Electronic Toll Collection (ETC) Deployment on Highways: Global Patterns, Estimated Gains from the Case of Vietnam, and Policy Discussion
02 Oct 2024
- The global ETC market is rapidly growing, especially in Asia-Pacific. The highway segment drives this growth, with RFID leading but emerging technologies also influencing the market.
- Vietnam’s shift to ETC has significantly reduced travel time, fuel consumption, and CO2 emissions, boosting productivity and user satisfaction.
- Government support, including a dedicated task force and universal ETC mandate, was crucial for Vietnam’s swift implementation, highlighting the role of leadership and Public-Private Partnerships in digital transformation.