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Vietnam Railways
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Vietnam Railways reports record half-year revenue
Vietnam Railways, the monopoly state-owned railroad operator, has reported record half-yearly revenues of VND4.5 trillion (US$177.13 million), surpassing its full-year earnings for the years 2019-2021.
Vietnam Railways eyes $18M upgrade to two cargo stations
Vietnam Railways Corporation plans to upgrade a cargo station each in the south and north at a price tag of over VND445 billion ($18.48 million).
Vietnam Railways eyes profit in 2023
Train operator Vietnam Railways expects to earn a profit this year after posting losses in three previous years due to the impact of Covid-19.
April 13, 2023 | 04:00 am PT
Vietnam Railways sees smaller losses in H1
State-owned Vietnam Railways Corporation racked up after-tax losses of VND30 billion (nearly $1.3 million) in H1, down from losses of VND100 billion in the same period last year.
September 21, 2022 | 12:11 am PT
Vietnam-Europe freight train launched
A freight train left Hanoi for Belgium for the first time on Tuesday, carrying containers of garments, textiles and leather shoes.
July 20, 2021 | 08:30 pm PT
Vietnam Railways posts first H1 loss in a decade
Vietnam Railways Corporation (VNR) posted a H1 pre-tax loss of VND304 billion ($13 million) this year, the first such instance in a decade.
August 14, 2020 | 05:11 pm PT
Vietnam rail operators eye launch of freight trains to Europe
Vietnam Railways Corporation plans to operate freight trains to China and onward to third countries such as Russia and others in Europe this year.
June 28, 2020 | 08:57 pm PT
Vietnam Railways struggles to compete with budget carriers
The Vietnam Railways Corporation (VNR) has admitted its inability to meet performance targets because of competition from low-cost airlines.
January 8, 2020 | 05:51 pm PT
Consecutive crashes signal alarming week for Vietnam Railways
Four accidents reported in as many days left two people dead and the north-south tracks badly interrupted.
May 28, 2018 | 05:28 pm PT
Vietnam needs $1.8 billion for rail upgrade to double speed
Trains on the north-south line are moving at a very slow speed of less than 45 kilometers (28 miles) per hour.
December 23, 2016 | 05:44 am PT
Vietnam's budget airlines soar past passenger trains
Despite holding a monopoly on the market, Vietnam Railways has been derailed by air transport.
August 25, 2016 | 09:19 pm PT
Transport costs for North-South route soar after rail bridge collapse
The collapse of the Ghenh Bridge that shut down the North-South railway has left businesses struggling with a surge in transport costs.
April 1, 2016 | 01:29 am PT