Prime Minister Pham Minh Chinh inspected the railway sector’s readiness to serve passengers during the country's most important and longest festival.

VOV.VN - North-South passenger and freight trains have been allowed to run again through Bai Gio tunnel in central Vietnam at reduced speed since landslides occurred inside the tunnel, disrupting North-South rail service eight days ago.

The 140-year-old railway, considered outdated in Vietnam, will undergo the most significant infrastructure transformation in decades, as the North-South high-speed railway project will be submitted to the Politburo in March, and the National Assembly within this year.

Prime Minister Pham Minh Chinh required that the railway sector optimise existing assets, finance and human resources to modernise its operation, contributing to developing transport and realising the strategic breakthrough of transport infrastructure set in the Resolution of the 13th National Party Congress.

VOV.VN - Saigon Railway Station has once again become bustling in recent days, a stark contrast to the deserted scenes during the pre-Tet period as many people choose to head back to Ho Chi Minh City by train.

The Ministry of Transport (MoT) has proposed total investment of VND240 trillion (US$10.4 billion) for the expansion of the railway network from now until 2030, to be sourced by the State budget and other legal sources.

The Vietnam Railways Corporation (VNR) has projected losses of more than VND1.2 trillion (US$51.7 million) this year.