Emergency services responded to an early morning incident in Wangaratta on Friday where a heavy vehicle was set alight next to another car over the train tracks - both vehicles had been reported stolen.

At 1.24am, Fire Rescue Victoria (FRV) was called to the incident near the intersection of Tone and Vincent roads after a caller to Triple Zero (000) reported a truck fire.

CFA firefighters also attended the incident.

Firefighters arrived on scene to find the two vehicles, with a flatbed truck alight and on a trainline.

No vehicle occupants were found at the scene and the incident was deemed under control at 1.41am.

Wangaratta police said they are investigating the thefts and the criminal damage of the the flatbed truck which was was stolen from a Wodonga business and an SUV that was stolen from an Eldorado residence.

Detective Senior Constable Tim Doyle said they are asking for anyone with information about the thefts or the incident to contact Crime Stoppers on 1800 333 000 or Wangaratta police on 5723 0888.