The People’s Committee of Ho Chi Minh City believes that it could potentially generate over 1.5 trillion VND per year for the city’s budget by collecting fees for temporary use of road and sidewalk space.
On August 15th, People’s Committee of Ho Chi Minh City submitted a proposal to the Standing Committee of the Ho Chi Minh City People’s Council requesting the development of a resolution to establish fees for the temporary usage of road lanes and sidewalks within the city’s jurisdiction. The proposed proposal’s content is expected to be presented to the Standing Committee of the Ho Chi Minh City People’s Council during its upcoming session.
If approved, Ho Chi Minh City could collect more than 1,500 billion VND per year for its budget. The responsibility for fee collection would be assigned to the Department of Transportation and the People’s Committee of Thu Duc and the districts, as per the decision on the transfer of road infrastructure assets.
Ho Chi Minh City stipulates 5 specific areas to apply tolls for temporary use of roadbeds and sidewalks. Photo: Ngo Tung
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Source: Vietnam Insider