Vietnam Railway Corporation (VNR) has announced plans to merge Hanoi Railway Transport Joint Stock Company (HRT JSC) and Saigon Railway Transport Joint Stock Company (SRT JSC). The Commission for the Management of State Capital at Enterprises was assigned to direct VNR to complete the restructuring plan in the 2021–2025 period.

VNR has 35 subsidiaries and affiliates operating in the railway infrastructure management; operation and repair; rail passenger transport; and locomotive and carriage manufacturing sectors.