Ministry to allow imports of used ships for scrap steel

Oct 6th at 14:54
06-10-2014 14:54:52+07:00

Ministry to allow imports of used ships for scrap steel

Starting next year, enterprises and individuals can import used ships for dismantlement for scrap steel if they meet environment requirements set by the Ministry of Natural Resources and Environment, according to a draft decree on guidelines for the environment protection law.

 

The draft decree was put forth to collect opinions from enterprises at a conference co-held by the ministry and the Vietnam Chamber of Commerce and Industry last week so that the ministry could complete the draft and submit it to the Government for approval.

Duong Thanh An, head of the department of legislation under the Vietnam Environment Administration, said it is the first time Vietnam has regulations on importing and demolishing secondhand ships.

Although many scientists object to the move, enterprises see the draft as beneficial as it will help remove difficulties for those currently using secondhand foreign-flagged vessels. The new rule, if endorsed, will allow enterprises to demolish such ships for scrap steel instead of sending such deteriorating vessels abroad.

Therefore, the ministry has decided to put the issue of importing used ships in the environmental protection law, An said.

According to the draft decree, imports of used ships for demolishing is treated like imports of scrap and therefore, must follow environmental regulations applied on scrap imports.

Enterprises and individuals owning facilities to demolish imported used ships must fulfill environmental protection requirements to get permission to import such ships.

In particular, enterprises are asked to report the state of used ships to be imported as well as substances on the ship, ensuring that the ship meets environmental standards. Such enterprises must also obtain environmental protection certificates for their demolishing facilities.

vietnamnet



NEWS SAME CATEGORY

Vietnam’s “different” ways of calculating GDP

Prime Minister Nguyen Tan Dung said at a recent conference held by the Ministry of Planning and Investment that the calculation of GDP in Vietnam was unrealistic...

Standard Charter deal sign of expanding foreign portfolio

There are clear signs of foreign portfolio investments returning to Vietnam, especially with the $35 million investment in a restaurant chain by Standard Chartered.

HCMC greets new Samsung complex

Samsung Electronics’ investment story in Vietnam has begun a new chapter when the company last week received an investment certificate for the firm’s new $1.4...

Canon PhotoMarathon 2014 in Ho Chi Minh City set record for largest number of participants in Asia

Canon PhotoMarathon 2014 in Ho Chi Minh City late last week was one of the most successful in the competition’s nine-year history, and with nearly 5,000...

Vinalines restructuring gets a further boost

Strong measures are being proposed to put struggling Vinalines, once a leading player in the shipping business, back afloat.

Local retailers face tough competition

Local retailers do not require preferential treatment, only a level playing field, they told a seminar on retail market development organised by the Viet Nam...

Da Nang holds workshop on competitiveness

A workshop was held in this central city last Saturday to discuss ways for localities to increase competitiveness even as Viet Nam undergoes economic restruction...

Vietnam’s $125bn retail market dominated by foreign firms: official

International retailers have outplayed Vietnamese businesses in the latter’s retail market, which is worth US$125 billion a year, an official from the Domestic...

Vietnam man gets rich on beekeeping

A young man in Tuyen Quang Province in northern Vietnam has carved out a successful business and provided jobs for locals out of beekeeping.

Standard Chartered picks up stake in leading agro firm

Standard Chartered Private Equity’s investment into An Giang Plant Protection Company is expected to facilitate robust growth of the firm.


MOST READ


Back To Top