HCM City parking fees face six-fold increaseHCM City People's Council approved a six-fold increase in car parking fees on roads at a meeting on March 16. HCM City People's Council approved a six-fold increase in car parking feesThe city authorities will apply the new fees for cars with less than nine seats and trucks weigh less than 1.5 tonnes from June 1. The parking fees for the first hour is VND20,000 (88 US cents) to VND25,000. The parking fees on 35 streets have seen VND30bn (USD1.3m) poured into the city's budget. HCM City People's Council chairwoman Nguyen Thi Quyet Tam said they would gather opinions from the experts and the public and adjust the plan if necessary.