From July 1, vehicles entering China must buy insurance

VCN- According to information from the Management Board of Dong Dang - Lang Son Border Gate Economic Zone, the side of the Management Board of HuuNghiQuan Border Gate Economic Zone, Bang Tuong, China announced that from July 1, 2020, the means of transport of Vietnam enteringChina to buy vehicle insurance for 86 yuan/car/seven days at all border gates.
from july 1 vehicles entering china must buy insurance Lao Cai: Reducing fees of using border infrastructure due to the impact of Covid-19
from july 1 vehicles entering china must buy insurance Postpaidelectronic toll collection: Very reasonable but slow
from july 1 vehicles entering china must buy insurance Implementation of compulsory insurance for civil liability of motor vehicles’ owners to be supervised
from july 1 vehicles entering china must buy insurance
Customs clearance vehicles at the specialized route at Tan Thanh - Po Chai border gate.

On June 23, the Border Management Center under the Management Board of Dong Dang - Lang Son Border Gate Economic Zone cooperated with the competent forces at Tan Thanh border gate to discuss with the Management Board of the gate economic zone HuuNghiQuan, Pingxiang, China. The Chinese side said to prevent risks in the process of transporting goods, starting from July 1, 2020, all Vietnamese vehicles entering China must buy vehicle insurance for 86 yuan (about VND300,000/vehicle/seven days) at all border gates and apply it at Po Chai border gate (Bang Tuong - China).

The Management Board of Dong Dang - Lang Son Border Gate Economic Zone said that buying insurance to transport goods to China is one of the measures to prevent risks during the transport process. Import and export goods should be unified to enhance the informationto businesses to coordinate implementation.

Accordingly, based on the actual situation and related regulations, the Management Board of Dong Dang-Lang Son Border Gate Economic Zone proposed departments, branches and functional forces in Lang Son province to study the feasibility and consider proposals to make similar requirements for Chinese vehicles enteringVietnam through the border gates in the province of Lang Son and implement an immediate trial at HuuNghi international border gate.

In order for enterprises and traders to have import and export activities through border gates in Lang Son province, the People's Committee of Lang Son province requests the Customs - Lang Son border gate to direct border gate units to inform enterprises and coordinate to comply with the recommendations of the Chinese side. The People's Committee of Lang Son province also assigned the Management Board of Dong Dang - Lang Son Border Gate Economic Zone to coordinate with the Lang Son Provincial Post Office and relevant agencies to study the trial insurance of Chinese means of transporting goods to Vietnam through HuuNghi international border gate.

By Dao Le/Thao Huyen

Related News

US or China: Who will lead in Vietnamese Tra fish imports?

US or China: Who will lead in Vietnamese Tra fish imports?

VCN - Given that tra fish is a key export commodity for Vietnam's seafood industry, the question arises whether the United States will surpass China as the leading importer of this product in 2025.
Ho Chi Minh City: Foreign visitors spend more than VND1,500 billion to buy goods upon exit

Ho Chi Minh City: Foreign visitors spend more than VND1,500 billion to buy goods upon exit

VCN - According to the Ho Chi Minh City Customs Department, in 2024, the unit refunded VAT on goods that foreigners and oversea Vietnamese residents brought with them when leaving the country with a value of over VND1,540 billion.
Spending US$380 billion for imports, China accounts for 38% of country

Spending US$380 billion for imports, China accounts for 38% of country's imports

VCN - In 2024, the total import turnover of the whole country reached US$380.76 billion, an increase of 16.7% year-on-year (or US$54.41 billion), according to statistics of the General Department of Customs.
Halal Market: The Door is Wide Open, How to Exploit It

Halal Market: The Door is Wide Open, How to Exploit It

VCN - The size of the global Halal economy is estimated to reach USD 7,700 billion in 2025, expected to increase to 10,000 billion USD in 2028. Besides "certification", what do businesses need to effectively exploit the potential of this market?

Latest News

Embracing green exports: a pathway to enter global supply chains

Embracing green exports: a pathway to enter global supply chains

This shift presents both a challenge and an opportunity for Vietnamese businesses to innovate and enhance their competitive edge in the international arena.
New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises

The ministry proposes to issue a decree on the establishment, management and use of the Investment Support Fund to stabilise the investment environment, encourage and attract strategic investors and multinational corporations.
Việt Nam’s durian exports to China plummet by 80%

Việt Nam’s durian exports to China plummet by 80%

This sharp decline has had a direct impact on Việt Nam’s fruit and vegetable export revenue, which stood at US$416 million in January 2025, marking a 11.3 per cent decrease month-on-month and a 5.2 per cent drop year-on-year.
Coconut exports reach 14-year high

Coconut exports reach 14-year high

In 2024, fresh coconut and coconut product exports surpassed US$1 billion, marking the highest figure in the past 14 years.

More News

Shrimp exports grow in the first month of 2025

Shrimp exports grow in the first month of 2025

According to data from the Việt Nam Association of Seafood Exporters and Producers (VASEP), shrimp products recorded a 13 per cent increase in export value in January 2025, reaching a total of $273.3 million.
Rice export prices drop, but decline expected to be short-term

Rice export prices drop, but decline expected to be short-term

Việt Nam’s rice export prices have declined, reaching their lowest level in three years.
Key agro products expected to maintain export growth this year

Key agro products expected to maintain export growth this year

At present, agricultural exports, such as rice, coffee and seafood, have steadily secured a stable place in major global markets.
EU issues 12 warnings against Việt Nam’s food and agricultural exports

EU issues 12 warnings against Việt Nam’s food and agricultural exports

The Việt Nam SPS Office has reported that some Vietnamese export products failed to meet the EU’s stringent standards.
Việt Nam to impose VAT on low-value express-imported goods

Việt Nam to impose VAT on low-value express-imported goods

Việt Nam will end a previous policy that exempted imported goods valued under VNĐ1 million (US$39.4) from taxes when shipped via express delivery.
Exchange rate risks need attention in near future

Exchange rate risks need attention in near future

VCN - Exchange rate developments in 2025 are considered to be quite complicated due to US policies related to trade and investment.
Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month

Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month

VCN - Data from the General Department of Vietnam Customs indicates a softening of both exports and imports in January 2025, relative to the same month in 2024.
Import and export turnover reaches about US$29 billion in the second half of January 2025

Import and export turnover reaches about US$29 billion in the second half of January 2025

VCN - Vietnam's total import and export turnover in the second half of January 2025 (January 16-31, 2025) reached US$28.9 billion, the latest preliminary statistics of the General Department of Vietnam Customs reported.
Market edges up slightly as liquidity remains low

Market edges up slightly as liquidity remains low

Market breadth remained positive, with 161 gainers outnumbering 144 decliners.
Read More

Your care

Latest Most read
Embracing green exports: a pathway to enter global supply chains

Embracing green exports: a pathway to enter global supply chains

This shift presents both a challenge and an opportunity for Vietnamese businesses to innovate and enhance their competitive edge in the international arena.
New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises

The ministry proposes to issue a decree on the establishment, management and use of the Investment Support Fund to stabilise the investment environment, encourage and attract strategic investors and multinational corporations.
Việt Nam’s durian exports to China plummet by 80%

Việt Nam’s durian exports to China plummet by 80%

This sharp decline has had a direct impact on Việt Nam’s fruit and vegetable export revenue, which stood at US$416 million in January 2025, marking a 11.3 per cent decrease month-on-month and a 5.2 per cent drop year-on-year.
Coconut exports reach 14-year high

Coconut exports reach 14-year high

In 2024, fresh coconut and coconut product exports surpassed US$1 billion, marking the highest figure in the past 14 years.
Shrimp exports grow in the first month of 2025

Shrimp exports grow in the first month of 2025

According to data from the Việt Nam Association of Seafood Exporters and Producers (VASEP), shrimp products recorded a 13 per cent increase in export value in January 2025, reaching a total of $273.3 million.
Mobile Version