July 27, 2023 | 18:30

HCMC to collect fees from those using sidewalks and roadsides for business

Minh Hà

Measure expected to bring in $63 million in fees each year.

HCMC to collect fees from those using sidewalks and roadsides for business

Ho Chi Minh City will begin imposing fees for the use of sidewalks and roadsides for business or parking purposes from September following a recent decision by municipal authorities, according to the city’s Department of Transport.

Those using sidewalks and roadsides must also obtain a license from local authorities.

They are required to ensure social order and security and keep the sidewalk and roadside clean.

Under a draft proposal from the city’s Department of Transport, fees for conducting business are set at VND20,000-100,000 ($0.85-4.2) per sq m per month, and VND50,000-350,000 ($2.1-14.7) per sq m per month for parking services, depending on the area.

The department has estimated that collections will total over VND1.5 trillion ($63 million) annually.

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