Empowered to manage and use railway infrastructure, the Vietnam Railway Corporation (VNR) has begun the transformation of its business model, with the goal to streamline and improve cargo and passenger services in the modern era.
The Tourism Department in the northern province of Ninh Binh and the Vietnam Railway Corporation (VNR) recently signed a memorandum of understanding on cooperation for 2024-2030, aiming to attract more train passengers to local destinations.
The Vietnam Railway Corporation and the Thua Thien-Hue Provincial People’s Committee are actively working to soon introduce train trips between the two cities of Hue and Da Nang.
A ceremony was held in Hanoi’s Yen Vien station on August 2 to welcome the first freight train on Shijiazhuang (China) – Yen Vien (Vietnam) railway route.
Although an additional 56 more trains will be operated during the upcoming National Reunification Day (April 30) and May Day (May 1) holiday, all tickets have been sold out so far.
Vietnam Railway Corporation (VNR) has requested that the Ministry of Transport urgently invest 1.33 trillion VND (53.5 million USD) to upgrade the railway in the Hai Van Pass area due to the impact of typhoon Sonca in October.
Deputy Prime Minister Le Van Thanh has requested the Vietnam Railway Corporation (VNR) to make drastic reforms so as to address shortcomings and develop the sector further in the time ahead.
The Vietnam Railway Corporation (VNR) has proposed borrowing non-interest loans worth 800 billion VND (34.77 million USD) to deal with its difficulties caused by the COVID-19 pandemic.
Vietnam Railway Corporation (VNR) announced that its revenue in the first five months of 2021 decreased strongly to only 51.4 percent of the figure of the same period last year, due to the impact of the COVID-19 pandemic.
Facing an increasing range of difficulties in business, the railway sector is exerting its maximum efforts to restructure itself for changes and survival.
The Vietnam Railway Corporation (VNR) faces the most difficult period in its history due to the COVID-19 pandemic and flooding in central Vietnam, according to VNR chairman Vu Anh Minh.
The Vietnam Railway Corporation (VNR) estimates a loss of nearly 1.4 trillion VND (60 million USD) after tax in 2020, a massive blow to the company due to impacts of the COVID-19 pandemic.
The Vietnam Railway Corporation planned to add 130 more trains from April 25 to May 5 in order to meet the increasing travelling demand during the National Reunification Day (April 30) and May Day.
A leader of the Vietnam Railway (VNR) Corporation said no countries in the world can complete a national express railway system within a few years because that work needs at least about 20 years.
