The Vietnam Railways Corporation (VNR) revealed on July 6 that its total revenue topped 3.7 trillion VND (156.4 million USD) in the first six months of this year, up 17% year-on-year.
Passenger transport in H1 grows strongly with a turnover of more than 1.2 trillion VND, a year-on-year increase of 83%. (Photo: VNA)
Hanoi (VNA) – The Vietnam Railways Corporation (VNR) revealed on July 6that its total revenue topped 3.7 trillion VND (156.4 million USD) in thefirst six months of this year, up 17% year-on-year.
Of the total, the combined revenue of the VNR’s two affiliates - the HanoiRailway Transport Joint Stock Company (Haraco) and the Sai Gon Railway Transport JointStock Company (Saratrans) - is estimated at 2.5 trillion VND, up 18%year-on-year, with direct takings from transportation activities reaching morethan 1.9 trillion VND, up 25%.
However, while passenger transport grew strongly with aturnover of more than 1.2 trillion VND, a year-on-year increase of 83%, freighttransportation dropped sharply, with only 824 billion VND, equal to about 80%of that the same period last year.
According to the VNR, the railway sector has implementedmany solutions to promote transport.
Regarding passenger transport, the number of trains andtrain schedules have been adjusted to suit passengers’ needs, with focus onshort-distance sections of high travel demand such as Hanoi to Thanh Hoa,Vinh, Dong Hoi, Hue and Da Nang and vice versa, and Ho Chi Minh City to NhaTrang, Phan Thiet and Da Nang and vice versa./.
The Ministry of Transport (MoT) has requested more investment be prioritised for air and rail transport to the Central Highlands to ease pressure on road transport.
The northern province of Bac Giang organized a ceremony on June 15 to mark the first shipment of 56 tons of Luc Ngan fresh lychees to China from Kep railway station.
The Commission for the Management of State Capital at Enterprises (CMSC) has asked the Vietnam Railways Corporation (VNR) to achieve revenue and after-tax profit of over 6.5 trillion VND (274.1 million USD) and 3 billion VND this year, respectively, the corporation said.
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On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
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Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Passenger transport in H1 grows strongly with a turnover of more than 1.2 trillion VND, a year-on-year increase of 83%. (Photo: VNA) 
