Vietnam Railways sets growth of 8 percent this year

SGGP
The state-owned Vietnam Railways set this year’s target of 8 percent higher in production and 7 percent higher in revenue compared to previous year at the meeting to summarize its operation in 2018 on January 12.
In order to achieve the company’s goal, the Ministry of Transport noted that it should continue to speed up restructuring, equitization and consolidation of its units. In addition, railway industry should ensure traffic safety in order to reduce accidents by 5 percent, and maintain solutions to deal with critical issues.
Report by the Vietnam Railways showed that in 2018 the company’s consolidated production exceeded VND8.36 trillion, up 6.7 percent compared to the same period last year; revenue surpassed VND8.26 trillion, up 1.9 percent; average income of its employees was more than VND8.46 million per month, up 2.9 percent.
These are positive signs of railway industry after showing poor performances for a long time.

By Bich Quyen – Translated by Thuy Doan

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