HA NOI (VNS)— Toll fees are set to double at the My Loc Toll Station in the northern province of Nam Dinh, according to announcement issued by the Finance Ministry.
The tolls, to be implemented in June, will see the fees for trucks with loads of 18 tonnes or more and 40-feet containers increase to VND160,000 (US$7.6). Cars with less than 12 seats, public transportation and vehicles with loads under 2 tonnes will pay a minimum of VND20,000 (nearly $1).
A proportion of the increased fees will cover operation costs and taxes whilst the remaining revenue will be utilised in an investment return as per the Build-Operation-Transfer contract.
The current fees at the station have been instated since March, 2010. — VNS