MHI, Sojitz and VietinBank Sign Memorandum with Vietnamese Ministry of Transport on Demonstration Project to Integrate Country's ETC Systems
OREANDA-NEWS. September 11, 2015. Mitsubishi Heavy Industries, Ltd. (MHI), Sojitz Corporation and the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), a state-owned bank based in Hanoi and owned roughly 20% by The Bank of Tokyo-Mitsubishi UFJ, have concluded a memorandum with the Directorate for Roads of Vietnam (DRVN) / Vietnamese Ministry of Transport (MOT) on a demonstration project targeting the integration of Vietnam’s expressway electronic toll collection (ETC) systems.
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