An ETC station on the Hanoi-Hai Phong Expressway. (Photo: VNA) The Ministry of Transport has asked the Directorate for Roads of Vietnam (DRVN), the Vietnam Expressway Corporation (VEC), the Vietnam Infrastructure Development and Finance Investment Joint Stock Company (VIDIFI), and other service providers to realize the Prime Minister's request on completing automatic non-stop toll collection (ETC). The ministry requested VEC to direct service providers and related units to urgently install and operate the ETC system on highways by July 31. In case of delay, the ministry will handle it according to its competence or report it to authorities for strict handling in accordance with the law, including the suspension of toll collection. The ministry asked DRVN to direct and coordinate with VEC in deploying the ETC system on highways managed by VEC, ensuring the schedule and smooth operation. Meanwhile, VIDIFI was asked to continue piloting the ETC on the Hanoi-Hai Phong … [Read more...] about Automatic toll collection set for all expressways in Vietnam by end of July
Hanoi vientiane expressway
Van Don – Mong Cai highway: new launch pad for Quang Ninh’s economic growth
Van Don - Mong Cai Highway under construction (Source: baoquangninh.com.vn) Quang Ninh (VNA) – The Van Don - Mong Cai highway, which is scheduled for completion and operation on June 30, aims to create favourable conditions for the northeastern province of Quang Ninh to make breakthrough developments and promote economic links in the region. Nguyen Tien Oanh, Director of the Executive Board of the highway project (the Tien Yen - Mong Cai section), said it has taken time to complete this section – which extends from Bach Dang bridge to the Mong Cai international border gate , because of difficulties caused by the COVID-19 pandemic and other reasons. However, the foundation of the sector has been basically completed and is entering the finishing stages, he said. According to representatives from the Ministry of Transport, the Van Don - Mong Cai highway, which is part of the Hanoi - Quang Ninh highway, plays a strategic role for the socio-economic development of Quang … [Read more...] about Van Don – Mong Cai highway: new launch pad for Quang Ninh’s economic growth
86 trillion VND earmarked for transport infrastructure in Mekong Delta
Minister of Transport Nguyen Van The speaks at the conference. (Photo baochinhphu.vn) Hanoi (VNS/VNA) - Minister of Transport Nguyen Van The has confirmed that around 86 trillion VND from the State budget will be invested in developing an expressway system for the Mekong Delta region. He made the statement while presenting a plan on transport infrastructure development investment for the Mekong Delta region at the Conference on Promulgation of the Mekong Delta Regional Master Plan and Investment Promotion for the 2021-30 Period, which opened on June 21 in Can Tho City. The whole region at present has only 90km of expressways, in addition to another 30km under construction. During this term, investment in an additional 400km of expressway in the region will be carried out, including the construction of a main axis connecting Ho Chi Minh City with Mekong Delta's Can Tho City and connecting Can Tho City with southernmost Ca Mau province, according to the minister. … [Read more...] about 86 trillion VND earmarked for transport infrastructure in Mekong Delta
Reopening increases foreign interest in transport upgrade
Roads, airports, and seaports are being looked at by overseas companies in terms of investment feasibility, Photo: Shutterstock On June 16, Hoang Gia Khanh, deputy general director of state-owned railway giant Vietnam Railways (VNR), received a delegation of Austrian businesses at its headquarters who introduced new products and technology solutions aiming to seek opportunities in the local industry. The commercial counsellor of the Austrian Embassy in Hanoi said that businesses expect to intensify cooperation with VNR, specifically those in funding and upgrading projects, as well as machinery upgrading and maintenance. He added that besides official development assistance, the Austrian government also has other financial tools that can help VNR access financial resources and technologies. According to Khanh, investment demand for the industry’s infrastructure development is huge and he highly appreciates the products and technology of groups like Plasser & Theurer and … [Read more...] about Reopening increases foreign interest in transport upgrade