- Paying for the difference in costs (if any) to the enterprise in case the cost for maintenance of inland waterways is greater than the value of salvaged products for the combined maintenance and collection of products specified in Article 10 of the Decree No. 45/2018/NĐ-CP of the Government of Vietnam (dredging, maintaining inland waterways with salvaged products) according to decisions of competent authorities;

- Expenses for regulation and control to ensure regular traffic and prevent drift;

- Other non-recurring expenditures for management and maintenance of inland waterway transport infrastructure assets, such as prevention and control of inland waterway natural disasters; building economic - technical norms for management and maintenance of inland waterways; formulating and adjusting the process and norms of management, exploitation and maintenance for the works invested by the state budget that have been put into operation and use; apply technology for management, operation and maintenance of inland waterway infrastructure assets, in accordance with relevant laws.

Note: Operational expenses of the regional Inland Waterway Administration under the Vietnam Inland Waterway Administration in case the toll revenue source is left to be spent in accordance with the law on fees and charges not enough to cover the operating expenses of the Port Authority (if any). Expenditure contents shall comply with decisions of competent authorities and relevant laws. Other expenditures in accordance with the law on inland waterway traffic and other relevant laws (such as the work of international treaties, international agreements in the field of inland waterway navigation; propaganda and dissemination change, educate on the law on inland waterway traffic, etc.) shall be allocated from the recurrent expenditures for economic activities of inland waterway transport according to the decision of the competent authority.

More details at the Circular No. 113/2020/TT-BTC of the Ministry of Finance of Vietnam, effective from February 15, 2021.

Le Vy

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