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Regulations on multimodal transport in Vietnam
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  • Regulations on multimodal transport in Vietnam
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    Regulations on multimodal transport in Vietnam
    In Vietnam, the multimodal transport business is a conditional industry. Whereby,

    1. Vietnamese enterprises and cooperatives may only conduct international multimodal transport business when the following conditions are fully satisfied:

    a) Having a business registration certificate, including the registration of international multimodal transport business.

    b) Maintain assets of at least 80,000 SDR or equivalent guarantee;

    c) Having professional liability insurance for multimodal transport or equivalent guarantee;

    d) Having an international multimodal transport business license.

    2. Foreign enterprises investing in Vietnam may only conduct international multimodal transport business when fully meeting the following conditions:

    a) Being an enterprise with an investment certificate containing the registration of international multimodal transport business;

    b) Have assets of at least 80,000 SDR or equivalent guarantee;

    c) Having professional liability insurance for multimodal transport or equivalent guarantee;

    d) Having an international multimodal transport business license.

    3. Enterprises of countries that are members of the ASEAN Framework Agreement on Multimodal Transport or enterprises of countries that have signed an international treaty with Vietnam on multimodal transport may only do multimodal transport business. international mode when the following conditions are fully satisfied:

    a) Licensed or registered for international multimodal transport business at a competent authority.