Alleviate traffic congestion in Vietnam, establish toll booths and improve ETC

Ho Chi Minh has set up a tollhouse to reduce traffic congestion

Ho Chi Minh has tollhouses around Ho Chi Minh to alleviate traffic congestionInstallation

The Ho Chi Minh City Transportation Authority will spend VND250 billion ($ 10.7 million) to build tollhouses in 34 locations in the city.

According to the proposed plan, tollhouses will be built on the borders of the 1st, 3rd, 5th, and 10th wards, restricting access to the city center and alleviating traffic congestion. increase.

Tollhouses are planned around the intersection of Hoang Sa, Ba Thang Hai, Le Hong Phong, Ly Thai To, Nguyen Van Cu, Vo Van Kiet, Ton Duc Thang, Nguyen Phuc Nguyen Road and Cach Mang Thang Tam Road. increase.

To the city budget of Ho Chi Minh City through the tollhouse set up

Tollhouses are collected when entering the city center and not when traveling from the city to the suburbs. Also, motorcycles are excluded. 

The project will be completed by 2021 and the collected fees will be used for the city's budget.

Ho Chi Minh City Car Increase

According to a survey by the Ho Chi Minh City Police Station, the Ho Chi Minh City Economic Zone, which has 13 million people, is estimated to have about 7.8 million motorcycles and about 750,000 cars.

Ngo Hai Duong, head of road development at the Ho Chi Minh City Transport Authority, said that the number of registered cars in the city increased by 15% and the number of motorcycles increased by 6% in the last six months.

Investment plan for tollhouses

Taking a similar measure in Singapore as an example, Ho Chi Minh City explained that it could recover its investment in two years.

This is not the first time Ho Chi Minh City authorities have requested a tollhouse for cars entering the city center. In 2010, the city's People's Committee accepted a proposal to build a similar tollhouse. However, the plan was abolished two years later due to opposition from experts and the general public.

Development of ETC, Prime Minister of Vietnam instructed promotion

Increase transparency of tollhouses by improving ETC

Vietnam's Prime Minister Hook is promoting the establishment of ETC tollhouses for all BOTs (build-operation-transfers) nationwide.

The Prime Minister promptly set up ETC tollhouses nationwide to create favorable conditions for drivers and to ensure transparency in toll collection, to promptly charge ETC tolls to the Ministry of Transport and local government committees. Requested measures to improve the place.

With the maintenance of ETC, the ETC fee will be automatically deducted from the account

The Prime Minister is requesting the Ministry of Information and Communication to disseminate information in order to raise awareness among drivers regarding ETC fee collection and related regulations. ETC tolls are automatically deducted from your bank account when the driver uses the ETC lane, and a text message is sent to the account holder's mobile phone.

Ho Chi Minh real estate investment, Vietnam with remarkable population growth

This time, we have introduced the measures taken by the government authorities regarding Ho Chi Minh, an economic city in Vietnam, where the population is rapidly increasing. In Vietnam, the population to Ho Chi Minh and Hanoi is currently increasing rapidly. Similar to Japan's economic growth period, the tendency of people working in rural areas to concentrate in the capital and economic metropolitan areas is remarkable.

Speaking of traffic congestion in Asia, many people may imagine Bangkok, Thailand. Currently, the Vietnamese government is proceeding with measures with reference to Thailand and China in order to minimize economic loss due to traffic congestion.

Prices of real estate in Ho Chi Minh are also rising, boosted by the rapid increase in the population. Over the last few years, we have recorded a rise in real estate prices of about 10%.

Despite the remarkable population growth, real estate investment is still affordable compared to Thailand and Malaysia. Please feel free to contact us, even if it is a trivial matter.

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We support clients to buy and rent real estate (condominiums, serviced apartments, offices, business land) in Ho Chi Minh. We also provide you with the latest information about Ho Chi Minh City and Vietnam through the internet.

If you have any questions or requests, including condominium and property information, as well as local information about Ho Chi Minh City, please feel free to contact us.