An electronic toll collection (ETC) system at Phú Mỹ Bridge toll booths in HCM City’s District 2 will open on Saturday. — Photo vtc.vnViet Nam News HCM CITY — A electronic toll collection (ETC) system will officially be put into operation at Phú Mỹ Bridge toll station in HCM City’s District 2 on Saturday. During the first phase of the toll collection system, which does not require vehicles to stop, four of the eight lanes at the station will operate with the ETC system. The remaining toll booths will continue to collect tolls manually until the second phase of investment. The ETC system will automatically charge vehicles going through Phú Mỹ Bridge toll station according to the toll rate of the station. The vehicles will need an electronic tag (e-tag) and an account for fee collection, similar to those used for prepaid mobile services. The toll station’s investor, Phú Mỹ Bridge Construction Investment Joint … [Read more...] about Electronic toll collection begins at Phú Mỹ Bridge
Toll collect maut
Vietnam orders installation of electronic toll collection nationwide by year-end
The Hanoitimes - The move aims to boost transparency in toll collection and avoid tax evasion. Vietnam to make BOT projects more transparent Vietnam has set the deadline for installing electronic toll booths in all expressways nationwide by the end of 2019 in an effort to boost transparency in toll collection. A toll booth in Ha Long city, Quang Ninh province. Photo: Baoquangninh Minister of Transport Nguyen Van The said earlier this week that any toll station without electronic toll collection (ETC) would be shutdown after the deadline. The ministry will open international biddings for ETC suppliers for 33 toll stations nationwide and those with operations in telecommunications would have an advantage, in order to speed up the ETC process, the minister said. The statement shows the government’s tough move in managing highways which are mainly constructed under build-operate-transfer (BOT) mode. Economist Le Dang Doanh, a former … [Read more...] about Vietnam orders installation of electronic toll collection nationwide by year-end
The Ministry of Transport’s role in BOT toll collection
Lê Đình Thọ.— Photo tienphong.vn Lê Đình Thọ, Deputy Minister of Transport, speaks to Tiền Phong (Vanguard) newspaper on his ministry’s role in ensuring all BOT projects fulfill their assigned missions How do you respond to complaints about the cumbersome administrative procedures in toll booths on BOT roads nationwide? Manual toll booths have a lot of weaknesses, including being time consuming and contributing to traffic jams and air pollution. Furthermore, manual toll collection may also lead to a lack of transparency and high operating costs. Toll collection in all BOT projects is been supervised by four agencies – the banks, the investors, the tax office and the State-authorised agency. The Ministry of Transport considers monitoring the operation of these BOT projects one of its key missions. As a result, the Ministry has assigned the Directorate for Roads of Việt Nam (DRVN) to monitor all activities of … [Read more...] about The Ministry of Transport’s role in BOT toll collection
Directorate for Roads to start examining toll collection
The toll station Dau Giay on the HCM City-Long Thanh-Dau Giay expressway that was robbed during the Tet (Lunar New Year) holiday. (Photo: VNA) Hanoi (VNS/VNA) - The Directorate for Roads of Vietnam (DRVN) is planning an investigation into toll collection activities of the State-run Vietnam Expressway Corporation (VEC) on all highways over concerns of a lack of transparency. This comes after armed robbers escaped with almost 100,000 USD during a toll-station raid last week Questions were raised over the amount of money stolen at the station on the busy Ho Chi Minh City-Long Thanh-Dau Giay expressway in southern Vietnam on the morning of February 7, the third day of the Lunar New Year. Police said the two thieves made off with 2.2 billion VND (94,500 USD) in cash, which was reportedly the cash collected that morning alone, much higher than previous VEC’s report that the daily revenue reached no more than 1 billion VND (42,900 USD). A VEC representative explained that as … [Read more...] about Directorate for Roads to start examining toll collection
DRVN to start examining toll collection
Viet Nam News HÀ NỘI — The Directorate for Roads of Việt Nam (DRVN) is planning an investigation into toll collection activities of the State-run Việt Nam Expressway Corporation (VEC) on all highways over concerns of a lack of transparency. This comes after armed robbers escaped with almost US$100,000 during a toll-station raid last week Questions were raised over the amount of money stolen at the station on the busy HCM City-Long Thành-Dầu Giây expressway in southern Việt Nam on the morning of February 7, the third day of the Lunar New Year. Police said the two thieves made off with VNĐ2.2 billion (US$95,100) in cash, which was reportedly the cash collected that morning alone, much higher than previous VEC’s report that the daily revenue reached no more than VNĐ1 billion. A VEC representative explained that as per the arrangements with its bank partner, the bank representative would arrive at the stations to pick … [Read more...] about DRVN to start examining toll collection