Update news railway transport
The Vietnam Railways Corporation (VNR) on February 21 started the first international freight transport train in the Year of the Dragon from Song Than station in Binh Duong province to Zhengzhou in China's Henan province.
Two high-quality trains SE19 and SE20 were launched into operation on the Hanoi – Da Nang route on October 20 by the Vietnam Railway Corporation.
The Ministry of Transport has allowed a joint venture between Laos Petrotrade and Deo Ca Group to conduct a pre-feasibility study for a section of the Vietnam-Laos railway project.
Authorities of southern Binh Duong province and the Vietnam Railways Corporation (VNR) held a ceremony on September 27 to launch an international multimodal train transporting goods from Song Than station to China.
For years, the railway industry has grappled with the challenge of sourcing significant funds to replace outdated locomotives and carriages to meet regulatory requirements and industry standards.
Deputy Minister of Transport Nguyen Danh Huy has said Spain can invest in Vietnam’s transportation industry and launch education and training programs for local personnel, particularly in railway projects.
The Ministry of Transport on February 18 inaugurated an international freight transportation service at Kep railway station in Bac Giang province, linking Vietnam and China and other countries in Europe.
The Ministry of Transport has submitted a plan to increase international freight transport by rail by 2030, with a target of shipping between 4 and 5 million tonnes.
The initial successes of the railway container transport network from Vietnam to Europe have inspired engagement with the international railway network.
Hanoi and Saigon railway companies, the two subsidiaries of the Vietnam Railway Corporation (VNR), reported their respective after-tax profits of almost VND35.2 billion and over VND38.3 billion in January-September.
The 131-km-long railway project was approved in 2004, and construction started the following year. However, the project's completion has been delayed several times.
We have to make an important choice which will determine the future of the transport sector and give a driving force to economic development.
A container train service linking Danang City of Vietnam and Europe has been suspended due to concerns over the Russia-Ukraine military conflict, according to the Vietnam Railway Corporation (VNR).
The Vietnam Railways Corporation has asked the Ministry of Transport to allocate over $74.7 million for the reparation and upgrade of weak railway bridges in the 2022 – 2023 period.
International transport through rail carriage to European countries via China grew rapidly in 2021. However, the advantages of this transport have not been fully exploited because of poor infrastructure.
Most urban railway projects in Vietnam are behind schedule, resulting in an increased need for investment capital.