Latest News about railways
After enduring months of losses, state-owned transport giants Vietnam Railways and Vietnam Airlines are pinning hopes on a financial lifebuoy to recover from the incurred losses – but even significant support may not be enough for them.
A total 152 trains have been suspended as travel demand plummets due to the novel coronavirus, leaving the railway sector facing losses of VNĐ90 billion (US$3.8 million) since the outbreak began, according to the Ministry of Transport.
Vu Quang Khoi, director general of Viet Nam Railway Authority, talks about the country's plan to develop railways across the country.
Prime Minister Nguyen Xuan Phuc on Tuesday approved the Vietnam Railway Corporation (VNR)’s plan to close illegal level crossings in crowded residential areas by the end of this year.