The Vietnam Railways Corporation also plans to increase trains during the holiday at prices only 77-84 per cent of those offered during peak time in summer.
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.
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.
Heavily impacted by the COVID-19 pandemic, the Vietnam Railways Corporation (VNR) has made great efforts to reduce losses by actively targeting cargo transport instead of just passenger transport.
The Vietnam Railways Corporation has lost VND1.32 trillion (US$57.4 million) in revenues due to the COVID-19 pandemic and flooding in the central region.
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 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.
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.
Viet Nam could cease to have an operating train system in less than two weeks unless a funding issue at Vietnam Railways (VNR) is resolved, an official has said.
Vietnam Railways (VR) said that its revenue ped by nearly VND65 billion (US$2.8 million) in the past 19 days compared to the same period last year due to the novel coronavirus outbreak.
Vietcombank and Vietnam Railways (VNR) on Thursday signed a comprehensive strategic co-operation agreement in Ha Noi, marking an important step in the development of their relationship.
Vietnam Railways (VNR) has targeted a revenue growth of over eight per cent on last year’s figure of VND8.17 trillion, Vu Anh Minh, the corporation’s chairman, said on January 20.