Mr. Dang Sy Manh was appointed Chairman of the Railway Corporation.

In Decision 481/QD-TTg, the Prime Minister decided to appoint Mr. Dang Sy Manh, General Director of Vietnam Railway Corporation, to hold the position of Chairman of the Board of Directors of Vietnam Railway Corporation.

Mr. Dang Sy Manh was appointed Chairman of the Board of Directors of Vietnam Railways Corporation.

Previously, in January 2020, Mr. Dang Sy Manh was appointed General Director of Vietnam Railways Corporation.

Before being appointed, Mr. Manh held the following positions: Director of Regional Railway Project Management Board 2, Director of Railway Project Management Board (RPMU) of Vietnam Railway Corporation, Deputy Director of Vietnam Railway Authority, Deputy General Director in charge of the Executive Board of Vietnam Railway Corporation.

According to the restructuring project for the period 2021 - 2025, Vietnam Railways Corporation is determined to be a one-member limited liability company with 100% of charter capital held by the State in the period 2022 - 2025.

At the same time, maintain the current organizational model of 12 railway operating branches. Establish a new Science, Technology and Service Center; maintain 3 locomotive branches, 1 project management board; and merge 2 railway transport joint stock companies Hanoi and Saigon.

In addition, the ratio of state capital held on the charter capital of Di An Railway Joint Stock Company and Gia Lam Railway Joint Stock Company remains unchanged; the capital contribution ratio of the Corporation holding controlling shares of over 51% of the charter capital of 15 railway joint stock companies and 5 railway signal information joint stock companies remains unchanged.

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