Ownership, risk-sharing must be clarified in PPP law: experts Business

Ownership, risk-sharing must be clarified in PPP law: experts

Ownership rights and risk-sharing mechanisms must be clarified in public-private partnership (PPP) law to encourage the participation of private investors and ensure efficiency as well as transparency of PPP projects, according to Tran Chung, Chairman of the Vietnam Association of Road Traffic Investors.
Road toll collection to be inspected Business

Road toll collection to be inspected

The Directorate for Roads of Vietnam has proposed the Ministry of Transport inspect fee collection at the toll station on Phap Van-Cau Gie expressway, to prevent loss of fees.
Electronic tolls to cut costs, traffic jams Society

Electronic tolls to cut costs, traffic jams

The installation of electronic toll collection systems (ETCs) at all toll booths is compulsory, Deputy Minister of Transport Nguyen Hong Truong told investors of the BOT project on national highways.
Toll station congestion increasing Society

Toll station congestion increasing

Traffic congestion at toll stations continues to increase despite significant investments to expand the roads, causing problems for both drivers and traffic management officials.