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Viet Nam Railways Corporation

Railway sectors revenue up 17% in H1

Railway sector’s revenue up 17% in H1

The railway sector has implemented many solutions to promote transport. Costs of maintenance and management are also increasing.
Ha Noi, Sai Gon railway companies merger proposal

Ha Noi, Sai Gon railway companies merger proposal

The Committee for Management of State Capital at Enterprises (CMSC) has proposed merging two member companies of the Viet Nam Railways Corporation (VNR) in an effort to slash costs and improve efficiency as the industry struggles with the impacts of the...
Railways promote development of logistics services

Railways promote development of logistics services

In the context of complicated developments of the COVID-19 epidemic and difficulties in passenger transport, the railway industry is accelerating logistics services to reduce challenges for business. Nguyen Hoang Thanh, Deputy General Director of Railway Trading and Transport Joint Stock...
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.
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 to sell all stakes in 19 subsidiaries

VNR to sell all stakes in 19 subsidiaries

The Viet Nam Railways Corporation (VNR) plans to complete divestment in 19 other subsidiaries during the first quarter of this year, Doan Duy Hoach, VNR''s deputy general director said at the company''s meeting on Tuesday.
Six railway officials charged, detained for ‘abusing power

Six railway officials charged, detained for ‘abusing power'

The Ministry of Public Security took into custody six railway officials last Friday on charges of "abusing power while on duty" and "irresponsibility causing serious consequences" following a one-month investigation.