Vietnam develops border gates into key economic zones

Building infrastructure, luring investment, and operating border gates on digital platforms are the focuses of northern provinces to develop local border gates into key economic zones and ensure border security and defense.
At the Mong Cai International Border Gate (Photo: VNA)

At the Mong Cai International Border Gate (Photo: VNA)

Quang Ninh province, home to three border economic zones of Mong Cai, Hoanh Mo – Dong Van and Bac Phong Sinh, has carried out a breakthrough strategy on developing modern transport infrastructure, thus facilitating trade exchanges and economic development in zones.

The Van Don – Mong Cai Highway was put into operation two years ago, forming a network that connects Lao Cai, Hanoi, Hai Phong, Van Don and Mong Cai, and links Lao Cai and Mong Cai International Border Gates with China’s Hekou and Dongxing ones.

Meanwhile, the border gate economic zone in Lang Son province has attracted 154 domestic and foreign projects worth over 738 million USD since 2016, most of which are in the area of infrastructure development, meeting the demand of trade exchanges in the border areas.

In Cao Bang province, nearly 300 billion VND from the State budget was injected into its border gates for the construction of essential infrastructure during 2021-2023, helping the locality lure 54 domestic and foreign projects.

As State capital has also been arranged for the development of the border gate economic areas in Ha Giang and Lai Chau provinces, they have seen robust trade activities and better State budget collection.

However, several localities are facing challenges in developing economy at their border gates, including poor transport connectivity between Ha Giang and economic hubs, and import-export procedures in Cao Bang province.

Earlier, the Prime Minister agreed to select eight key border gate economic zones to receive state budget for development in the 2021-2025 period. They are Mong Cai, Dong Dang-Lang Son, Lao Cai, and Cao Bang border gate economic zones in the northern provinces of Quang Ninh, Lang Son, Lao Cai, and Cao Bang, respectively.

Also on the radar for development is the Cau Treo international border gate economic zone in the central province of Ha Tinh, the Lao Bao special economic-trade zone in the central province of Quang Tri, the Moc Bai border gate economic zone in the southern province of Tay Ninh, and the Mekong Delta province of An Giang’s border gate economic zone./.

Source: VNS
en.vietnamplus.vn

Related News

Latest News

Top Vietnamese leader emphasises fight against wastefulness

Top Vietnamese leader emphasises fight against wastefulness

General Secretary of the Communist Party of Vietnam Central Committee and State President Tô Lâm has written an article, highlighting the fight against wastefulness.
Vietnam’s overseas investment declines in nine months

Vietnam’s overseas investment declines in nine months

Vietnam's overseas investment, including new and adjusted capital, amounted to 189.6 million USD, down 54.5% year-on-year, according to the Ministry of Planning and Investment’s Foreign Investment Agency.
Vietnam-Australia Comprehensive Strategic Partnership develops strongly: Ambassador

Vietnam-Australia Comprehensive Strategic Partnership develops strongly: Ambassador

Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son will pay a visit to Australia and co-chair the 6th Vietnam-Australia Foreign Ministers’ Meeting from October 16-19, at the invitation of Australian Minister for Foreign Affairs Penny Wong.
The economy can achieve the GDP growth target of about 7 percent

The economy can achieve the GDP growth target of about 7 percent

VCN - According to Nguyen Thi Huong, Director General of the General Statistics Office, to achieve the economic growth target in 2024, macroeconomic stability will be an important foundation and it is necessary to continue to maintain exchange rate stability, control inflation, and ensure major balances of the economy.

More News

Vietnamese Prime Minister holds talks with Chinese Premier

Vietnamese Prime Minister holds talks with Chinese Premier

Vietnamese Prime Minister Pham Minh Chinh held talks with Chinese Premier Li Qiang after hosting an official welcome ceremony for the latter in Hanoi on October 13 morning.
China ready to step up multi-sectoral cooperation with Vietnam: Chinese media

China ready to step up multi-sectoral cooperation with Vietnam: Chinese media

The ongoing official visit to Vietnam by Chinese Premier Li Qiang has been widely covered by major Chinese news and press agencies, including Xinhua and People’s Daily.
Vietnam striving to reach year-end GDP target

Vietnam striving to reach year-end GDP target

Vietnam has navigated the first three quarters of the year through a complex and unpredictable global landscape, compounded by significant natural disasters at home.
Vietnam, UK foster auditing cooperation

Vietnam, UK foster auditing cooperation

The State Audit Office of Vietnam (SAV) wishes to foster cooperation with the National Audit Office (NAO) of the UK, especially in the fields of specialised auditing, information technology application in auditing activities, and human resources training, stated Auditor General Ngo Van Tuan at his recent meeting with British Comptroller and Auditor General Gareth Davis in London.
Vietnam’s economy bounces back in post-typhoon period

Vietnam’s economy bounces back in post-typhoon period

Vietnam’s economy has recovered quickly despite external uncertainties and extensive damage caused by Typhoon Yagi, which has greatly affected all socio-economic activities and people’s lives.
PM urges implementation of 3 digital strategic breakthroughs

PM urges implementation of 3 digital strategic breakthroughs

Prime Minister Pham Minh Chinh on October 12 stressed the need to promote three strategic breakthroughs of digital institutions, digital infrastructure, and digital human resources to enable Vietnam to catch up with other nations, advance, and thrive in the new era.
Vietnamese, Australian PMs agree to strengthen cooperation in various fields

Vietnamese, Australian PMs agree to strengthen cooperation in various fields

The PMs also agreed to further instruct ministries and agencies of the two countries to effectively implement the cooperation agreements.
WTO highlights Vietnam’s role in restructuring of global supply chains

WTO highlights Vietnam’s role in restructuring of global supply chains

The World Trade Organisation (WTO) on October 10 released its Global Trade Outlook and Statistics, in which it affirms Vietnam and Mexico have emerged as “connecting” economies – stepping in as the source for many products - in the restructuring of global supply chains that serve the US market.
Vietnam

Vietnam's economy remains growth momentum

VCN- According to Mr. Nguyen Ba Hung, Chief Economist of the Asian Development Bank (ADB), public investment will play a key role in economic recovery and growth in 2024. Fiscal measures to support growth and public investment are key policy solutions to stimulate growth year- end months.
Read More

Your care

Latest Most read
Top Vietnamese leader emphasises fight against wastefulness

Top Vietnamese leader emphasises fight against wastefulness

General Secretary of the Communist Party of Vietnam Central Committee and State President Tô Lâm has written an article, highlighting the fight against wastefulness.
Vietnam’s overseas investment declines in nine months

Vietnam’s overseas investment declines in nine months

Vietnam's overseas investment, including new and adjusted capital, amounted to 189.6 million USD, down 54.5% year-on-year, according to the Ministry of Planning and Investment’s Foreign Investment Agency.
Vietnam-Australia Comprehensive Strategic Partnership develops strongly: Ambassador

Vietnam-Australia Comprehensive Strategic Partnership develops strongly: Ambassador

Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son will pay a visit to Australia and co-chair the 6th Vietnam-Australia Foreign Ministers’ Meeting from October 16-19, at the invitation of Australian Minister for Foreign Affairs Penny Wong.
The economy can achieve the GDP growth target of about 7 percent

The economy can achieve the GDP growth target of about 7 percent

According to Nguyen Thi Huong, Director General of the General Statistics Office, to achieve the economic growth target in 2024, macroeconomic stability will be an important foundation
Vietnamese Prime Minister holds talks with Chinese Premier

Vietnamese Prime Minister holds talks with Chinese Premier

Vietnamese Prime Minister Pham Minh Chinh held talks with Chinese Premier Li Qiang after hosting an official welcome ceremony for the latter in Hanoi on October 13 morning.
Mobile Version