Road toll collection to be inspected

The Directorate for Roads of Vietnam has proposed the Ministry of Transport inspect fee collection at the toll station on Phap Van-Cau Gie expressway, to prevent loss of fees.
Road toll collection to be inspected ảnh 1A toll station on the Cau Gie-Ninh Binh Expressway (Source: VNA)

Hanoi (VNA) – The Directorate for Roads of Vietnam has proposed the Ministry of Transport inspect fee collection at the toll station on Phap Van-Cau Gie expressway, the southern gateway to Hanoi, to prevent loss of fees.

The move was made following recent toll collection supervision at the station which found that total collection increased.

The supervision period was conducted over ten days, from July 10 to July 20.

Earlier this year, inspections supervised toll collection at the station following reports of alleged fraud committed by employees. They allegedly collected tolls from drivers at rates lower than those specified by the State without giving tickets to the drivers so that they could pocket the money.

The 10-day inspection discovered an increase of up to 700 million VND (31,400 USD) each day in comparison with the amount collected before the supervision.

However, a representative from the joint investor of the upgrade project on the Phap Van-Cau Gie Expressway explained that the increase resulted from more vehicles using the expressway.

The station is managed by the Vietnam Infrastructure Development and Finance Investment Joint Stock Company.

The Directorate for Roads of Vietnam also proposed the Ministry of Transport to inspect all toll collection tasks at the station from the first day of fee collection.

The fees will be collected for 17 years and three months, starting from October last year, after the upgrade of the Phap Van-Cau Gie highway was completed on a build-operate-transfer (BOT) basis.

The upgrade in the first phase of the two-phase project, with total capital of more than 6.7 trillion VND (315 million USD), includes a revamp of the current four-lane, 25m-wide road. The second phase, worth more than 4.7 trillion VND (223 million USD), involves the expansion of the four-lane highway to a six-lane one, with a width of 33.5m.

It also asked the ministry to soon approve a master plan to increase supervision and transparency in toll collection in road projects managed by the ministry. The plan will focus on building fee collection and supervision software and complete related legal documents and regulations.

The ministry has required all investors of expressway projects to save data on the images of the number of vehicles going through toll stations for at least five years to serve inspection tasks when necessary.-VNA

VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.