Business

Railway sector’s revenue up 17% in H1

The Vietnam Railways Corporation (VNR) revealed on July 6 that its total revenue topped 3.7 trillion VND (156.4 million USD) in the first six months of this year, up 17% year-on-year.
Railway sector’s revenue up 17% in H1 ảnh 1Passenger transport in H1 grows strongly with a turnover of more than 1.2 trillion VND, a year-on-year increase of 83%. (Photo: VNA)
Hanoi (VNA) – The Vietnam Railways Corporation (VNR) revealed on July 6that its total revenue topped 3.7 trillion VND (156.4 million USD) in thefirst six months of this year, up 17% year-on-year.

Of the total, the combined revenue of the VNR’s two affiliates - the HanoiRailway Transport Joint Stock Company (Haraco) and the Sai Gon Railway Transport JointStock Company (Saratrans) - is estimated at 2.5 trillion VND, up 18%year-on-year, with direct takings from transportation activities reaching morethan 1.9 trillion VND, up 25%.

However, while passenger transport grew strongly with aturnover of more than 1.2 trillion VND, a year-on-year increase of 83%, freighttransportation dropped sharply, with only 824 billion VND, equal to about 80%of that the same period last year.

According to the VNR, the railway sector has implementedmany solutions to promote transport.

Regarding passenger transport, the number of trains andtrain schedules have been adjusted to suit passengers’ needs, with focus onshort-distance sections of high travel demand such as Hanoi to Thanh Hoa,Vinh, Dong Hoi, Hue and Da Nang and vice versa, and Ho Chi Minh City to NhaTrang, Phan Thiet and Da Nang and vice versa./.
VNA
#Vietnam Railways Corporation #revenue #H1 #passenger transport #Haraco #Saratrans #Vietnam #Vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

See more

Production at Viet Hai High-Tech Structure Production Company Limited in Vung Ang Economic Zone. Ha Tinh province aims to develop Vung Ang Economic Zone into a regional centre for industry, energy, seaports and logistics (Photo: VNA)

Revised master plan of Vung Ang EZ approved

The adjustment aims to create a more rational development framework to maximise the zone’s potential and advantages while providing a legal foundation for construction management and ensuring sustainable development.

Illustrative image (Photo: VNA)

Vietnam looks to domestic market to sustain wood industry growth

Vietnam’s wood sector has long been a top foreign-currency earner. Exports of wood and wooden products neared 17.3 billion USD in 2025, reaching more than 160 countries and territories and clearing the high bars set by the US, the European Union and Japan.

Delegates at the event (Photo: VNA)

Vietnam remains key market for Polish food producers

The campaign promotes selected European Union agricultural and food products, including fresh, chilled and frozen beef and pork, fresh apples, apple juice and dried apples, targeting consumers, importers, distributors, retailers and the hospitality sector.

Wei Xiaoli, a representative of Shandong Jindafeng Machinery Co., Ltd., in an interview granted to the Vietnam News Agency. (Photo: VNA)

Chinese firms see strong potential for agricultural mechanisation cooperation with Vietnam

Business representatives said mechanisation not only helps reduce reliance on manual labour but also improves production efficiency, shortens planting and harvesting times, reduces post-harvest losses and enhances the quality of agricultural products. For rice-producing countries like Vietnam, they noted, accelerating mechanisation is an inevitable trend to strengthen the competitiveness of the agricultural sector.

Community-led fisheries groups have become frontline defenders of coastal fisheries. (Photo: VNA)

Community-led fisheries groups strengthen IUU fight in Ha Tinh

With a long coastline and abundant inshore fishing grounds, Ha Tinh has long identified the marine economy as a key growth driver. However, growing fishing pressure and destructive practices have posed major management challenges. Community-led self-management initiatives are now providing an effective solution.

At the VIFC-HCMC (Photo: VNA)

700 bln USD for net zero: Vietnam bets on VIFC

Assoc. Prof. Dr. Nguyen Huu Huan, Vice Chairman of the Executive Board of VIFC-HCMC, said the VIFC will focus on building market infrastructure needed to bridge the gap between big investment pledges and bankable projects.

A view of the launch ceremony for the expanded Vietnam–China cross-border QR payment service. (Photo: NAPAS)

Over 1 billion Weixin Pay users can make QR code payments in Vietnam

NAPAS, Weixin Pay, and BIDV will study the rollout of the reverse payment service, enabling users of Vietnamese banking applications and e-wallets to make QR code payments in China, with the aim of completing a comprehensive cross-border payment ecosystem between the two countries.

Vietnam cuts retail fuel prices on August 6. (Photo: VNA)

Vietnam cuts retail fuel prices on August 6

The maximum retail price of E5RON92 biofuel was reduced by 1,160 VND to 21,728 VND (0.83 USD) per litre, while that of E10RON95-III fell by 1,035 VND to 22,324 VND per litre.

Production of electronic components at Star Engineers Vietnam Co. Ltd. in Binh Xuyen I Industrial Park in Phu Tho province. (Photo: VNA)

Vietnam targets higher-quality FDI under Resolution 10

During the first seven months of 2026, Vietnam attracted more than 38 billion USD in registered FDI, up nearly 58% year-on-year. More importantly, the increase was driven by large-scale, high-tech projects rather than a surge in the number of new investments, signalling a significant improvement in the quality of capital inflows.

A woodchip production line at a plant in Vinh Thuy commune, Quang Tri province (Photo: VNA)

Tackling timber supply bottlenecks needed for value-added processing: experts

Vietnam's wood industry has grown rapidly in recent years, with exports reaching 17.2 billion USD in 2025. Wood and wood products are now shipped to more than 140 countries and territories, making Vietnam an important processing hub in the global supply chain, with key markets such as the US, Japan, China, the European Union and the Republic of Korea.