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Update news railway
New transport projects have kicked off, while many undergoing projects are being implemented slowly. These are problems Minister Nguyen Van Thang will need to solve.
Early construction of a high-speed railway between HCM City and Can Tho is expected to spur inter-regional development.
The Vietnam Railway Project Management Board has submitted a project with total investment of US$95.88 million to improve railway connections between Vietnam's Lao Cai Station and China's North Hekou Station.
The money for railway maintenance is available, but remains inaccessible to maintenance units because no final decision has been made on whom to allocate capital - the Vietnam Railway Authority (VRA) or Vietnam Railways (VNR).
The Chinese workers will be quarantined for 14 days as required by Vietnam's Ministry of Health.
The Ministry of Transport’s Railway Project Management Board has invited bids for the upgrade of six dilapidated bridges along the North – South railway in central Da Nang city and Quang Nam province.
The North-South trains are currently the most optimal means for many passengers when they need to travel in the context of coaches and taxis are not operating and the aircraft is operating only in limited time slot.
Despite strong efforts, state-owned Vietnam Railways may face a downturn this year due to the COVID-19 pandemic and challenges from legal barriers.
The Hanoi Railway Transport Joint Stock Company has temporarily suspended the operation of several routes due to a shortage of passengers as of Monday.
The transport sector will strive to complete 10 road projects and commence four railway upgrade projects in 2020 which have been approved by the National Assembly Standing Committee (NAST).
Vietnam is now a magnet for overseas financiers wishing to implement infrastructure initiatives before transferring them to the state.
Urban railway projects have been proceeding slowly and investment capital has become many times higher than initially estimated.
The Hanoi station-Nhon elevated railway project will be completed by 2022 after trains are brought to Vietnam in July 2020.
VietNamNet Bridge - The Democratic People's Republic of Korea (DRPK) President Kim Jong-un took a train to Vietnam to attend the US-DPRK Summit in Hanoi on February 27-28.
VietNamNet Bridge - The north-south highway would have a total length of 2,100 kilometers, running across 32 provinces and cities, and would be built in three phases.
Outdated technology, monopolies and lack of competitiveness: they all describe Vietnam’s railway system.
The Ministry of Transport (MoT) has asked concerned organisations to investigate two consecutive breakdowns in which a train was derailed twice at Yen Vien Railway Station
VietNamNet Bridge - With a small transport market share, the railway sector does not have money to upgrade infrastructure, locomotives and wagons. With poor infrastructure and facilities, it cannot attract many passengers.
Established in 1997, the northern key economic region, which includes seven northern provinces, enjoys geographical and development advantages.
VietNamNet Bridge - The modest investment in railways in the last 100 years, as well as high management costs and ticket prices have pushed the railway sector into an impasse.