Resumen
The objective of this study is to understand how and to what extend illegal parking should be legalized, giving the benefit for parking users, urban planning, and transport planning. From literature, the policies and theories based on the lessons from other countries have provided the basis that can be applied in investigating a new parking management paradigm. Empirical surveys are conducted to examine the parking conditions, parking user?s behavior and the consequence of illegal parking spaces in the core city center in Hanoi, Vietnam. Then, the requirements of para-parking (legalization of illegal parking spaces) are formulated including the change process that involves parking authorities, parking operators, and parking users. An in-depth analyze is undertaken to look at opportunities, risks and forms of para-parking and finally a proposal for a qualitative economic impact assessment of parking facility investment is given.