The electronic toll collection (ETC) method is being piloted at three locations in central Vietnam before it can be applied nationwide, the Vietnamese transport ministry has said. The piloting of ETC was announced by Deputy Transport Minister Nguyen Hong Truong at a press briefing held by the ministry in Hanoi on Tuesday. Of the three stations, one is in Nghe An, another is on National Highway 1 in Quang Binh, and the other is on the Ho Chi Minh Road, Truong said. Experience learned from the trial at these stations will be useful to improve the method before it can be applied to 35 toll collection stations on National Highway 1 from the central province of Thanh Hoa to the Mekong Delta city of Can Tho, and for other stations on National Highway 14 that runs through the Central Highlands region, the official said. The ETC is based on the Radio Frequency Identification (RFID) technology that is broadly applied around the world, Truong said, adding that it refers to a wireless … [Read more...] about Vietnam piloting electronic toll collection for vehicles
Toll collect
Toll collection resumes in Ngang Pass tunnel
The Vietnam Road Administration under the Ministry of Transport has accepted in writing to resume toll collection in Ngang Mountain Pass Tunnel connecting Ha Tinh and Quang Binh Provinces in the north central region. The tunnel investor, Song Da Infrastructure Construction Joint Stock Company, is permitted to continue toll charges from 9 p.m. on July 20 after a ten-day break for repair of subsidence spots inside the tunnel as per instruction of the administration. The 500m long and six lane tunnel across Ngang Mountain Pass in Hoanh Son Mountain was opened for traffic in August 2004. It was invested under BOT (Build-Operate-Transfer) model at VND150 billion (US$7.08 million). Toll collection will last in 18 years. … [Read more...] about Toll collection resumes in Ngang Pass tunnel
Toll collection rights transferred
Toll collection rights transferred (03-12-2008) HCM CITY — The HCM City Department of Finance yesterday transferred toll fee collection rights on Ha Noi Highway to the Infrastructure Investment Joint Stock Company (CII). The transfer, which is worth VND1 trillion (US$62.5 million) aims to repay CII for the capital it has advanced for the construction of Rach Chiec Bridge, CII' s chairman Nguyen Phuoc Thanh said. At the transfer ceremony, Thanh said that the collection rights will be extended in 2014 for another 12 years right after toll fee collection on the highway to refund the company' s investment in projects on Dien Bien Phu Street and Kinh Duong Vuong Street finishes. The Rach Chiec Bridge, which is designed to have 10 lanes, will be one of the major bridges to the east of HCM City on Ha Noi Highway. So far, HCM City has mobilised capital from sources such as bonds, FDI and public-private co-operation to develop its infrastructure. — VNS … [Read more...] about Toll collection rights transferred
Expressway toll collection right transferred
CIPM, the current operator, has transferred the right to collect fee to Yen Khanh Company. Under the transfer plan, the transfer of the toll collection right of the 40-kilometer expressway will be carried out via a bidding round. Duong Tuan Minh, CIPM general manager, said that his firm proposes the toll collection right transfer has been approved by the Prime Minister. The Ministries of Transport and Finance and concerned agencies have ordered to launch bidding.Yen Khanh has won the bidding of over VND2 trillion (US$94,860,000). Accordingly, the toll collection will last five years with the start time on January 1, 2014.The 40 kilometer Ho Chi Minh City-Trung Luong expressway is to link the city to the Mekong delta province of Tien Giang. The expressway had been opened to traffic on February 3, 2010 and CIPM officially collected toll fees on HCMC-Trung Luong expressway since February 25, 2012. … [Read more...] about Expressway toll collection right transferred
Long Thanh-Dau Giay expressway toll collection begins soon
Le Anh According to the Government Office, Deputy Prime Minister Hoang Trung Hai on Monday approved the temporary use and toll collection of the 23-kilometer section stretching from the eastern belt road in HCMC's District 9 to National Highway 51 in the southern province of Dong Nai. The transport ministry is requested to complete all related procedures to ensure the expressway use and toll collection meet requirements based on written approval by the State Council for Acceptance of Construction Works. At the ceremony for joining the main span of Long Thanh Bridge last Tuesday, Vietnam Expressway Investment and Development Corporation as the expressway's project owner said that around 23 kilometers of the project would be completed later this year, connecting HCMC's District 9 and Dong Nai. The remaining part will be accomplished at the end of next year. The 55-kilometer HCMC-Long Thanh-Dau Giay expressway will cost an estimated VND18.9 trillion, with some VND9.9 trillion used for … [Read more...] about Long Thanh-Dau Giay expressway toll collection begins soon