There will be many senior personnel changes at Vietnam Railways Corporation.

The Ministry of Transport said that Vietnam Railway Corporation will be the focus of restructuring this year.

According to the report on the results of restructuring state-owned enterprises under the Ministry of Transport, in the first four months of the year, the Ministry directed, guided, and coordinated with Vietnam Railways Corporation to complete the reorganization of the Railway Freight Transport One Member Co., Ltd., the Railway Traction Union, the Hanoi Railway Passenger Transport Company, and the Saigon Railway Passenger Transport Company into two transport enterprises, operating from April 1, reducing the number of two focal points.

Vietnam Railway Corporation has also appraised and approved the equitization plan of Railway Printing Company and Saigon Railway Printing Company.

On the afternoon of April 28, the leaders of the Ministry of Transport met and agreed with the proposal of Vietnam Railway Corporation for Mr. Nguyen Dat Tuong to resign from the position of General Director and move to a new job as a member of the Board of Members of this Corporation.

The person who will replace Mr. Tuong is Mr. Vu Ta Tung - General Director of Saigon Railway Passenger Transport Company. Mr. Tung was also recently appointed as Deputy General Director of Vietnam Railway Corporation in August 2013.

Separate news from the Ministry of Transport said that this year there will also be a series of changes in senior personnel positions of this Corporation.

According to the report on the results of restructuring state-owned enterprises under the Ministry of Transport, by January 2011, the Ministry of Transport had 94 100% state-owned enterprises, including 90 enterprises established by decision of the Minister of Transport and 4 enterprises established by decision of the Prime Minister (Vinashin, Vinalines, Vietnam Airlines and Vietnam Railway Corporation VNR).

During the 3 years from 2011 to 2013, the Ministry equitized 54 enterprises, including 11 large-scale enterprises such as Vietnam Airlines and 10 other corporations established by the Ministry.

By April 2014, the Ministry of Transport still had 49 State-owned enterprises; at the same time, it had restructured and innovated 61 enterprises, including equitizing 54 enterprises, converting 2 enterprises into corporations, merging 2 enterprises, bankrupting 2 enterprises, and dissolving 1 enterprise.

The Ministry is continuing to equitize 100% state-owned enterprises according to regulations from now until the end of 2015.

According to the newspaper