Vietnam Mulls New Vehicle Fee for Road Maintenance

Under the plan, motorbike owners will pay a one-time fee between VND300,000 and VND1.5 million (US$17-84) when they have a new motorbike registered. The annual vehicle fee for cars and trucks will start at VND1.2 million ($67). The revenues would generate more than VND3.6 trillion ($200 million) a year for the road maintenance fund, local news service VnExpress reported, citing the ministry. According to Deputy Transport Minister Le Manh Hung, the government can now finance only 50-60 percent of repair and maintenance costs for the country’s roads system every year. The funds currently allocated for rural areas were miniscule, he said