Vietnam Railways Corporation launched the first international train from Cao Xa station.
The Government Office has just issued Notice No. 319/TB - VPCP announcing the conclusion of Prime Minister Pham Minh Chinh at the Conference of the Prime Minister working with state-owned enterprises to contribute to, promote growth, stabilize the macro-economy, and ensure major balances of the economy. This important conference took place in Hanoi on June 12, 2024. Assessing some results achieved in the first 5 months of 2024, the Prime Minister acknowledged that state-owned enterprises have closely followed and basically completed production and business tasks according to the approved plan, focusing on developing key business sectors and fields, achieving positive results in terms of revenue, profit, and payment to the State budget, while ensuring the lives and income of workers. Particularly, 19 groups and corporations under the State Capital Management Committee at Enterprises had consolidated revenue of VND 823,000 billion (equal to 61.63% of the annual plan and 112% compared to the same period in 2023); pre-tax profit reached VND 28,000 billion (equal to 47.28% of the annual plan and 133% compared to the same period in 2023). The value of payment to the state budget reached over VND 70,000 billion (equal to 61.77% of the annual plan, 91% compared to the same period in 2023). The Prime Minister also praised state-owned enterprises for continuing to maintain their position and promote their core, leading and leading role in many important economic sectors and fields, contributing to ensuring macroeconomic stability and ensuring major balances through the supply of essential products and services such as electricity, coal, petroleum, basic chemicals, air, sea, rail, telecommunications, information technology, etc., meeting the needs of the people and serving socio-economic development. There are local state-owned enterprises that have grown strongly and spread across the country, such as the Industrial Development and Investment Corporation. “In the fields of electricity, petroleum, and transportation, all have high growth compared to 2023, such as the Vietnam Railway Corporation with many innovations in production and business,” Notice No. 319 stated. It is known that this is the second time in the past 6 months that Vietnam Railways Corporation has been commended by the head of the Government for its many innovations in production and business. Previously, at the Conference on deploying the 2024 production and business plan of Vietnam Railways Corporation held on January 9, 2024, positive changes were seen after the Corporation had a new leadership, including Chairman of the Board of Directors Dang Sy Manh. The Prime Minister also said that he had many impressions, emotions and concerns about the railway industry since taking office with the desire to revive this industry, contributing to the overall development of the transport industry. The railway industry has gone through many management and development models, and needs to continue to research, summarize and perfect to solve the problem of not losing money, preserving and developing assets, financial resources and especially human resources. Coming to Hanoi Railway Station to "see what's new", the Prime Minister directly talked with railway workers and passengers and was informed about the industry's innovations such as new, more beautiful train cars, more spacious and clean stations, faster and more convenient ticket purchasing, better service quality... "Passengers told me that taking the train is now very enjoyable. Workers said their salaries and incomes are "adequate", the Prime Minister warmly shared with the Conference. The Prime Minister assessed that in the past time, the Corporation has restructured its assets, restructured its staff, restructured its working methods and "the past 3 years have been completely different". The changes in the railway industry show that the important thing is whether you want to do it, dare to do it and have a method to do it when handling and resolving difficulties, challenges, obstacles, and outstanding issues... "With the same amount of assets, the same amount of people, the policy mechanism has not changed much, but with new ways of doing things, new thinking, restructuring of capital sources, management, people, leadership... the quality, efficiency, and people's awareness have changed, from loss to profit. From this spirit, we are more determined, make greater efforts, and act more decisively, then we will certainly have better results, higher than in 2023", said the Prime Minister. In the first 6 months of 2024, the production and business results of Vietnam Railways Corporation continued to have positive changes. The total revenue of the Corporation reached more than 4,500 billion VND, an increase of 10.1%, while the parent company's revenue alone reached nearly 3,000 billion VND, an increase of 11.2%. Thanks to measures to improve service quality, passenger transport output in the first 6 months increased by 20.6% over the same period. During the Lunar New Year alone, more than 650,000 train tickets were sold, with revenue reaching VND400.7 billion, equal to 107.5% over the same period. This result could have been even better if railway transport had not been interrupted twice due to landslides on the top of Bai Gio tunnel and Chi Thanh tunnel, blocking the Hanoi - Ho Chi Minh City railway line. The Corporation has put into operation specialized train pairs bearing regional cultural imprints such as: "Heritage Connection" train on the Hue - Da Nang route, "Da Lat Night Train Journey" tourist train, charter trains with itineraries and services according to the request of the ordering party. Regarding freight transport, it organizes the exploitation of new cargo flows, creating conditions to increase service value. Implement solutions to increase the output of international freight transport by railway. Accordingly, renovate, upgrade and put into operation international freight transport activities at Cao Xa; exploit more international freight transport products between Vietnam and China, transit through China to third countries such as Russia, Europe, Mongolia and Central Asian countries. Mr. Hoang Gia Khanh, General Director of Vietnam Railway Corporation, said that along with production and business activities, the corporation has implemented restructuring. In particular, in the field of transport, the Corporation has completed the plan to merge two joint stock companies Hanoi and Saigon Railway Transport into one railway transport company. The general meeting of shareholders of the two companies has approved the content related to the merger of the companies and the boards of directors of the two companies have decided to approve the content and sign the merger contract. Currently, the two companies are implementing the procedures towards the merger. Source: https://baodautu.vn/tong-cong-ty-duong-sat-viet-nam-lai-duoc-thu-tuong-bieu-duong-ve-san-xuat-kinh-doanh-d219996.html
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