A representative from a local transportation firm said his company had to pay VNĐ1.7 million per month, or over VNĐ600 million (US$26,400) per year, as road maintenance fee for its 30 container trucks. “However, the road maintenance fund is currently able to cover 25 per cent of required funding,” Minh said, adding that road maintenance work still required more funding from the State budget. For example, last year, the Road Maintenance Fund collected over VNĐ6.3 trillion; however the Government must provide an additional VNĐ3.5 trillion to maintain roads nationwide. Minh said since Việt Nam was tightening its belt, it was difficult to allot more money for road maintenance. Therefore, at this time, the Road Maintenance Fund could not be removed.

Source: Viet Nam News October 02, 2017 01:07 UTC