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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.

BOT road investors face quality backlash

BOT road investors face quality backlash

The Ministry of Transport (MoT) had decided to stop collecting tolls from build-operate-transfer (BOT) roads that had quickly fallen into disrepair after opening.

Work on North-South Expressway to begin next year

Work on North-South Expressway to begin next year

Construction of the eastern section of the North-South Expressway will start next year, and is scheduled to finish by 2021, the Ministry of Transport (MoT) announced on September 17.

New barrier to weigh on car imports

New barrier to weigh on car imports

After the Ministry of Transport’s approval of the vehicle type approval (VTA) certification issued by the Thai and Indonesian governments, a new barrier is being formed to tighten the flow of car imports from ASEAN countries.

Efforts to improve environmental protection in transport

Efforts to improve environmental protection in transport

The Ministry of Natural Resources and Environment (MONRE) and the Ministry of Transport (MOT) have agreed to work more closely together to protect the environment and cope with climate change in the field of transport during the 2018-2021 period.

Vinalines announces mid-year IPO

Vinalines announces mid-year IPO

Vietnam’s state-owned shipping giant Vinalines announced conducting its equitisation by staging its initial public offering (IPO) in mid-2018.

ACV prepares for colossal divestment

ACV prepares for colossal divestment

The state will divest about 20 per cent of its stake – more than 435 million shares – in Vietnam’s largest state-owned airport operator in the third quarter of next year.

Transport Ministry to cut airport budget deficit

Transport Ministry to cut airport budget deficit

The Ministry of Transport (MoT) has proposed to the Prime Minister four different plans to operate airfields in the future, aiming to narrow a yawning gap between the Airports Corporation of Vietnam (ACV)’s revenue and expenditures.

ACV to invest nearly $2 billion to upgrade key airports

ACV to invest nearly $2 billion to upgrade key airports

Aiming to meet the increasing demand for air transportation, Airports Corporation of Vietnam (ACV) decided to mobilise capital to upgrade key existing airports with total investment capital of more than VND45 trillion ($1.98 billion).