Business News

  • VNR inks deal with Saigon Newport Corp

  • Tuesday, 4/18/2017

  • AsemconnectVietnam - The Vietnam Railway Corporation (VNR) will ink a deal with the Saigon Newport Corporation this April to build two inland container depots (ICDs) in Binh Duong Province and Ha Noi.

  • New VNR chairman Vu Anh Minh said the two ICDs will be constructed in the Song Than Industrial Park in the southern province of Binh Duong and in Ha Noi’s Dong Anh District.

    Saigon Newport accounts for half of the country’s market share of container shipping services, he noted, adding that it has also gained a large percentage of the container market share - 90 per cent and 70 per cent - in HCM City and the southern province of Ba Ria-Vung Tau, respectively.

    VNR will also sign an agreement with the Vietnam Tourism Association and the Nha Trang business association in Khanh Hoa to increase the number of rail passengers.


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