Deputy Minister of Transport Nguyen Danh Huy suggested that Vietnam Railways Corporation prepare its mind to quickly join the "breath and beat" of the nation in the new era, the era of growth. At the same time, research the model and apparatus to meet the task of managing and operating new railway projects in the future. According to the restructuring plan of Vietnam Railways Corporation approved by the Prime Minister, last year, the Corporation merged Hanoi Railway Transport Joint Stock Company and Saigon Railway Transport Joint Stock Company, completing the restructuring plan ahead of schedule.
Developing 3 pillars At the conference to summarize the year 2024 and deploy the production and business plan for 2025, the leader of Vietnam Railways Corporation said that Deputy Minister of Transport Nguyen Danh Huy highly appreciated the efforts and results of Vietnam Railways Corporation with 3 pillars: Infrastructure, transportation and industry. Along with that is the preparation work to deploy new railway projects connecting borders and seaports; especially the high-speed railway project on the north-south axis, which has just been approved by the National Assembly for investment policy, which is the foundation of basic infrastructure for the industry.
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The La Reine (Queen) train has just been officially put into operation by Vietnam Railways Corporation. |
Faced with new opportunities opening up, Vietnam Railways Corporation needs to prepare human resources and apparatus to meet the requirements of operating and maintaining high-speed railways and new railway lines. "The unit needs to study the organization model and apparatus to meet the new tasks of managing, operating and maintaining high-speed railways and newly invested railway lines according to the planning; prepare to join the 'breath and heartbeat' of the nation in the new era, the era of national development", Deputy Minister Nguyen Danh Huy emphasized. Regarding infrastructure, the Corporation has done a good job of maintenance, coordinating with functional agencies to handle and gradually eliminate self-opened paths across railways. The project on management, use and exploitation of national railway infrastructure assets approved by the Prime Minister has transferred infrastructure assets from the State to the Corporation for management. Regarding transportation, passenger and cargo transport output has grown, services have been diversified, enhancing the image of stations and trains; Launching many new products such as tourist trains, Central Heritage trains, charter trains; safe and punctual transportation. Regarding industry, Deputy Minister Nguyen Danh Huy requested the Railway Corporation to have a specific project to meet the localization rate, especially in terms of locomotives and carriages. The railway industry has been proactive, linking with businesses outside the industry, tourism businesses to invest in upgrading carriages and new trains to serve passengers. "The Corporation needs to recognize and evaluate the quality and ability to meet human resource requirements in the new situation. Each unit, each transport, infrastructure, and industrial sector must specifically evaluate, develop plans and solutions on the specialized training required, training units and implementation costs," the Deputy Minister directed.
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Deputy Minister of Transport Nguyen Danh Huy highly appreciated the efforts and results of Vietnam Railways Corporation. |
According to Vice Chairman of the State Capital Management Committee at Enterprises Nguyen Ngoc Canh, in 2024, the railway industry faced many difficulties, but officials and employees in the entire industry have deployed production and business activities with many positive signals. The Corporation has put into operation trains with specialized imprints, imbued with regional cultural identity, transporting goods in various forms such as: liquefied natural gas LNG, international transit trains, etc. Emphasizing that the North-South high-speed railway project approved by the National Assembly is expected to fundamentally change the entire railway industry, Mr. Nguyen Ngoc Canh suggested that the Vietnam Railway Corporation needs to have a strategic breakthrough mindset, dare to think, dare to do, dare to take responsibility, continue to improve the efficiency of capital use, invest effectively, and innovate management and operation. Human resource training can be considered the fourth pillar of the railway, especially when the high-speed railway is assigned to the corporation for maintenance, repair, operation, etc.
Production growth reaches double digits. Previously, reporting at the conference, General Director of Vietnam Railways Corporation Hoang Gia Khanh said that in 2024, the railway industry was continuously affected by natural disasters, such as landslides at Chi Thanh tunnel, Bai Gio tunnel; the impact of storms Yagi, Tra Mi and many floods, etc., causing railway traffic to be disrupted for many hours.
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In 2024, the Corporation's consolidated revenue is estimated to reach nearly VND 9,700 billion, an increase of nearly 8% compared to the plan; after-tax profit is estimated to reach more than VND 220 billion; of which the parent company's profit is estimated to reach VND 6 billion. |
However, thanks to the synchronous implementation of many positive and breakthrough solutions, in 2024, the corporation's production and business results continued to maintain growth compared to the same period and exceeded the assigned plan targets. Train passenger volume reached more than 7 million, up 14% compared to the plan; cargo transport reached more than 5 million tons, exceeding the plan by more than 7% and more than 11% over the same period. The corporation's consolidated revenue is estimated at nearly VND 9,700 billion, up nearly 8% compared to the plan; after-tax profit is estimated at more than VND 220 billion; of which the parent company's profit is estimated at VND 6 billion. "The work of caring for and improving working and living conditions, enhancing the material and spiritual life of cadres and workers is getting better and better, helping workers to be excited and feel secure in their work. The average income of workers is estimated at nearly VND 13 million/month, up 11.5% over the same period. Railway traffic order and safety were maintained, all three criteria for accidents decreased by more than 5% compared to the same period. "In accordance with the spirit of Resolution 18-NQ/TW on innovation and reorganization of the political system to be streamlined and operate effectively and efficiently, the Corporation has completed the merger of 3 Project Management Boards, reducing from 5 to 3 locomotive enterprise branches. In the coming time, the Corporation will continue to divest capital from 13 joint stock companies and establish the Railway Research-Application and Development Center", Mr. Nguyen Gia Khanh informed.
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The railway industry has put into operation many new products and services, the quality of which is highly appreciated, attracting more and more passengers to use railway vehicles. |
According to the leader of the Railway Corporation, in 2024, the railway has promoted the application of science and technology to facilitate and enhance customer experience such as: Deploying automatic ticket kiosks; customer care messaging service via Zalo; selling tickets via Google Maps; adding modules to the management system and putting into operation the freight exchange; Free Wifi on train SE21/22 to improve service quality and expand value-added services on the train. "In addition to valuing cooperation with traditional and long-standing partners, VNR also proactively promotes and expands cooperation with domestic and international partners to promote the potential and strengths of each party with the goal of promoting the process of railway construction and development. With the goal of restoring transportation to the pre-Covid-19 period, the railway industry has put into operation many new products and services with highly appreciated quality, attracting more and more passengers to use railway vehicles such as the train "Connecting Central Heritage", chartered trains, the tea culture and tourism train of Thai Nguyen province, ...", Mr. Khanh emphasized. Last year, the railway also strengthened and expanded cooperation with domestic and international partners with the goal of promoting strengths, potentials and attracting resources to participate in railway construction and development; proactively cooperating with localities and partners such as Vin Group, Sun Group, ... to provide more services and promotional programs for train passengers; connecting indigenous heritage, connecting services, traffic-sharing for mutual development; aiming for "1 ticket for the whole journey". "Continuing the development momentum, the Corporation upgraded and renovated a number of stations, organized ICD bonded warehouses, logistics; "Promote work with domestic localities to realize the goal of bringing the border gate deep into the interior, transporting local goods and agricultural products to international markets such as China, Russia, and Europe," Mr. Hoang Gia Khanh shared.
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The railway sector will upgrade and renovate some stations, organize ICD bonded warehouses, logistics; promote work with domestic localities to realize the goal of bringing border gates deep into the interior, transporting goods and local agricultural products to international markets. |
The railway industry also set a target of striving for revenue of more than VND9,407 billion in 2025, ensuring that the rate of passenger trains departing on time reaches 99% and arriving on time reaches 77% or more; reducing railway traffic accidents by 5% or more in all 3 criteria, not allowing particularly serious or very serious accidents to occur; continuing to implement the restructuring project of the corporation until the end of 2025 according to the set schedule.
| Awarding Certificate of Merit to Vietnam Railways Corporation Within the framework of the conference, Lieutenant General Nguyen Dinh Thuan, Director of the Department of Economic Security, on behalf of the leaders of the Ministry of Public Security, presented the Ministry's Certificate of Merit to the Corporation for its outstanding achievements in the movement of the whole people to protect national security. This is one of the few state-owned enterprises to be commended by the Ministry of Public Security and the Department of Economic Security. The Department of Economic Security also awarded certificates of merit to 3 individuals of Vietnam Railways Corporation for their achievements in the movement of the whole people to protect national security in 2023-2024, including Mr. Dang Sy Manh, Chairman of the Board of Members; Mr. Hoang Gia Khanh, General Director; Mr. Dinh Hong Tu, expert of the Railway Traffic Safety Board. |
Source: https://nhandan.vn/nganh-duong-sat-chuan-bi-tam-the-hoa-cung-nhip-dap-cua-dan-toc-trong-ky-nguyen-moi-post854677.html 
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