Business

Railway corp. shakes hand with Tan Cang Sai Gon

The Vietnam Railway Corporation (VNR) will ink a deal with the Saigon Newport Corporation this April to build two inland container depots (ICDs) in southern Binh Duong province and Hanoi.
Railway corp. shakes hand with Tan Cang Sai Gon ảnh 1 A corner of ​Saigon Newport Corporation. (Photo: VNA)

Hanoi(VNA) – The Vietnam Railway Corporation (VNR) will ink a deal with the ​Saigon Newport Corporation this April to build two inland container depots (ICDs) insouthern Binh Duong province and Hanoi.

New VNR Chairman VuAnh Minh said the two ICDs will be constructed in Song Than Industrial Park inBinh Duong and in Dong Anh district, Hanoi.

Saigon Newport isa military-run company which accounts for half of the country’s market share ofcontainer shipping services, he noted, adding that it has also gained bigproportions of the container market share, 90 percent and 70 percent, in Ho ChiMinh City and Ba Ria - Vung Tau province, respectively.

The VNR will alsosign an agreement with the Vietnam Tourism Association and Nha Trang businessassociation in Khanh Hoa to increase the number of rail passengers.-VNA
VNA
#Vietnam Railway Corporation #Saigon Newport Corporation #inland container depots #ICD #railway transport
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