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Transport Enterprises in Vietnam Report Positive Performance in First Months of the Year

The transport enterprises under the Commission for the Management of State Capital at Enterprises reported positive performance in the first months of the year, according to a report submitted to the Ministry of Planning and Investment. The report highlighted the achievements in the railway, road, aviation, and seaport sectors.

In the railway sector, passenger transportation reached 2.8 million turns, equaling 114 percent over the same period last year, while cargo transportation was expected to exceed two million tons, reaching 114.7 percent over the same period of 2023.

For the road sector, the total volume of vehicles traveling on expressways managed by the Vietnam Expressway Corporation was calculated to reach 27.5 million turns by the end of May, equaling 111.3 percent over the same period last year. The total revenue was expected to reach VND2,556 billion, gaining 113.8 percent over the same period of 2023.

In the aviation sector, the total number of transporting passengers via airports managed by the Airport Corporation of Vietnam was estimated to reach over 45.6 million, reaching 99 percent over the same period last year. The figure for transporting packages and cargo was calculated to reach 584,000 tons, achieving 43.8 percent over the year plan and equaling to 121 percent over the same period of 2023.

Vietnam Airlines served around 9.3 million passengers in the first five months of the year, with cargo transportation expected to reach 114,700 tons.

In the seaport sector, a total volume of cargo via seaports was estimated to reach 57.2 million tons, equaling 46 percent over the year plan and 124 percent over the same period last year.

Additionally, a new decree on dredging at seaport waters and inland waterways has been approved, emphasizing compliance with laws on environmental protection and marine resources. The decree is set to take effect on July 5, aiming to facilitate port businesses and highlight environmental protection measures.

Overall, the positive performance of transport enterprises in Vietnam reflects a promising start to the year and sets the stage for continued growth and development in the sector.