The Nanning branch of China Railway Group Limited reported a sharp increase in freight transport on the China-Việt Nam cross-border railway last year, with trains departing from Guangxi carrying a total of 19,670 containers, marking a staggering annual increase of...
Deputy Prime Minister Hồ Đức Phớc on Tuesday worked with Việt Nam Expressway Corporation (VEC) on solutions to improve the highway developer’s financial capacity to implement expressway projects.
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.
Road transport of goods will continue to play a critical and increased role in Southeast Asia including Việt Nam as companies look to build more resilient supply chains, experts have said.
The central province of Quảng Trị is developing its infrastructure to facilitate coal transport from Laos via La Lay International Border Gate in A Ngo commune of Đakrông district.
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).
In the future, other providers such as Visa can sign contracts with VETC, VDTC to connect payment methods and vehicle owners can choose Visa wallets to connect payments.
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 Ministry of Transport plans to disburse a sum worth VNĐ75.824 trillion (US$3.03 billion) or 98.5 per cent of the allocated public investment this year, according to the ministry’s Department of Planning and Investment.
Vietjet will collaborate with the Department of Civil Aviation of Laos to implement aviation-related projects and further expand air transport activities in Laos, which is expected to up to 2,500 new jobs in the aviation sector.
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.
After many years of restructuring the transport market, the transport market share now is less than 1 per cent for railway, and less than 20 per cent for maritime and waterway. The transport activities mainly depend on roads.
Ancillary and cargo revenue amounted to nearly VNĐ21 trillion, surging over 60 per cent year-on-year or accounting for 39 per cent of the total air transport revenue.