THE MINISTRY OF TRANSPORTATION AND COMMUNICATIONS
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No: 10/2001/TT-BGTVT
Hanoi, June 11, 2001
CIRCULAR
GUIDING THE USE OF COPIES OF THE CERTIFICATES OF REGISTRATION OF SEA-GOING SHIPS AND COPIES OF THE CERTIFICATES OF REGISTRATION OF INLAND WATERWAY TRANSPORT MEANS FOR CIRCULATION OF SUCH MEANS WHEN THEY ARE PLEDGED OR MORTGAGED FOR CAPITAL BORROWING AT CREDIT INSTITUTIONS
Pursuant to the provisions in Article 39 of the Government’s Decree No. 178/1999/ND-CP of December 29, 1999 on credit institutions’ loan security and the Prime Minister’s Official Dispatch No. 839/CP-KTTH of September 11, 2000, the Ministry of Communications and Transport hereby guides the use of copies of the certificates of registration of sea-going ships and copies of the certificates of registration of inland waterway transport means for circulation of such means when they are pledged or mortgaged for capital borrowing at credit institutions as follows:
I. INTERPRETATION OF TERMS
In this Circular, the following terms shall be construed as follows:
1. "Means" are sea-going ships or inland waterway transport means;
2. "Pledged or mortgaged means" are sea-going ships or inland waterway transport means which are pledged or mortgaged by their owners for capital borrowing at credit institutions;
3. "Means registration certificates" are the certificates of registration of sea-going ships or the certificates of registration of inland waterway transport means;
4. Means-registering agency:
- For sea-going ships: It shall be the regional sea-going ship and crew member registries;
- For inland waterway transport means: It shall be the provincial/municipal Communications and Transport Services or Communications and Public Works Services;
5. Secured transaction-registering agency:
- For sea-going ships: It shall be the regional sea-going ship and crew member registries;
- For inland waterway transport means: It shall be the National Department for Secured Transaction Registration and its branches;
6. "International routes" mean maritime routes or inland waterway routes from Vietnamese ports to foreign ports and vice versa;
7. "Domestic routes" mean maritime routes or inland waterway routes between Vietnamese ports or wharves;
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