In international trade, multimodal transport has been identified as an efficient way of transporting international cargo. In multimodal transport, one transport document, one tariff rate and a single through-liability are applied. In Vietnam, the law has not caught up with the development of multimodal transport's legislation in general.
In international trade, multimodal transport has been identified as an efficient way of transporting international cargo. In multimodal transport, one transport document, one tariff rate and a single through-liability are applied. In Vietnam, the law has not caught up with the development of multimodal transport's legislation in general.
In international trade, multimodal transport has been identified as an efficient way of transporting international cargo. In multimodal transport, one transport document, one tariff rate and a single through-liability are applied. In Vietnam, the law has not caught up with the development of multimodal transport's legislation in general.
Nowadays, multimodal transportation plays a key role in international logistics. Multimodal
transport is commonly known as referring to the combination of two or more modes of movement of goods, such as road, rail, or sea. The development of multimodal transportation has been followed by an increase in multimodal transportation research. In international trade, multimodal transport has been identified as an efficient way of transporting international cargo. In this system of transportation, one transport document, one tariff rate and a single through-liability are applied. The principal aim of multimodal transport is to make the movement of goods from seller to buyer more efficient, through faster transit times and reduced costs. During multimodal transportation, the responsibility and liability is concentrated in one entity known as the multimodal transport operator (MTO), who organizes all transport systems in the transport chain between countries. Many international organizations had previously issued rules and regulations concerning the multimodal transportation. In 1980, the United Nations Convention on International Multimodal Transport of Goods, so called as MT Convention, was adopted. However, it still lacks sufficient signatories to enter into force. Pending the entry into force of the MT Convention, in 1991 UNCTAD and ICC had collaborated and issued non legally binding Rules, referred to as UNCTAD/ICC Rules for Multimodal Transport Documents or UNCTAD/ICC Rules. In Vietnam, the law has not caught up with the development of multimodal transport. Therefore, improving and perfecting multimodal transports legislation in general is very necessary for business entities to protect their rights and benefits in international trading. For this reason, we have decided to write the research paper titled: Legitimate basis for multimodal transport.