Ministry bumps into difficulty as investment in roads still prevails
The Ministry bumped into difficulties in restructuring the transport market share when investment in roads still prevails.
Cheap plane, train tickets to tourist destinations offered on National Day
Prices of plane and train tickets to tourist destinations for coming National Day (September 2) holiday have cooled down, and many are still available.
Ministry asks for urgent repair of French-era bridge
The Ministry of Transport has requested the Vietnam Railway Authority and the Vietnam Railways Corporation (VNR) to take immediate measures to ensure safety of Long Bien Bridge in Hanoi after the collapse of two concrete floor tiles on the bridge in May.
Railway sector expects over US$200 mln to upgrade weak bridges, tunnels
The Vietnam Railways Corporation (VNR) has proposed the Ministry of Transport allocate a total of VND4.76 trillion (US$208.1 million) to repair and upgrade weak bridges and tunnels so as to increase the capacity of trains and ensure traffic safety.
US$75 million to be spent for railways upgrade, renovation
Vietnam Railways Corporation (VNR) has just petitioned the Ministry of Transport for allocating costs of repairing, renovating and upgrading unsafe bridges and separate traffic at intersections between roadways and railways on bridges from 2022 through 2023.
Six State-owned corporations fail to achieve revenue targets
Six State-owned enterprises and corporations, including Vietnam Airlines Corporation, Airports Corporation of Vietnam, Vietnam Railways Corporation, Vietnam Coffee Corporation, and Vietnam Southern Food Corporation, failed to meet the annual revenue and profit targets. Vietnam Electricity could not achieve the revenue target despite having obtained the profit plan.
Railway opens ticket sales for Tet holiday
The Vietnam Railways Corporation, on January 5, informed that the railway industry started selling train tickets from Hanoi and Saigon train stations to serve people during the 2022 Lunar New Year.
Railway sector earns nearly US$132,000 on first day of selling tickets
The Vietnam Railways Corporation yesterday said that a total number of 2,243 train tickets for the upcoming Tet holiday have been sold so far, bringing a turnover of nearly VND3 billion (US$132,000) after 24 hours of opening the sale.
Vietnam Railways Corporation proposes US$34.5 mln interest-free loan
Vietnam Railways Corporation yesterday proposed the Committee for Management of State Capital at Enterprises (CMSC) for
many solutions to overcome the current difficulties, especially interest-free loan worth US$34.5 million to maintain its production and business activities.
many solutions to overcome the current difficulties, especially interest-free loan worth US$34.5 million to maintain its production and business activities.
Railway industry struggles to overcome difficulties
The Vietnam Railways Corporation (VRC) has recently forecasted that due to the impacts of the Covid-19 pandemic, the corporation will suffer a loss of more than VND616 billion.
Vietnam’s railway industry remains ailing
The production and revenue of the Vietnam Railways Corporation (VRC) in 2019 failed to meet its plan and were much lower than those in the same period in the previous year. At the same time, the prospects of the railway industry remain pessimistic for the following years.