Tiên Cựu toll booth on National Highway 10 in Hải Phòng. Toll collection on the road will begin on January 4. Photo thoibaotaichinh.vnViet Nam News HÀ NỘI — The upgraded National Highway 10, developed under the build-operate-transfer (BOT) model with a total length of 31 kilometres, will begin toll collection on Friday, project investor Tasco Joint Stock Company has announced. Cars with fewer than 12 seats, trucks of less than two tonnes and buses will be charged VNĐ35,000 ($1.50) per trip while vehicles with 12 to 30 seats and trucks of four tonnes will pay VNĐ50,000 ($2.10) per trip. Vehicles of more than 31 seats and trucks from four to 10 tonnes are subject to a toll of VNĐ75,000 ($3.20). Trucks weighing from 10 to 18 tonnes and 20-foot container trucks will be subject to a toll of VNĐ120,000 ($5.20) per crossing. Trucks of over 18 tonnes and 40-foot container trucks will pay the highest fee of VNĐ180,000 ($7.80). … [Read more...] about Toll collection on National Highway 10 to begin on January 4
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Toll collection system in need of private investment
Labourers work on an expressway. - VNA/VNS Photo Viet Nam News HÀ NỘI — The Ministry of Transport (MoT) has asked the Việt Nam Expressway Corporation (VEC) to seek investments for non-stop toll collection systems on expressways under their management by the end of November. Nội Bài – Lào Cai Expressway, for example, is a VEC project that came into operation in 2014. As investment funds for construction are being finalised, the MoT said it was impossible for VEC to use the State budget to invest into the non-stop toll collection system on the expressway. VEC will have to seek private funding for the system. The residual State budget for this project has not been calculated. Previously, the MoT asked VEC to research investments in Nội Bài – Lào Cai Expressway’s non-stop toll collection system under a public-private partnership. However, VEC has not yet submitted the proposal. Regarding the Đà … [Read more...] about Toll collection system in need of private investment
Toll collections resume on Danang-Quang Ngai Expressway
Toll collections resume on Danang-Quang Ngai Expressway The Saigon Times Daily A just-repaired section of Danang-Quang Ngai Expressway. The Ministry of Transport has allowed the resumption of toll collection for the newly built road - PHOTO: VEC HCMC - Minister of Transport Nguyen Van The has allowed Vietnam Expressway Corporation (VEC), the investor of the Danang-Quang Ngai Expressway in central Vietnam, to resume toll collections on the expressway after VEC finished repairing the road, news site Vietnamplus reported. The ministry said VEC must request the project’s contractors and consultants to continue monitoring the condition of the road in a bid to promptly detect and handle potholes. If VEC fails to repair the road within one day after detecting potholes or other signs of deterioration, the ministry will once again suspend all toll collections on the expressway, The said. The Directorate for Roads of Vietnam will have to frequently check the road and monitor road … [Read more...] about Toll collections resume on Danang-Quang Ngai Expressway
Extension of toll collection right for HCMC-Trung Luong expy proposed
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
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