Research and development of trains with speeds exceeding 100 km/h.

The State Capital Management Committee at Enterprises has just approved the 5-year production, business and investment development plan (2021-2025) of Vietnam Railways Corporation (VNR).

Accordingly, during this period, the entire railway sector must achieve revenue of 39,544 billion VND, with a total pre-tax loss of 866.6 billion VND. Specifically, the loss for the 2021-2022 period is over 1,193 billion VND, while the 2023-2025 period aims to overcome losses with a profit of 322 billion VND.

The parent company - VNR , must achieve revenue of VND 26,190 billion during this period, with a total pre-tax loss of VND 1,237 billion. Specifically, the loss is VND 1,250 billion during the 2021-2022 period, while the company must break even with a profit of VND 13 billion during the 2023-2025 period.

railway.vn.jpeg — The State Capital Management Committee at Enterprises has just approved the 5-year production, business, and investment development plan (2021-2025) of Vietnam Railways Corporation.

For the period 2021-2025, the total investment capital requirement for Group A and B projects across the entire corporation is VND 2,590 billion.

To achieve the above objectives, the State Capital Management Committee at Enterprises assigned VNR to monitor passenger flows to adjust train composition accordingly, ensuring diverse passenger needs and business efficiency. Closely following market demand, VNR will open new routes to expand its market; develop a widespread sales network, focusing on towns and cities, and explore forms of cooperation to attract foreign tourists.

The railway industry also needs to continue maintaining and researching flexible fare policies to best meet customer needs, regardless of peak or off-peak transport times.

In addition, the industry needs to increase the volume of international rail freight to localities in China and to third countries; maintain and promote exports to Russia, Europe, etc.

Promoting logistics activities, investing in improving the quality of management systems through the application of information technology, and gradually shifting the organization of goods distribution from warehouses and stations to agents, supermarkets, and convenience stores... will enhance the value and efficiency in the logistics chain.

Establish a research and development center to conduct applied research and master advanced technologies for manufacturing locomotives, carriages, trains (DMƯ, EMU) with speeds exceeding 100 km/h, and other railway mechanical products.

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