Decree No. 144/2018/ND-CP dated October 16th, 2018 on amendments, supplements to Decrees on multimodal transport
This Decree is to amend, supplement Decree No. 87/2009/ND-CP (which has been amended, supplemented at Decree No. 89/2011/ND-CP ) relating to conditions on multimodal transport business. read more
One of the noticeable amendments of this Decree is to allow enterprises to use “alternative financial plan” in order to prove that they have minimum financial source (equivalent to SDR 80,000) when they apply for an international multimodal transport business license (Clause 2 Article 1).
The international multimodal transport business license shall be issued by the Ministry of Transport.
In addition, duration for grant of the international multimodal transport business license is reduced from 7 working days to 5 working days or 3 working days (for the case of re-grant) (Clause 3 Article 1).
This Decree takes effect from the date of promulgation. To abolish Chapter 3 of Decree No. 87/2009/ND-CP dated October 19th, 2009 and Decree No. 89/2011/ND-CP dated October 10th, 2011.
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