Supplementing methods of dealing with road infrastructure assets in Vietnam

This is one of the notable contents specified in Decree No. 33/2019/NĐ-CP of Vietnam’s Government on management, use and operation of road infrastructure assets, issued on April 23, 2019.

In addition to asset reassignment and asset disposal according to current regulations of Decree No. 10/2013/NĐ-CP, Decree No. 33/2019/NĐ-CP of Vietnam’s Government supplements 05 methods of dealing with road infrastructure assets.

Thus, according to June 17, 2019, methods of dealing with road infrastructure assets include:

- 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 lost or damaged.

- Other measures according to regulations and law.

View detailed contents at Decree No. 33/2019/NĐ-CP of Vietnam’s Government effective from June 17, 2019, replacing Decree No. 10/2013/NĐ-CP.

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