(VOVworld) – On Monday, the Standing National Assembly Committee discussed the draft revisions to the Railway law.

(Photo: mt.gov.vn)

The 2005 Railway Law featured improvements by state management in the railway sector, clearly distinguished State management and enterprises’ business operations, infrastructure and the transport business. Deputy Minister of Transport Nguyen Ngoc Dong said the law would be revised to create a breakthrough in railway infrastructure development, developing a more transparent business environment, and further connecting with other means of transport. The draft law is expected to create an open mechanism to further attract social resources to the railway sector, ease the burden on the State budget and modernize Vietnam’s railway system to make it more effective.