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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

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28.9 C
Ho Chi Minh City
Sunday, April 6, 2025

HCMC Transport Dept proposes halving seaport fees

The Saigon Times

Must read

HCMC – The HCMC Department of Transport has proposed the city government ask the People’s Council for approval to halve the seaport fees for goods transported on waterways.

The move was made after Deputy Prime Minister Le Minh Khai asked the city to reconsider the seaport fee collection and the fees have been collected for two months, the local media reported.

The fees will be the same for enterprises in HCMC and other localities.

The proposal is aimed at encouraging enterprises to reduce the use of roads, contributing to easing road congestion and accidents. Meanwhile, the transport of cargo on waterways, currently accounts for only 20% of the market share, requires lower costs.

As 60% of the cargo passing through seaports in HCMC comes from other provinces, so the city has imposed higher fees on goods declared in other provinces to increase the volume of cargo passing through seaports in Dong Nai, Binh Duong and Long An. However, after two months of the fee collection, enterprises from other provinces have still chosen seaports in HCMC to file declarations for their goods.

HCMC officially began the seaport fee collection from April 1 with the lowest fee being VND15,000 per ton and the highest being VND4.4 million per ton.

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