Party General Secretary and State President Nguyen Phu Trong on October 12 requested that Hanoi make comprehensive and stronger improvements in all aspects so as to develop faster and more sustainably.
Chairman of the International Affairs Committee of the Federal Council of Russia Konstantin Kosachev has lauded Vietnam’s efforts in its capacity as Chair of the 41st General Assembly of ASEAN Inter-Parliamentary Assembly (AIPA-41) in ensuring AIPA’s activities amid the global COVID-19 outbreak.
The Vietnam Railways Corporation (VNR) has asked the Ministry of Transport to propose Prime Minister Nguyen Xuan Phuc extend the expiry for locomotives and carriages by three years.
The establishment of diplomatic ties between Vietnam and China on January 18, 1950 was an important historical milestone, opening up a new period in the traditional relations between the two nations.
The railway sector is looking to attract more investment and improve its competiveness, but the lack of capital as well as mechanisms and policies has hampered its development.
Vietnam Railways (VNR) plans to upgrade rail infrastructure to satisfy passenger demand by building 300 new carriages and purchasing more locomotives by 2023 to provide better services.
State-owned railway company PT Kereta Api Indonesia (KAI) Persero is working with private logistic railway service firms Servo Railway and Progress Rail for designing locomotives run on B100 biodiesel.
The labour productivity gap between Vietnam and other countries in the region continues to expand and the economy will face huge challenges to catch up with regional countries in the time ahead.
High-speed railway invested to reach a speed of about 200 or more than 300km per hour is still receiving mixed opinions on the feasibility and ability to master technology of the country.
Up to 80 percent of the 19 State-owned economic groups and corporations under the management of the Committee for Management of State Capital at Enterprises (CMSC) earned profits in the first half of this year, fulfilling more than half of their yearly targets, according to the committee.
Quang Ninh province has made breakthroughs in local development, and is making efforts to become a centrally-run city and one of the economic locomotives of the northern region by 2025.
The railway industry can increase the localization rate of locomotives and wagons if policy mechanisms and shortcomings of capital are lifted in order to promote the development of the sector.
A project to upgrade weak bridges and reinforce bridge pillars on the railway route connecting Hanoi and Ho Chi Minh City will help increase their capacities and ensure safety for trains and passenger
The Vietnam Railways (VNR) is aiming for 8 percent growth for 2019, with a revenue rise of at least seven percent despite the fierce competition of low-cost airlines and a wide network of highway.
The Vietnamese Government highly appreciated investors from the Republic of Korea (RoK), including Samsung, for their efforts towards maintaining the RoK’s position as the largest foreign investor in Vietnam for many years, said Deputy Prime Minister Trinh Dinh Dung.
Prime Minister Nguyen Xuan Phuc asked the Ministry of Planning and Investment to shift its way of thinking in order to meet the national development demands, during a working session in Hanoi on February 19.