Vietnam Railways boosts cooperation with state-owned corporations

October 10, 2018 | 09:43

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Vietnam Railways (VNR) and Dien Quang JSC on October 5 signed a cooperation agreement to tap into their advantages.

vietnam railways boosts cooperation with state owned corporations

The chairmen of Vietnam Railways and Dien Quang JSC signing the cooperation agreement

Under the cooperation, Dien Quang JSC will offer solutions and lighting products for VNR's trains, railway stations, depots, offices, as well as other products meeting VNR's specific requirements, with quality warranty and at reasonable price based on the market.

VNR will create the best conditions in terms of means of transport and warehouses to transport Dien Quang JSC's products in a safe, convenient, and timely manner.

The two sides also agreed to cooperate in promoting each other’s trademarks.

"The cooperation will enable the two sides to tap into each other's strengths. The cooperation should be concrete, conducted through contracts to ensure its efficiency," said Vu Anh Minh, VNR Chairman. He also proposed the two firms to cooperate in research activities and technology application.

The agreement with Dien Quang JSC showed VNR's determination to increase operational efficiency by strengthening cooperation with other state-owned corporations.

Last year, VNR signed a cooperation agreement with Vietnam National Petroleum Group (Petrolimex) to strengthen cooperation in investment and business activities in the future, and cooperated with Vietnam Post Corporation (VNPost) in logistics services. The country's biggest train operator also inked a cooperation deal with Saigon Newport Corporation to build two inland container depots (ICDs) in Binh Duong province and Hanoi.

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By Bich Thuy

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