Vietnam to charge 50 pct more for water

TN News

Email Print

Vietnam will hike the price of water by 50 percent to up to VND18,000 (almost a dollar) per cubic meter from July 11.

A decree by the Ministry of Finance says water prices in major urban areas will be increased to VND3,500-18,000, compared to VND3,000-12,000 since July 2009, news website VnExpress reported.

In other urban areas consumers will be charged VND3,000-15,000, while in rural areas the minimum tariff will double to VND2,000, and the maximum will go up from VND8,000 to VND11,000.

In late May the Hanoi Clean Water Corporation had asked the city government to hike prices by 35 percent, saying the cost of filtering chemicals, meters, pipes, and wages had all risen.

The company said it lost VND32 billion (US$1.5 million) in the first four months of this year.

Clean water prices in Ho Chi Minh City were raised earlier this year to VND4,800-11,000.

Like us on Facebook and scroll down to share your comment

More Society News