The Commission for the Management of State Capital at Enterprises (CMSC) has submitted a report to Deputy Prime Minister Le Minh Khai on approving a scheme to restructure the Vietnam Railway Corporation (VNR) to 2025. The scheme was compiled in 2016 and has been altered and re-submitted many times but has not yet been approved, in part because the ‘giant” of the railway sector was transferred to the CMSC in November 2018, leading to a large amount of work that needs to be clarified. It is necessary to urgently implement the restructuring of businesses and units, after missing the restructuring timeframe for the 2016-2020 period. VNR continues to complete its restructuring project for the 2021-2025 period and will submit it to the Prime Minister for consideration and decision.