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HCM City earns VND4 billion from street parking fees

HCM City collected VND4 billion (USD157,171) from parking fees on 20 inner-city streets as of June.

HCM City collected VND4 billion (USD157,171) from parking fees on 20 inner-city streets as of June.

The fees were collected through the My Parking app managed by the Voluntary Youth Public Benefit Service Ltd. Co. 

HCM City earns VND4 billion from street parking fees - 1
 

The area near Ben Thanh Market where the car parking fees have been applied


The firm has proposed the pilot automatic parking fee collection using Radio Frequency Identification (RFID) technology on Hai Ba Trung, Le Lai and Pham Huu Chi streets. The HCM City Department of Transport is seeking opinions from concerned agencies.

RFID technology helps limit direct contact with drivers in order to save time.

The collection of parking fees for cars on 20 streets in Ho Chi Minh City has been applied since 2018. Parking is charged by the hour, starting from a minimum of VND20,000-25,000 for the first hour, depending on the vehicle type.

Source: dtinews.vn
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