The Vietnam Railway Corporation (VNR) has sent a written document requesting the Ministry of Transport to report to the Prime Minister its proposal on establishing a joint venture to develop the railway industry.
The government should focus on building infrastructure, while the private sector equips it with supporting facilities, from which they can generate profits to recover their investments, say experts.
The newly approved plan for managing and exploiting State-owned railway infrastructure is key to enhancing and boosting the performance of the Việt Nam Railway Corporation (VNR).
The Ministry of Transport said priority will be given to developing the railway to promote its advantages in transporting large volumes, its speed, safety, convenience, cost and for how it protects the environment.
The latest section of Hà Nội’s urban railway has opened. It runs from Nhổn to Cầu Giấy and will eventually connect to Hà Nội Station through the underground. Passengers who took the first trips were delighted to experience the journey.
Ninh Bình welcomed more than 6.28 million tourist arrivals during the first half of this year, including over 500,000 foreigners, up 38 per cent year on year.
In the first six months of the year, Vietnam Railway Corporation''s total revenue rose by 10 per cent year-on-year to more than VNĐ4.5 trillion, including VNĐ3 trillion from the parent company, up by 11.2 per cent.
The merger of Hà Nội and Sài Gòn railway companies into Railway Transport JSC with over VNĐ1.3 trillion (US$51.2 million) in capital will be completed by year-end.
The CT Group recently proposed that the Prime Minister approve investment of US$9.98 billion to build a high-speed railway linking HCM City and the Mekong Delta’s Cần Thơ City.
The Vietnam Airlines Group, comprising Vietnam Airlines, Pacific Airlines and VASCO, is set to add 66,200 seats on 310 domestic flights from January 25 to February 24, covering the festival period.
CMSC has just submitted a report to Deputy Prime Minister Lê Minh Khái on approving the project to restructure Vietnam Railway Corporation (VNR) by 2025.
The Ministry of Transport accepted a joint venture’s proposal on developing Vũng Áng – Tân Ấp – Mụ Giạ railway project under the form of Public-Private Partnership (PPP).