Society
Conference promotes business expansion to the US
1.
 |
| Hoàng Mai toll booth located on a section of National Highway No 1 passing through Nghi Sơn-Cầu Giát. – Photo dantri.com.vn |
Viet Nam News
HÀ NỘI — Fees for local vehicles passing through Hoàng Mai toll booth in central Nghệ An Province will be reduced from January 1 next year.
The cut is applicable for cars of individuals who have permanent household registration or organisations and enterprises that have headquarters in some communes of Thanh Hóa and Nghệ An provinces that are located less than 5km from the booth.
The communes include Trường Lâm, Hải Thượng, Mai Lâm and Hải Hà of Tĩnh Gia District, Thanh Hóa Province; Quỳnh Thiện, Quỳnh Lộc and Quỳnh Vinh communes of Hoàng Mai Town, Nghệ An Province.
Fees for vehicles of type 1 (cars under 12 seats, trucks under two tonnes) and type 2 (cars with 12 to 30 seats, trucks weighing 2-4 tonnes) will be slashed by half.
Toll collection for vehicles of type 3, 4, 5 (cars with more than 31 seats, trucks weighing more than four tonnes, 20-feet and 40-feet container trucks) will be reduced by 20 per cent.
Buses do not have to pay toll.
Earlier Việt Nam Road Administration proposed slashing the toll fees for all vehicles. A representative of the investors said this proposal could not be implemented because the financial plan was not followed. The toll collection period will be expanded to nearly 26 years instead of more than 17 years as planned.
The Build-Operate-Transfer project of upgrading and expanding the National Highway No 1 section running through Nghi Sơn- Cầu Giát was invested by Civil Engineering Construction Joint Stock Corporation 4 and Corporation 319.
More than VNĐ3.6 trillion (US$156.5 million) was invested in the 34km section.
The Hoàng Mai booth was opened for toll collection on May 3, 2015. Toll fees ranges from VNĐ35,000 ($1.5) to VNĐ180,000 ($7.8). — VNS
