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VNR to reduce subsidiaries under restructuring plan

VNR to reduce subsidiaries under restructuring plan

The Prime Minister has approved the restructuring of Vietnam Railways to reduce the number of its subsidiaries.
VNR should seek ways to promote logistics services

VNR should seek ways to promote logistics services

Amid the pandemic and difficulties in logistic transport, the railway industry must work out solutions to accelerate logistics services to reduce challenges for businesses, according to industry insiders.
VNR requested to make drastic reforms to address shortcomings and develop

VNR requested to make drastic reforms to address shortcomings and develop

Deputy Prime Minister Le Van Thanh has requested the Vietnam Railway Corporation (VNR) make drastic reforms to address shortcomings and develop the sector.
Railway revenue hits all-time low in August

Railway revenue hits all-time low in August

Vietnam Railways Corporation (VNR) reported its revenue fell to an all-time low in August as the COVID-19 social distancing measures dragged on its passenger transport.
Struggling railway operator asks for 34.5 million interest-free loan

Struggling railway operator asks for $34.5 million interest-free loan

The Vietnam Railways Corporation (VNR) has asked for a loan package worth VND800 billion (US$34.5 million) with zero interest to overcome the difficulties of the COVID-19 pandemic.
Vietnam Railway revenue slumps due to a drop in passengers

Vietnam Railway revenue slumps due to a drop in passengers

Vietnam Railway Corporation (VNR) reported its five-month revenue decreased by 51.4 per cent year-on-year due to the impact of the COVID-19 pandemic.
Viet Nam Railway Corporation braces for 85 million loss

Viet Nam Railway Corporation braces for $85 million loss

The Viet Nam Railway Corporation (VNR) faces the most difficult period in its history due to the COVID-19 pandemic and flooding in central Viet Nam.
Railway sector faces unprecedented difficulties

Railway sector faces unprecedented difficulties

The company earned a revenue of VND4.08 trillion in January - August, equivalent to just 77.8 per cent of the same period last year and 64.4 per cent of its expected revenue for the full year.
Air, rail transportation for farm produce should be improved: experts

Air, rail transportation for farm produce should be improved: experts

Air and rail transportation should be promoted to transport farm produce to reduce logistics costs and increase the competitiveness of export products, experts have said.
VNR launches app to sell tickets

VNR launches app to sell tickets

The Vietnam Railways Corporation (VNR) officially launched an application to buy train tickets and pay online on smartphones from July 15 to improve customer services.
Vietnam Railways estimates a 60 million loss due to pandemic

Vietnam Railways estimates a $60 million loss due to pandemic

Vietnam Railway Corporation (VNR) estimates a loss of nearly VNĐ1.4 trillion (US$60 million) after tax in 2020, a massive blow to the company due to impacts of the COVID-19 pandemic.
VNR proposes extending expiry date for locomotives, carriages

VNR proposes extending expiry date for locomotives, carriages

Statistics of the VNR showed 121 locomotives will not be used from the beginning of next year to 2026 due to the age rule, leaving it with only 141 by 2026.
Vietnam Railways Corporation takes online transport orders

Vietnam Railways Corporation takes online transport orders

More than 150 passenger trains between localities in Viet Nam have been stopped temporarily due to the pandemic. 
VNR launches online payment service via mobile app

VNR launches online payment service via mobile app

Vietnam Railway Corporation (VNR) launched the mobile service of booking and paying for train tickets via MoMo application on May 7.
VNR aims to raise modest 6.2m from share sale

VNR aims to raise modest $6.2m from share sale

The Vietnam Railway Corporation (VNR) hopes to raise at least VND139 billion (US$6.2 million) in 2018 from selling its ownership in 15 subsidiary and affiliate companies.