This Decree has been issued for the purpose of efficient management of projects relative to sea-going vessels, purchase and sale of vessels, the modernisation of the sea-going vessel fleet of Vietnam, to meet requirements regarding technical safety and protection of the sea environment, and further to improve the procedures for ratification, decision-making and licensing of sea-going vessels purchase and sale projects. General policy principles are outlined in article 4. Sea going vessels are cl
Decree No. 99/1998/ND-CP on management of sea-going vessel purchase and sale.