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

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.

Despite the supporting policies soon ahead, state-owned transport giants will take some time to recover from the global health crisis as a fault in global supply chains remains apparent.

JSC RZD Logistics, a subsidiary of Russian Railways, said it will organise trains from Russia to Vietnam’s Yen Vien station through China.

State-owned transport giants Airports Corporation of Vietnam, Vietnam Airlines, Vietnam Railways, and Vietnam Maritime Corporation suffered all-time biggest losses in the first quarter of 2020 due to COVID-19

Vietnam Railways (VR) said that its revenue dropped 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.

Prime Minister Nguyen Xuan Phuc has ordered an analysis on a proposal to move Vietnam Railways (VR) under the umbrella of the transport ministry following legal confusion that left the corporation with no budget for railway maintenance.

Passenger Train T8701/MR2 from China to Vietnam will be suspended as from 18:05 on February 4 amidst the spread of the acute respiratory disease caused by the novel coronavirus (nCoV).

Vietnam Railways has launched the Hanoi-Beijing railway line on January 1, 2020 in a move to facilitate people’s travel demand.

Vietnam Railways (VNR) plans to upgrade the country’s rail infrastructure by building 300 new and high-quality train carriages and purchasing more locomotives by 2023.

After the protracted undertaking to attract investors, state-owned railway group Vietnam Railways is struggling to pursue its ambitious divestment plans.

 VietNamNet Bridge – Vietnam Railways (VNR) recently imposed sanctions on and fired more than 10 directors and officers after consecutive train accidents last month, 

Vu Anh Minh, Chairman of the Viet Nam Railways Corporation, tells the Thoi bao Kinh te Viet Nam that the shortage of funds makes investment decisions difficult for the sector.

 VietNamNet Bridge – National railway projects worth billions of US dollars, which have been assigned to the Viet Nam Railway Authority and Viet Nam Railways, will be backed by the Ministry of Transport.