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 collect duitsland
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
Long An BOT road toll collection set to start in mid-June
Long An BOT road toll collection set to start in mid-JuneTrung Chanh A toll station on BOT DT 830 road will begin operating in mid-June - PHOTO: TRUNG CHANH CAN THO – Toll collection on Provincial Road DT 830 in Long An Province, the first build-operate-transfer (BOT) infrastructure project in the Mekong Delta province, will begin in mid-June, said Pham Van Cuong, director of Bang Duong Investment-Construction-Trading Co Ltd. Cuong said at a press conference held in Long An Province on June 7 that the date for kicking off toll collection remained undecided. Long An Province Department of Transport director Nguyen Van Hoc said toll fees would range from VND25,000 to VND165,000 per time, from VND750,000 to VND4.95 million per month and from VND2.02 million to VND13.36 million per quarter. A toll exemption will be extended to certain road users in accordance with Clause 3 of Article 1 in the province’s Decision 13/2018/QD-UBND dated April 1, 2018, Hoc said. The … [Read more...] about Long An BOT road toll collection set to start in mid-June
40 BOT road projects face toll collection time cut of 120 years
40 BOT road projects face toll collection time cut of 120 years Vehicles wait to pay fees at a BOT road tollgate. The State Audit Office of Vietnam (SAV) has proposed slashing the toll collection time of 40 BOT road projects by 120 years - PHOTO: TL HCMC – The State Audit Office of Vietnam (SAV) has proposed the Government slash the toll collection time of 40 build-operate-transfer (BOT) traffic infrastructure projects by 120 years, news website VnEconomy reports. The SAV said in a 2017 auditing report submitted to the National Assembly that the Ministry of Transport has implemented a total of 75 traffic infrastructure projects through the public-private partnership (PPP) since 2002. They comprise 68 BOT, four build-transfer (BT), one build-own-operate (BOO), and two BOT and BT projects with a total adjusted investment of VND233.7 trillion. By March 2016, 57 of the projects had been put into operation, according to the report. They have helped ease traffic … [Read more...] about 40 BOT road projects face toll collection time cut of 120 years
PM urges quick disclosure of electronic toll collection roadmap at BOT projects
PM Nguyen Xuan Phuc urged the Ministry of Transport to quickly make public the roadmap for installation of non-stop toll collection systems at Build-Operate-Transfer (BOT) road projects. PM Nguyen Xuan Phuc asks for quick publication of the roadmap for installation of electronic toll collection systems at BOT projects- Photo: VGP/Quang Hieu The Government chief stressed the point on Monday at a meeting attended by representatives of several relevant ministries and localities. PM Phuc also tasked the Ministry of Transport to work with the Ministry of Finance and other competent agencies to calculate appropriate fee rates for non-stop toll collection stations. The Government encouraged all BOT projects to install non-stop toll collection systems following public rage over unreasonable toll booths and high fees. He emphasized the necessity to continue mobilization of financial resources from non-state sectors for transport infrastructure development amid financial constraints. … [Read more...] about PM urges quick disclosure of electronic toll collection roadmap at BOT projects
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
City nods tunnel toll collection trial
City nods tunnel toll collection trialAnh Quan By Anh Quan - The Saigon Times Daily HCMC – The HCMC government has allowed the Saigon River Tunnel Management Center to collect tolls on trial before the job is officially undertaken in near future. The Department of Transport is tasked with deciding on the start date of the toll collection test. Speaking to the Daily, Tran Quang Lam, director of the center, said when to test-run the toll booths has yet to be decided. In the pilot collection duration, staff members of the toll station will familiarize themselves with equipment to detect vehicles, check tickets, and open and close the barriers but they will not collect money, Lam stated. Lam said the toll collection trial will run until the middle of November and then the transport department will send the city government a toll collection plan plus proposed rates. The trial is expected to help the department evaluate the traffic volume to seek solutions to cope with congestion, if … [Read more...] about City nods tunnel toll collection trial
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 on NH5 for capital recovery
HÀ NỘI — 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 Việt Nam Infrastructure Development and Finance Investment Company (VIDIFI), which according to drivers was collecting tolls for the Hà Nội-Hải Phòng Expressway. Explaining why drivers on National Highway 5 have to pay tolls for the expressway, Deputy Transport Minister Nguyễn Ngọc Long said that although it was intended to be built under the Build-Transfer-Operate (BOT) mechanism, the Hà Nội-Hải Phòng Expressway project is different from other BOT projects. When deciding to build the expressway, due to lacks of funds, the State borrowed money from … [Read more...] about Toll collection on NH5 for capital recovery