Extension of toll collection right for HCMC-Trung Luong expy proposedBy Le Anh The HCMC-Trung Luong Expressway is the first expressway project to be built - PHOTO: LE ANH HCMC - Cuu Long Corporation for Investment, Development and Project Management of Infrastructure (CIPM) has written to the Ministry of Transport proposing to continue collecting toll fees on the HCMC-Trung Luong Expressway for one year and a half after the commercial right over the expressway expires late this year. CIPM petitioned that the toll collection will continue between January 2019 and June 2020, after the road commercial contract with Yen Khanh Trade Production and Service Company expires on December 31, 2018. Yen Khanh had purchased the right to collect toll fees for five years, starting from January 1, 2014, with a transfer price of some VND2 trillion. CIPM in its petition said that the continued toll collection is meant to make the most of the public infrastructure asset to create fund for … [Read more...] about Extension of toll collection right for HCMC-Trung Luong expy proposed
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Vietnam moves toward electronic toll collection
Vietnam is on course to make electronic toll collection (ETC) technology available at all toll stations on its lifeline National Highway 1 by the end of 2018, as stipulated in a government plan. Radio-frequency identification (RFID) tags are now available on around 480,000 out of Vietnam’s three million cars, with authorities now hoping to tag all cars within this year. Out of 28 newly installed tollgates nationwide, 17 are already capable of ETC, which eliminates the delay on toll roads by collecting tolls cashless and without requiring cars to stop. ETC works by scanning the RFID tag on an approaching vehicle and debiting the driver’s account, which must be created and topped up in advance. The current ETC systems on Vietnam’s roads still require a barrier, which only lifts to allow a vehicle to pass if the driver has enough money in their account to pay for the toll fee. Drivers with insufficient fund must pay with cash on the spot through a tollgate … [Read more...] about Vietnam moves toward electronic toll collection
Electronic toll collection system to be launched in VN
The transport ministry wants electronic toll collection systems (ETCs) installed at all toll booths nationwide from 2020, to end delays and cut costs, Deputy Minister Nguyen Hong Truong said. Electronic toll collection system has been launched in Quang Binh province. Drivers no longer have to stop their vehicles and pay fees manually when travel through the province. — Photo vnexpress.net The ministry has asked investors to install the systems on National Highway 1 and 14 before June 30 . The system will be installed at 25 more toll stations along NH 1 and Ho Chi Minh Road after that. The system first became operational at three toll stations in Quang Binh, Nghe An and Dak Lak on a trial basis. It uses the radio frequency identification (RFID) technology, which refers to a wireless system comprising two components of e-tags and readers. In order to pay a toll through ETCs, vehicle owners will be issued an e-tag that is attached … [Read more...] about Electronic toll collection system to be launched in VN
Toll collection on National Highway 5 for capital recovery
VietNamNet Bridge – The Ministry of Transport has provided an explanation on the controversial toll collection policy on National Highway 5.Hundreds of drivers used bank notes in small amounts to pay toll at tollbooth No 1 on National Highway 5 earlier in December to protest against the booth.The booth is one of the two tollbooths placed on the highway by the Viet Nam Infrastructure Development and Finance Investment Company (VIDIFI), which according to drivers was collecting tolls for the Hanoi-Hai Phong Expressway.Explaining why drivers on National Highway 5 have to pay tolls for the expressway, Deputy Transport Minister Nguyen Ngoc Long said that although it was intended to be built under the Build-Transfer-Operate (BOT) mechanism, the Hanoi-Hai Phong Expressway project is different from other BOT projects.When deciding to build the expressway, due to lacks of funds, the State borrowed money from other sources to fund site clearance work instead of using money from the State … [Read more...] about Toll collection on National Highway 5 for capital recovery
Toll collection for Can Tho Bridge begins this week
The Ministry of Transport has approved toll collection from September 15 for the Can Tho Bridge spanning the Hau River to connect Can Tho City and Vinh Long Province in the Mekong Delta. The approval came after the Ministry of Finance issued circular 84/2010/TT-BTC governing the lowest toll level of VND15,000 (around 77 U.S. cents) per trip for vehicles of less than 12 seats and two tons as well as public buses running on the longest cable-stayed bridge in Southeast Asia. The highest toll of VND100,000 (US$5.1) per trip applies to trucks with 40-foot containers and vehicles with combined load of 18 tons or more. The lowest monthly and quarterly charges are VND450,000 and VND1.2 million respectively while the highest corresponding levels are VND3 million and VND8.1 million. The long-awaited Can Tho Bridge was opened to traffic on April 24, 2010 after nearly six years of construction. This bridge on National Highway 1A cost more than VND4.83 trillion (some US$248 million), which was … [Read more...] about Toll collection for Can Tho Bridge begins this week