IFC mulls $20 million investment in VETC to expand electronic toll collections

IFC mulls $20 million investment in VETC to expand electronic toll collections

International Finance Corporation is considering a five-year convertible bond of up to VND500 billion ($19.8 million) to support VETC JSC's expansion.
ETC poised to deliver over $5 billion to Vietnam by 2030

ETC poised to deliver over $5 billion to Vietnam by 2030

The widespread adoption of electronic toll collection systems could generate an extra $5.3 billion in revenue for Vietnam by 2030.
Nearly 5 million vehicles attached electronic toll collection tags

Nearly 5 million vehicles attached electronic toll collection tags

More than 4.96 million vehicles nationwide have been attached electronic toll collection (ETC) tags, equivalent to 96 per cent of the total number of vehicles registered to use the service, the Ministry of Transport has reported.