Gradual headway marked in Vietnam’s railway industry

Gradual headway marked in Vietnam’s railway industry

The country’s railway transport industry has gained some optimistic results this year after reform, although lack of development space and outdated infrastructure still hinder full progress.
Vietnam Railways estimates 60 million USD loss due to COVID-19

Vietnam Railways estimates 60 million USD loss due to COVID-19

The Vietnam Railway Corporation (VNR) estimates a loss of nearly 1.4 trillion VND (60 million USD) after tax in 2020, a massive blow to the company due to impacts of the COVID-19 pandemic.