Various state-run transport giants in Vietnam are seeking to diversify investment sources and restructure in order to sufficiently pull out of the mire of the last couple of years.

The Vietnam Railway Corporation (VNR) incurred losses of some VND1.3 trillion last year due to Covid-19 and continuous storms in the central region.

Vietnam Railway Corporation (VNR) estimates a loss of nearly VND1.4 trillion (US$60 million) after tax in 2020, a massive blow to the company due to impacts of the COVID-19 pandemic.

The Vietnam Railways Corporation (VNR) has asked the Ministry of Transport to propose Prime Minister Nguyen Xuan Phuc extend the expiry for locomotives and carriages by three years.

The Vietnam Railway Corporation (VNR) is facing losses of over VND600bn (USD26m) in 2020 because of Covid-19.

The Vietnam Railways Corporation (VNR) has asked the Government for a bailout of VND60 billion (US$2.5 billion) to support three local routes suffering devastating drops in travel demand due to COVID-19.

Vu Anh Minh, chairman of the State-owned Vietnam Railways Corporation said that the railway sector would be able to implement autonomy and mobilise capital investment on its system if subsidies and red tape were eliminated.

Many private investors say they want to develop railway projects but have given up because of certain policies.

The Vietnam Railways Corporation (VNR) may have to stop running trains because of the lack of a policy to allocate money for train maintenance.

Vietnam could cease to have an operating train system in less than two weeks unless a funding issue at the Vietnam Railways Corporation (VNR) is resolved, an official has said.

The Vietnam Railways Corporation (VNR) is set to submit an ambitious plan to the Government regarding railway infrastructure exploitation.

In 1881, when the French occupied Sai Gon during the first Indochina War, they built the first railway in Vietnam. It was also one of the first in the region and the most modern in Southeast Asia.

 VietNamNet Bridge – Vietnam Railway (VNR) aims to accelerate its growth to a rate of 8 per cent in 2019 after suffering depression from 2015 to 2017.

 VietNamNet Bridge – Vietnam Railways (VNR) has asked railway companies to install cameras at level-crossing barriers to improve the safety of pedestrians.

 VietNamNet Bridge – Viet Nam Railways (VNR) has proposed a project to the Ministry of Transport to repair and upgrade 100 level crossings on the North-South railway route.

 VietNamNet Bridge – Some 170,000 seats are available for railway passengers going from north to south Vietnam and vice versa before and after the Tet (Lunar New Year) holidays.

VietNamNet Bridge – From October 1, Vietnam Railways Corporation will start to sell train tickets for the upcoming Lunar New Year holiday, with fares for the Hanoi-HCMC services 2-15% lower than the previous Tet.

 VNR, Vingroup cooperate in rail infrastructure investment, Agriculture sector’s 7-month exports plunge, Vietnam strives to improve its trade statistics for ASEAN, HCM City sees sound economic data for past year

 VietNamNet Bridge – The Viet Nam Railways Corporation (VNR) recently submitted a proposal to the Ministry of Transport to upgrade 22 tunnels on the railway line between Ha Noi and HCM City.