Hanoi, March 30 -- Deputy Prime Minister Ho Duc Phoc has signed a decision approving the restructuring of the Vietnam Railways Corporation (VNR) for the 2026-2030, with a vision to 2035, under a group-oriented model. Under the plan, the operating model of parent-subsidiary companies of the Vietnam Railways Corporation will be transformed into a model of parent-subsidiary companies of the Vietnam National Railways Group. The move is intended to strengthen its capacity to undertake and implement assigned tasks. Between 2026 and 2030, with a longer-term outlook to 2035, production value and revenue are expected to grow by an average of more than 10% annually following the restructuring. Other objectives include taking a leading role in conne...
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