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Central bank warns of NPLs from transport projects

Central bank warns of NPLs from transport projects

The State Bank of Vietnam (SBV) has said it would continue to direct credit institutions to strictly control credit in potentially-risky areas such as real estate and securities, especially Build-Operate-Transfer (BOT) and Build-Transfer (BT) transport projects.

PM asks for acceleration of non-stop toll collection implementation

PM asks for acceleration of non-stop toll collection implementation

Prime Minister Nguyen Xuan Phuc has issued an official dispatch asking for the speeding up of the implementation of automated non-stop toll collection on all build-operation-transfer (BOT) highways across the country with a deadline of end of the year.

NA Chairwoman meets voters in Can Tho

NA Chairwoman meets voters in Can Tho

National Assembly Chairwoman Nguyen Thi Kim Ngan dealt with the issues of education, BOT, infrastructure investment, and electricity price, during a meeting with constituents in the Mekong Delta city of Can Tho on June 17.

MoT plans to increase fees at BOT toll booths

MoT plans to increase fees at BOT toll booths

The Ministry of Transport (MoT) is set to propose to the Government a draft plan on fee increases at BOT (Build-Operate-Transfer) toll booths in response to declining revenue.

Transport Ministry proposes fee hike for 37 BOT projects

Transport Ministry proposes fee hike for 37 BOT projects

The Ministry of Transport is seeking opinions from ministries, agencies and localities nationwide for the fee increase of 12-18% for 37 build, operate and transfer (BOT) operated toll road or bridge projects.

Proposal to waive toll road fees during Tet rejected

Proposal to waive toll road fees during Tet rejected

Holiday spirit seems to be in short supply at the Ministry of Transport (MoT), as the body has rejected a proposal to waive road tolls for the first three days of the Tet (Lunar New Year) holidays.

Ha Long-Van Don expressway to officially open on February 1

Ha Long-Van Don expressway to officially open on February 1

The State Council for Pre-Acceptance Test of Construction Works has tested the Ha Long-Van Don expressway, which connects with Ha Long - Hai Phong - Hanoi expressway and Van Don Airport, and agreed to put the road into conditional operation on February 1.

HCM City to deploy 70 traffic projects in 2019

HCM City to deploy 70 traffic projects in 2019

The Department of Transportation of Ho Chi Minh City plans to deploy 70 traffic projects in 2019, in order to boost the implementation of programmes to reduce traffic congestion and accidents in the city.