Regulations to be terminated from June 5 due to Insufficient collections.
The government has released Decree No. 28/2016 on terminating regulations on charging road use fees for two and three-wheeled motorcycles, to take effect on June 5.
The Ministry of Finance (MoF) had previously sent documents to the Office of the Government and the Ministry of Transport (MoT) acknowledging that the collection of fees on motorcycles faced many difficulties and was ineffective and it therefore asked the government to terminate relevant regulations.
According to the Ministry of Planning and Investment (MPI), in the three years of implementing such fees the amount collected was modest. In 2013 and 2014 only VND550 billion ($24.67 million) was collected each year and in the first half of 2015 only VND175 billion ($7.85 million) went to the State coffers.