Toll collection on National Highway 51 set to stop this Friday
HCMC – The Department for Roads of Vietnam has informed the Ministry of Transport of its decision to suspend toll collection on National Highway 51 which links Dong Nai and Ba Ria-Vung Tau provinces, reported the local media. Toll collection on the busy highway was earlier planned to be stopped on
Tolls adjusted up on four expressways as VAT back to 10%
HCMC – Tolls on four expressways in the country have increased slightly since January 1, 2023, as the value-added tax (VAT) was adjusted up from 8% to 10%, according to the Vietnam Expressway Corporation (VEC). The four expressways are Noi Bai-Lao Cao, Cau Gie-Ninh Binh, Danang-Quang Ngai and
Highway 51 toll collection yet to be discontinued
HCMC – Due to prolonged negotiations over financial matters, toll collection on National Highway 51 will not be suspended from December 17 as earlier proposed by the Department for Roads of Vietnam. After 17 rounds of negotiations, the department and the project’s investor, Bien Hoa – Vung Tau
Franchising of toll collection on State-funded expressways considered
HCMC – The Ministry of Transport has requested relevant agencies to weigh franchising toll collections on State-funded expressways, which would enable the Government to recover capital immediately to finance other traffic projects. Though the Government has allocated up to VND300,000 billion to
Transport Ministry moots shortening toll collection period for Highway 51
HCMC – After 15 rounds of negotiations, the Department for Roads of Vietnam under the Ministry of Transport and the investor have yet to agree on when to stop toll collection on National Highway 51. Under the project agreement, the estimated toll collection period would last 20 years and six