Rail News

DATE

September 15 , 2021


Railway revenue hits all-time low in August

Viet Nam News 
September 14, 2021 (HÀ NỘI, Vietnam)

Vietnam Railways Corporation (VNR) reported its revenue fell to an all-time low in August as the COVID-19 social distancing measures dragged on its passenger transport.

Revenue of the state-owned railway operator was just VNĐ114.7 billion (US$5 million) in August.

The number of passengers boarding trains reached more than 8,600 in August, equalling just 6.5 per cent of the same period last year. The situation worsened when the company was forced to stop the daily trains on the North-South route since end-August due to complicated disease developments, the company reported.

Freight transport slightly improved, reaching nearly 414,000 tonnes, up 5.4 per cent year-on-year. However, this segment also showed signs of a slowdown due to the shortage of goods and more complex transportation.

Source
https://vietnamnews.vn/economy/1030734/railway-revenue-hits-all-time-low-in-august.html

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