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News

Ho Chi Minh City collects nearly 6 billion VND/day for seaport infrastructure fees

18/06/2024 14:04

On June 6, the Department of Transport of Ho Chi Minh City issued a written response to the press about the results of seaport infrastructure toll collection in the past 2 years.

Ho Chi Minh City has the largest seaport system in Vietnam, but road traffic connecting seaports is lacking and weak. Source: mic.gov.vn

The collection of seaport infrastructure fees is allowed by the People's Council of Ho Chi Minh City to be implemented from 0:00 on April 1, 2022. As of May 31, 2024, Ho Chi Minh City has collected VND 4,717.69 billion (an average of VND 5.96 billion/day). The above amount has been used by the city to supplement investment in a number of projects to strengthen the connection of seaports, such as the construction of An Phu intersection (progress reaches about 40%, expected to be completed in December 2025); My Thuy intersection (progress reaches about 45%, expected to be completed in January 2026); the project to expand Dong Van Cong street (the section from Giong Ong To bridge to My Thuy bridge) has now been completed, the traffic organization part will be completed in June 2024.

The money from the fee for using seaport infrastructure is added by Ho Chi Minh City to the investment capital

to expand and upgrade many routes in and out of the port. Source: Vneconomy.vn

Ho Chi Minh City currently owns the largest seaport system in Vietnam and is in the top of Asia's major seaports. However, roads connecting seaports with the outside are lacking and weak, leading to frequent congestion of transport on the routes in and out of seaports. The collection of seaport fees is a policy of Ho Chi Minh City to increase revenue to have more funds to expand port access routes (similar to the policy of Hai Phong city that has been applied for a long time).

Source: hanoimoi.vn

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