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Engine vehicles subjected to road use fees

VGP - Motorbikes, cars and trucks and other engine vehicles will have to pay a road-use fee from June 1, according to Government’s Decree 18/2012/ND-CP.

March 15, 2012 4:42 PM GMT+7

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The fee will be collected for road maintenance. Accordingly, the central funds and local funds collected from cars account for 65% and 35% respectively. Meanwhile, motorbike fees will go to the local funds of each locality.

The central fund will be used to maintain the national road system while local funds would maintain local traffic streets and road systems.

All current State fee collection stations would cease to operate in due course, except those under a Build, Operate and Transfer contract.

The Ministries of Transport and Finance were working together to prepare invoice demands for the fees for each vehicle owner by next week.

The Transport Ministry had earlier suggested that road-use fees for cars would be from VND180,000 to 1,440,000 (US$9-70) per month, payable by ticket purchase, with quarterly and annual tickets available. Motorbikes would pay VND80,000 to 150,000 (US$4-7.5) per year in one installment.

Cars owners could pay their fees at registered centers while motorbike owners would pay their fees at collection offices designated by local authorities.

The Ministry of Transport has estimated that about VND6 trillion (US$286million) a year would be collected from road-user fees which, when added to the current State budget for road maintenance, would meet 80 per cent of requirements./.

By Kim Anh