VOV.VN - Hundreds of trains throughout Vietnam have been suspended due to the destructive force of Talas, which has now been classed a tropical storm, the Vietnam News Agency has reported.
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.
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.
The Japan International Cooperation Agency and the Institute of Transport Science and Technology (ITSC) jointly held a conference in Danang on October 11 to review a project to develop landslide risk assessment technology along the transportation arteries in Vietnam.
VOV.VN - After two straight quarters of falling revenue the Vietnam Railway Corporation (VRC) said recently it won’t be amping up hiring or revving up mothballed locomotives anytime soon.
The Vietnam Railway Corporation (VNR) will sell train tickets from October 1 for the upcoming Tet (Lunar New Year) holiday.
The state-owned Vietnam Railway Corporation (VNR) and the Indo Trans Logistics Corporation (ITL) held a ceremony on November 6 to commence the construction of a railway logistics centre in Yen Vien station in Hanoi.
The Lotte Engineering and Construction ( Lotte E&C) of the Republic of Korea wants to invest in the phase II of the Yen Vien – Lao Cai Railway project under the build-lease-transfer (BLT) model, according to the Ministry of Transport.