Vietnam: When shall the disposal of road infrastructure assets be applied?

09:30, 28/04/2019

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

Specifically, according to Decree No. 33/2019/NĐ-CP of Vietnam’s Government, the disposal of road infrastructure assets shall be applied if:

- The assets are damaged and cannot be repaired or the repair itself is ineffective;

- The old road infrastructure assets are deconstructed to construct new assets according to plans approved by the competent agencies or individuals;

- The competent authorities adjust the planning which renders a part or the whole of road infrastructure assets unusable in terms of asset utilities;

- Other cases according to regulations and law.

Also according to Decree No. 33/2019/NĐ-CP, the request for disposal of road infrastructure asset consists of:

- The written request for asset disposal of the asset management agency: 01 original;

- The list of assets requested to be disposed shall follow Form No. 06 specified in the Appendix issued together with this Decree (in which the disposal reason purpose must be specified): 01 original;

- Other relevant documents (if any): 01 copy each.

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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