Banks raise deposit interest rates
In need of raising medium and long term capital, which serves business activities at the end of the year and reduction in the ratio ...
Franchise explosion in Vietnam
Franchise has facilitated many foreign brands to break into Vietnam. In addition to franchise industry for food, beverage or education, franchising in goods retail industry...
6 leading economic sectors in Central region
There are 6 coastal and marine economic sectors mainly developed in the Central region, which creating positives results ...
91.9% companies are optimistic about production activities in the last 6 months this year
FDI companies sector is witnessed a positive production volume, 91.1% of which are expected to increase or remain their volume ...
CPTPP makes shift of Vietnam from deficit to surplus
Most signed free trade agreements (FTA) have reflected that Vietnam always run deficit trend ...
- 12 / 05 / 2018 -
New regulations on registration of means of railway transport

On April 27, 2018, the Ministry of Transport issued Circular No.21/2018/TT-BGTVT regulating the registration of means of railway transport and moving the means of railway transport in special cases. This Circular took effect since July 1, 2018.

Accordingly, Circular No.21/2018/TT-BGTVT have main contents as follows:

  1. Regulations on the order and procedures for granting, re-granting, withdrawing or deleting certificates of registration of the means of railway transport operating on national railway, special-use railway or urban railway and the movement the means of railway transport in special cases.
  2. The time limit for carrying out the above-said procedures shall not exceed 3 working days after the receipt of complete and accurate dossiers. The Vietnam Railway Administration shall have to grant the registration certificate; in case of refusal to grant certificates, the owners shall have to reply in writing, clearly stating the reasons therefor.
  3. Provisions on special circumstances for moving the means of railway transport:

– To move on the railway to inspect the technical features of the means before the pre-acceptance test, handing over and exploitation;

– Moving on railway from one gathering place to another gathering place for storing and preserving means; moving on the railway carrying out rescue when required.

With specific and detailed regulations, Circular No.21/2018/TT-BGTVT is expected to contribute to improving the management of means of railway transport, thereby facilitating the development of rail traffic.