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Ho Chi Minh City
Tuesday, July 16, 2024

ETC proposed for roadwide parking fee collection

By Minh Hoang

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HCMC – The Voluntary Youth Public Benefit Service Company Limited has proposed the government of HCMC replace the mobile app “My Parking” with electronic toll collection (ETC) systems.

According to the company, the My Parking app has proven to be inconvenient for both car owners who park their vehicles along certain roadsides and the operator due to the time-consuming process and errors.

ETC enables easy top-up and helps improve revenue by 30-50% and cut staff by 50% and software rent by 40%.

The company said that if the proposal is approved, ETC systems can be installed in early December.

The city government has sent documents to relevant agencies for review and consultation. The My Parking app has been used to collect parking fees since 2018, with a charge ranging from VND20,000 to VND40,000 per hour.

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