The Ministry of Transportation has approved the establishment of the Road Maintenance Fund in an effort to improve roads and decrease traffic congestion.

VietNamNet Bridge - The Ministry of Transportation has approved the establishment of the Road Maintenance Fund in an effort to improve roads and decrease traffic congestion.

Transport Ministry proposes new fees for vehicles

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More money needed for road maintenance

Accordingly, vehicles that use diesel fuel will pay monthly fees to the fund, according to the size and weight of their carloads. The new operating fees will cost drivers between VND180,000 ($9.5) and VND 1,440,000 ($76) per month.

Vehicles that use gasoline can expect to pay about 1,000 dong more per liter of gasoline once the program starts.

The new fees imposed on motorbikes and cars is expected to collect 2,971 billion dong ($156 million), equivalent of 2,971,000,000 liters of gasoline. Fees for diesel vehicles are expected to reach 2,958 billion dong ($155 million) per year.

Under the proposal, gasoline companies will collect the fees and then submit the funds to the Road Maintenance Fund within the State Treasury.

The ministry will use the funds to make improvements to roadways that aim to reduce traffic congestion in future.

PV