All of the transactions in the transport sector will be cashless by 2030, as part of a programme on digital transformation recently approved by the Ministry of Transport.
The Ministry of Transport has recently proposed the Government to consider and approve the option of increasing BOT toll fees in order to remove difficulties for the investors who suffered revenue losses.
All build-operate-transfer (BOT) highways across Vietnam are scheduled to use electronic toll collection systems by the end of this year, but many seem set to fall short of the goal.
The Ministry of Transport is working on a new draft circular which stipulates that the public will have a say on whether the locations of toll stations on Build-Operate-Transfer (BOT) roads are appropriate.
Ho Chi Minh City’s Department of Transport has proposed investing 250 billion VND (10.8 million USD) to build 34 automatic toll booths to prevent traffic congestion during peak hours in the city centre.
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.
According to the Vietnam Expressway Corporation, toll collection and supervision is carried out according to regulations, and the toll revenue of expressways is reported to State management agencies.
Prime Minister Nguyen Xuan Phuc lauded the Ministry of Transport (MoT) for pooling social resources in public-private partnership (PPP) projects, including those under the build-operate-transfer (BOT) model.
In a bid to resolve obstacles to implement the national electronic toll collection (ETC) project, the Government has allowed the Ministry of Transport (MoT) to decide how much revenue to extract from BOT projects to pay for ETC service.
Minister of Transport Nguyen Van The has ordered relevant agencies to quickly complete necessary documents so that the ministry can approve 10 sub-projects that are part of the North-South Expressway in July as scheduled.
The Ministry of Transport plans to install e-tags on 3.2 million motorised vehicles by the year-end in a bid to conduct electronic toll collection (ETC) at build-operate-transfer (BOT) stations in 2019.
Investors in Build-Operate-Transfer (BOT) contracts are delaying installation of electronic toll collection (ETC) equipment at their toll gates on highways, officials said.
The Directorate for Roads of Vietnam (DRVN) has asked the Ministry of Transport for permission to test cashless toll collection on one-stop toll highways.
The Transport Ministry’s plan to install electronic toll collection (ETC) systems on national highways by July 1 has failed to meet the deadline due to several difficulties.
The issuance of electronic tag cards to vehicles for automatic toll collection on highways is under way as the Ministry of Transport sets up electronic toll collection systems (ETCs).
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.
Traffic congestion at toll stations continues to increase despite significant investments to expand the roads, causing problems for both drivers and traffic management officials.
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.
Society
XIII National Congress of Communist Party of Vietnam
