Taxi-fares start to fall

Hanoi (VNA) - On Dec. 2, one day after the price of petrol was cut by 1,000
VND a litre to 12,000 VND, Hanoi and Ho Chi Minh City taxi companies
promised to cut fares by between 500-1,000 VND a kilometer.

About 80 members of the Hanoi Taxi Association have already cut fares.
However, customers are waiting for other companies to keep their promises.

"Our company will first cut fares at our branch in Binh Duong province.
This will be followed by cuts in HCM City ," said Vo Ba, director of
the Future Star Taxi Company.

Other taxi companies in the two cities are also considering cutting fares.

"Since the decrease in the price of petrol, the association has received
many confirmations from taxi companies, that their fares will be cut," said
Do Quoc Binh, chairman of the Hanoi Taxi Association.

"We will follow the changing price of petrol and adjust taxi fares
accordingly to protect consumers' interests," he added.

Huong Lua Taxi said it would reduce average fares by 1,000 VND in the next
two days.-Enditem