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Official Gazette

Wednesday, September 20, 2017

Finance Ministry proposes abolishing a series of charges and fees

Updated: 11:59’ - 10/02/2015

The Ministry of Finance has recently proposed abolishing, or shifting to the service price mechanism, 26 types of charges and fees.

This is one salient point of the draft Law on Charges and Fees which is being circulated for public comment.

Accordingly, 22 charges for security and order maintenance charge, natural disaster prevention and control, use of stock market equipment or infrastructure, import and export assessment, use of inland waterway channels, radio frequency maintenance, assessment of national relics, antiques and treasures, etc., would be abolished.

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One of the nine “one-stop” toll booths on the Noi Bai-Lao Cai expressway__Photo: Huy Hung/VNA

As explained by the Ministry of Finance, these charges either coincide with others or have never been imposed in reality.  

Noteworthily, the ministry suggested applying the service price mechanism to several charges such as parking charge, sanitation charge, market entry charge, ferry toll and BOT road toll, so as to promote investment from non-state sectors in the construction of parking facilities, provision of sanitation services or building of marketplaces, terminals and roads, etc. The service price mechanism would also apply to some other types of charge and fee such as charge for inspection of measuring devices, judicial assessment charge, bidding charge, hospital fee, etc.-

VNL_KH1 

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