Việt Nam News

The HCM City Department of Transport wants toll to be collected from cars entering the traffic-clogged inner districts as a means to reduce gridlock and pollution.

Many toll stations on roads built under Build-Operate-Transfer (BOT) contracts in the southern region, including HCM City, are improperly located, frustrating the public, especially drivers.

About 2.7 million out of nearly 5 million vehicles in Việt Nam have been equipped with automatic toll payment tags (etag), making them eligible to use the electronic toll collection (ETC) system.

Motorists travelling on the Hà Nội-Hải Phòng Expressway will only be able to pay tolls using electronic means. 

The Government proposed another 12 projects covering 729km of road on the North-South Express, according to the Ministry of Transport.

According to the plan proposed by Hà Nội Public Transport Management Centre, car drivers will have to pay between VNĐ50,000-100,000 (US$2.2 - US$4.4) to enter downtown areas on ordinary days.

The Ministry of Transport is consulting ministries and Government agencies on collecting tolls at sections of the North-South Expressway built from State capital

BOT investors have not only faced hardship due to the pandemic, but are also struggling with Ministry of Transport regulation of road tolls and State Bank of Việt Nam’s lending policies.

Vice Chairman of the National Traffic Safety Committee Khuất Việt Hùng talks the Vietnam News Agency about proposals to the Government to promote green and environmentally friendly traffic in Việt Nam.

HCM City wants to attract more private investment instead of relying on official development assistance (ODA) to build its remaining metro lines, but experts have said that it faces a difficult challenge.

Prime Minister Nguyễn Xuân Phúc on Wednesday asked ministries and agencies to speed up the installation of electronic toll collection (ETC) systems at toll stations so that by the end of this year, all toll stations included in the national ETC project apply for cashless payment as planned previously.

The world is changing as the ongoing coronavirus (COVID-19) pandemic continues to present unprecedented challenges to all economies, industries and living conditions.

The Ministry of Planning and Investment has asked for corporate income tax (CIT) to be cut for small and medium-sized enterprises (SMEs) by half this year in an effort to boost growth when the COVID-19 pandemic eases.

If approved, Vietnamese companies will be able to tap a huge market with a population of 508 million and a total GDP of about US$19 trillion.

The carrier will conduct interviews and temporary checks on all passengers before they board flights from Europe.