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Update news vietnam's railway transport
In the first six months of the year, Vietnam Railway Corporation's total revenue rose by 10 per cent year-on-year to more than VNĐ4.5 trillion, including VNĐ3 trillion from the parent company, up by 11.2 per cent.
PM Pham Minh Chinh expressed Vietnam's eagerness to enhance transport connectivity, including railways, for green development and national growth during a meeting with Lou Qiliang, Chairman of China Railway Signal Corporation (CRSC), on June 25.
In less than a month, the vital Hanoi-HCM City railway line (North-South railway) experienced two landslides
North-South rail service has come to a grinding halt in Vietnam after the Deo Thi railway tunnel in the south-central province of Phu Yen, collapsed on May 21.
In an effort to diversify its customer base, the railway sector has regularly upgraded and improved infrastructure and services. Many luxury trains have been put into operation recently, attracting a large number of tourists.
A 12-carriage freight train set off on a new route from Cao Xa railway station in northern Hai Duong province on May 2, linking between Vietnam and China.
A luxury train service has been launched from HCM City to Da Nang following the start of a recent similar service to the central city from Hanoi.
The People’s Committee of Lang Son Province and investors will start construction of the expressway section from Huu Nghi (Friendship) border gate to Chi Lang border gate on April 20.
Vietnam Railways Corporation officially launched a train service to meet tourists' demand at nighttime in the resort town of Da Lat in the Central Highlands province of Lam Dong on April 14.
After several years of restructuring the transportation market, the railway sector still holds less than 1 pct market share, while maritime and waterway transportation accounts for less than 20 pct, with road transport remaining the predominant mode.
The 140-year-old railway will undergo the most significant infrastructure transformation in decades, as the North-South high-speed railway project will be submitted to the Politburo in March, and the National Assembly within this year.
A memorandum of understanding (MoU) on cooperation to improve road traffic safety in Vietnam in the 2024 – 2026 period was signed between the Department of Roads of Vietnam (DRVN) under the Ministry of Transport and 3M Corporation of the US.
Private investors are expected to be gain interest in railway infrastructure development projects that have so far not had significant success in raising private capital.
Vietnam Railway Authority is working with its Chinese counterpart to create a standard gauge rail link between the two nations in Lao Cai Province.
Set to come into effect from January 1, 2024, the new guidelines aim to create a more secure and efficient travel experience for both domestic and foreign passengers.
The construction of the North-South high-speed railway attracts much attention from experts, especially after the introduction of the third scenario.The Government is carefully considering the positives of each method before reaching a final decision
The approval of the North-South high-speed railway project is expected by 2025 and construction on the priority routes of Hanoi - Vinh and HCM City - Nha Trang is expected to kick off prior to 2030.
Amidst fierce competition with road and air transport, the railway sector has worked on improving its service quality in recent times to bring new experiences to passengers, and achieved excellent results.
A workshop discussing measures to exploit the potential of the Vietnam - China - Russia international intermodal rail transport route was held in Moscow on November 15.
The Commission for the Management of State Capital at Enterprises is seeking approval for the scheme to reorganise the Vietnam Railway Corporation (VNR) by the year 2025.