Business

Five expressways to use non-stop automatic toll collection by September

The State-owned Vietnam Expressway Corporation (VEC) will implement automatic non-stop toll collection (ETC) on all five expressways under its management across the country by the third quarter this year.
Five expressways to use non-stop automatic toll collection by September ảnh 1Dau Giay toll station on Long Thanh - Dau Giay Expressway is invested in by Vietnam Expressway Corporation. (Photo courtesy of VEC)
Hanoi (VNS/VNA) - The State-owned Vietnam Expressway Corporation (VEC) willimplement automatic non-stop toll collection (ETC) on all five expresswaysunder its management across the country by the third quarter this year.

VEC has just reported to the Ministry of Transport on the ETC system for theexpressways under its management.

Accordingly, VEC had completed the investment, installation and operation ofthe ETC system on the Cau Gie - Ninh Binh Expressway from June 2020 for 15lanes.

The system is currently operating effectively, with the service rate accountingfor 51 percent of the whole line's revenue.

The remaining expressways include Noi Bai - Lao Cai, HCM City - Long Thanh - Dau Giay,Ben Luc - Long Thanh, Da Nang - Quang Ngai and some other sections of Cau Gie -Ninh Binh.

VEC approved and issued bidding documents for selecting ETC service providersfrom May this year.

It was expected that the VEC would close the bid on May 25 and complete thecontractor selection on June 30.

After selecting the contractor, the VEC will request it install the ETC systemso that by mid-August the system is in operation for the Cau Gie - Ninh Binh andHCM City - Long Thanh - Dau Giay expressways. And by the end of September, theETC will be applied to all the expressways operated by VEC.

Previously, the Ministry of Transport reported to Prime Minister Pham Minh Chinhon the progress of implementing the ETC on VEC-invested highway projects.

VEC selected the option of hiring companies to provide investment and operationservices for ETC on the highways managed by the VEC.

With this option, the cost of service hire is taken from the current tollmanagement cost by the VEC, ensuring the progress under the direction of theGovernment on investing ETC system by the second quarter of this year and notaffecting the VEC’s financial plan.

The Commission for the Management of State Capital at Enterprises then issued adocument confirming the VEC's proposal of deploying the procedures for hiring apackage service of ETC and manual toll collection operation was necessary andsuitable with the financial plan for five VEC projects.

However, the commission requested the VEC study and set up ETC projects foreach VEC project according to the approval of the ministries of Information andCommunications, Finance, and Transport.

Currently, the VEC has consulted the ministries of Information andCommunications and Finance but has not yet received instructions.

The VEC approved the plan to hire toll collection services and a contractorselection plan to ensure progress./.
VNA
#Vietnam Expressway Corporation #automatic toll collection #expressways #Cau Gie – Ninh Binh Expressway #HCM City - Long Thanh - Dau Giay Expressway #updated Vietnam news #Vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

Three more expressways to seek NA’s approval

Three more expressways to seek NA’s approval

The Ministry of Transport has been drafting a report seeking the National Assembly’s approval on the development of three expressway projects in the south-central and southern regions of Vietnam.
Laos to develop expressway linking Houaphanh with Vietnam

Laos to develop expressway linking Houaphanh with Vietnam

The Government of Laos has agreed with contractors to conduct a feasibility study for the construction of an expressway from Houaphanh province to the border with Vietnam under an agreement signed recently, Vientiane Times reported.

See more

VinFast manufacturing facility in Haiphong city (Photo: Vingroup)

Vingroup among top 40 largest enterprises in Southeast Asia

This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.

Fresh Vietnamese lychees are being sold at an Aeon supermarket in Japan. (Photo: VNA)

Vietnam Goods Week opens in Japan’s Saitama prefecture

This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.

The Green Industries Summit 2025 aims to support the country’s transition toward sustainable industrial development. (Source: NordCham Vietnam)

Nordic firms eye green industry partnerships in Vietnam

According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.

Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong speaks at the 15th National Assembly’s 9th session. (Photo: VNA)

SBV Governor calls for overhaul of FDI attraction strategy to drive stronger growth

The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.

Buyers seek suppliers of globally standardised equipment at Automechanika, opened in HCM City on June 19. (Photo: VNA)

Vietnam’s auto parts and services expos open in HCM City

The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.

Fuel prices surge from 3pm on June 19 (Photo: VNA)

Fuel prices surge from 3pm on June 19

The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.

Vietnamese Ambassador to Germany Vu Quang Minh (right) thanks Selgros Lichtenberg CEO Marco Berger for creating conditions for Vietnamese agricultural products to reach German customers (Photo: VNA)

Vietnamese Goods Day promotes Bac Giang lychees in Germany

While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.

An article published by Cuba’s Inter Press Service (IPS) spotlights the promising results of a unique rice cooperation model with Vietnam, as Cuba ramps up efforts to improve national food security. (Photo: Screenshot)

Vietnam–Cuba rice partnership sets new model for sustainable food security: media

The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.

Algerian delegates explore Vietnamese products showcased at the event (Photo: VNA)

Vietnam seeks to expand trade ties with Algeria

During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.

A H&M store (Photo: Reuters)

Vietnamese firms eye new opportunities with Nordic partners

A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.

The Lao Bao (Vietnam) – Densavan (Laos) international border gate (Photo: VNA)

'Single-Stop' procedure at Lao Bao–Densavan border gate halted

Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.