Vietnam’s railways have been suffering from low capital, but are now becoming more attractive to foreign investment, Photo: Le Toan Vietnam’s forgotten railway industry Vaibhav Saxena Railways are one of the essential means of transport in Vietnam. The railway industry has seen enormous development in infrastructure and technology and become dominant in mid-length and long-length transportation, and especially in freight transportation. The quality of railway infrastructure, telecommunication systems, and other auxiliary elements is too retrograde, which results in a warning in terms of the number of railway passengers. This situation can be attributed to two facts: (i) Vietnam Railways (VNR), a state-owned enterprise (SOE), held a monopoly in the industry, and (ii) the government overlooked the potential of railway transport, pouring little investment into it. Now, realising the need to re-construct this sector, the government has promulgated a new policy and … [Read more...] about Vietnam’s railway sector set to pick up PPP steam
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Unidentified foreign woman in serious accident near Hanoi’s railway station
Related News Unidentified foreign woman in serious accident near Hanoi's railway station By Kim Thuy  June 26, 2016 | 12:42 pm GMT+7 At about 2 a.m. on June 26, a foreign woman driving a motorbike on Tran Nhat Duat Street near Hanoi's Long Bien Railway Station fell in the street and was knocked unconscious, eyewitness Bui Tuan Dat told VnExpress. Police of Dong Xuan Ward in Hoan Kiem District on Sunday confirmed the accident by phone, without providing further details. The woman's motorbike is a Yamaha's Nouvo with a number registered in the nearby Bac Ninh Province. The woman was hospitalized with serious injuries and blood all over her body. Another eyewitness said she was swaying before crashing in the street. Locals gathered around the woman but were afraid to move her for fear of damaging her spine. The motorbike the foreign woman was driving. Photo by Bui Tuan Dat. Locals waited with her until an ambulance and the police arrived. Some … [Read more...] about Unidentified foreign woman in serious accident near Hanoi’s railway station
Vietnam’s railway to be modernized with $5.1 billion
The modernisation of Vietnam's railway system is projected to cost about US$5.1 billion, experts said during an event on detailed plans to upgrade the 1,726 km stretch of the North-South railway from Hanoi to HCM City. The plan, introduced to the public on Friday by the Vietnam Railway Authority (VNRA), outlined major projects to be carried out until 2030. The plan aims to eliminate bottlenecks, such as the tunnels of Khe Net and Hai Van, and move the Danang Train Station out of the city, as well as more than 90 other infrastructure upgrades to the railway system. The country's fleet of locomotives would expand to include an additional 14 passenger trains and 24 freight trains. Planners are weighing two options to modernise the country's railway system and increase passenger train speeds. The first option would increase the rail speed to 84.4 kmh for passenger trains and 55.7 kmh for freight trains by 2020 at a cost of about VND85.2 trillion (US$3.96 billion). The section option … [Read more...] about Vietnam’s railway to be modernized with $5.1 billion
Faster progress of Cat Linh-Ha Dong railway project requested
The Export-Import Bank of China (China Eximbank) has completed the procedures to disburse an additional loan worth US$250.6 million for the Cat Linh-Ha Dong urban railway project in Hanoi.The information was unveiled by the Ministry of Transport’s Railway Project Management Board at a meeting held in Hanoi, on December 29, to review its performances in 2017.Speaking at the event, Deputy Minister of Transport Nguyen Ngoc Dong asked the board to work closely with the Chinese contractor to accelerate the construction and installation of equipment. Any difficulty arising during the implementation process should be reported to the ministry immediately, he said. Ten of the 13 trains for the Cat Linh-Ha Dong railway route have already been imported to Vietnam. Dong added that the Ministry of Transport will report the project’s progress to the government in January 2018 and propose a final deadline for the project.Vu Hong Phuong, deputy general director in charge of the … [Read more...] about Faster progress of Cat Linh-Ha Dong railway project requested
Faster progress of Cat Linh-Ha Dong railway project requested Most Recent News
NDO/VNA – The Export-Import Bank of China (China Eximbank) has completed the procedures to disburse an additional loan worth US$250.6 million for the Cat Linh-Ha Dong urban railway project in Hanoi. The information was unveiled by the Ministry of Transport’s Railway Project Management Board at a meeting held in Hanoi, on December 29, to review its performances in 2017. Speaking at the event, Deputy Minister of Transport Nguyen Ngoc Dong asked the board to work closely with the Chinese contractor to accelerate the construction and installation of equipment. Any difficulty arising during the implementation process should be reported to the ministry immediately, he said. Dong added that the Ministry of Transport will report the project’s progress to the government in January 2018 and propose a final deadline for the project. Vu Hong Phuong, deputy general director in charge of the board, said that 95 percent of the project has been completed and that the progress was … [Read more...] about Faster progress of Cat Linh-Ha Dong railway project requested Most Recent News