IFC proposes nearly $20m investment in Vietnamese toll system operator VETC

IFC proposes nearly $20m investment in Vietnamese toll system operator VETC

Vietnamese national flags and billboards advertising the 12th National Congress of the Communist Party of Vietnam line a highway in Hanoi, Vietnam. Photographer: Maika Elan/Bloomberg

The International Finance Corporation (IFC), a member of the World Bank Group, has proposed an investment of up to 500 billion Vietnamese dong ($19.8 million) in electronic toll collection (ETC) systems operator VETC Joint Stock Company, according to a disclosure.

Edited by: Joymitra Rai

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