HCM City’s Department of Transport has increased car parking fees on local roads from today, August 1.

HCM City’s Department of Transport has increased car parking fees on local roads

The rise in parking fees is aimed to reduce the number of cars parked on pavements and roads. 

From today, the car parking charges on 23 roadways in HCM City are VND20-40,000 (USD0.9-1.8) per hour, depending on different kinds of cars and different areas.

The fees are based on hourly rates, not single use of the space and are applied to cars of less than nine seats; cars of between 10 and 16 seats and trucks of between 1.5 and 2.5 tonnes.

On 13 inner-city streets in District 1, including Le Lai, Phan Boi Chau, Phan Chu Trinh, Nguyen Du and Huyen Tran Cong Chua, the fee for cars with less than nine seats is VND50,000 for the first two hours. The charge is VND30,000 each for the third and the fourth hour, which increases to VND35,000 for the fifth hour. It is up to VND250,000 for eight hours per day.

The same fees are also used for six streets in District 10, including Le Hong Phong, Cao Thang and Nguyen Gian Thanh.

Meanwhile, for four streets in District 5 namely An Duong Vuong, Tan Da, Tran Binh Trong and Pham Huu Chi, the parking fee for cars of below nine seats is VND50,000 for the first two hours; VND25,000 for the third and the fourth hour and VND30,000 from the fifth hour.

The fees are paid through mobile phone apps.

The new rates are 10-20% higher than fees at parking lots at shopping malls, office buildings and apartment buildings in the city.

Parking fees are currently around just VND5,000, irrespective of the length of time.

Lao Dong/Dtinews