THE GOVERNMENT
 
THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
No. 111/2014/ND-CP
Hanoi, November 20, 2014
 
DECREE
Providing the useful life of inland waterway vessels and
the useful life of vessels permitted for import
                                                              
Pursuant to the December 25, 2001 Law on Organization of the Government;
Pursuant to the June 15, 2004 Law on Inland Waterway Navigation and the June 17, 2014 Law Amending and Supplementing a Number of Articles of the Law on Inland Waterway Navigation;
At the proposal of the Minister of Transport,
The Government promulgates the Decree providing for the useful life of inland waterway vessels and the useful life of vessels permitted for import,
 
Chapter I
GENERAL PROVISIONS
 
Article 1. Scope of regulation
1. This Decree provides the useful life of inland waterway vessels operating in Vietnam and the useful life of vessels permitted to be imported for use as inland waterway vessels operating in Vietnam.
2. This Decree does not regulate inland waterway vessels engaged in national defense or security purposes and fishing vessels and foreign inland waterway vessels in transit through the Vietnamese territory.
Article 2. Subjects of application
1. Regarding the useful life of inland waterway vessels: This Decree applies to organizations and individuals owning or managing and exploiting the use of inland waterway vessels operating in Vietnam, including the following types of vessels:
a/ Ships carrying dangerous goods, oil, liquefied gases in bulk;
b/ Overnight cruises, floating hotels, floating restaurants;
c/ Passenger ships other than overnight cruises, floating hotels, floating restaurants, high-speed vessels and hovercrafts;
d/ High-speed passenger vessels;
dd/ Hovercrafts.