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

Việt Nam’s GDP growth to outpace region peers: Oxford Economics

Việt Nam’s GDP growth to outpace region peers: Oxford Economics

Việt Nam will be the standout among the top six ASEAN economies (ASEAN-6), growing at a faster pace relative to its peers during the next few years, according to the Oxford Economics, a global economic advisory firm.
PM asks efforts to achieve more than 8 per cent economic growth in 2025

PM asks efforts to achieve more than 8 per cent economic growth in 2025

Prime Minister Phạn Minh Chính has issued Official Dispatch No 137/CĐ-TTg on Friday on accelerating economic growth next year.
Việt Nam

Việt Nam's administrative restructuring will not impact foreign investors, says Foreign Ministry

Under the restructuring roadmap, the government will retain eight ministries and agencies but streamline their internal structures. For the remaining 14, the government will carry out reorganisation and mergers to reduce the number of administrative bodies.
Vietnam’s GDP growth to outpace region peers: Oxford Economics

Vietnam’s GDP growth to outpace region peers: Oxford Economics

Vietnam will be the standout among the top six ASEAN economies (ASEAN-6), growing at a faster pace relative to its peers during the next few years, according to the Oxford Economics, a global economic advisory firm.

More News

Government Party Organisation must be elite, streamlined, ensure effective operations: PM

Government Party Organisation must be elite, streamlined, ensure effective operations: PM

Prime Minister Pham Minh Chinh, head of the Government Steering Committee for summarising the implementation of Resolution 18-NQ/TW of the 12th Party Central Committee, which seeks to streamline the political system for greater efficiency and effectiveness, chaired the fifth meeting of the committee in Hanoi on December 19.
Vietnam among Asia’s 15 largest economies

Vietnam among Asia’s 15 largest economies

The statistical visualisation platform Seasia Stats recently ranked Vietnam among the top 15 economies in Asia, with projected economic output reaching some 506 billion USD in 2025.
Chinese media praises Vietnam’s economic achievements, outlook

Chinese media praises Vietnam’s economic achievements, outlook

Chinese media outlets, including The Paper, CRI, Sohu, Sina, the Guangdong E-Commerce Association's website, and BWC, have published numerous reports and analyses highlighting Vietnam’s remarkable economic achievements in 2024 and its promising outlook for 2025.
Vietnam International Defence Expo 2024 opens

Vietnam International Defence Expo 2024 opens

The Vietnam International Defence Expo 2024 is due to kick off on December 19 morning at Gia Lam airport in Hanoi, gathering more than 200 units and enterprises from over 30 countries worldwide.
Vietnam sees growing number of Chinese investors: forum

Vietnam sees growing number of Chinese investors: forum

With sustained economic growth over years, Vietnam continues to impress and attract an increasing number of Chinese investors, participants said at an investment and trade forum between Ho Chi Minh City and China’s Guangdong-Hong Kong-Macao Greater Bay Area (GBA) in the southern economic hub on December 17.
Border gate planning: Issues for Lang Son

Border gate planning: Issues for Lang Son

VCN - In order to exploit and promote the potential and economic strengths of border gates, helping to realize the aspiration of turning Lang Son into a "green border city" with a "border gate urban area", the requirements for openness and connectivity in border gate planning need to be clearly oriented, allocated and used effectively. In particular, the planning of border gate areas must be associated with the goal of digital transformation, in which human resources, equipment and infrastructure are prioritized.
Vietnam’s GDP growth poised for robust growth in 2024: officials

Vietnam’s GDP growth poised for robust growth in 2024: officials

With just days remaining in 2024, the Vietnamese economic landscape looks promising, with the GDP growth expected to exceed the set target of 7% thanks to concerted efforts by ministries and sectors, according to Deputy Minister of Planning and Investment Tran Quoc Phuong.
Total retail sales of goods, services in 11 months up 8.8%

Total retail sales of goods, services in 11 months up 8.8%

Vietnam’s total retail sales of consumer goods and services saw a year-on-year increase of 8.8% to more than 5.8 quadrillion VND (228.4 billion USD) in January – November, according to the General Statistics Office (GSO).
Vietnam should tap domestic market for economic growth: insiders

Vietnam should tap domestic market for economic growth: insiders

Vietnam's domestic market still holds significant untapped potential, and stimulating domestic consumption is a vital strategy to drive economic growth in the near future, according to economic experts.
Read More

Your care

Latest Most read
Việt Nam’s GDP growth to outpace region peers: Oxford Economics

Việt Nam’s GDP growth to outpace region peers: Oxford Economics

Việt Nam will be the standout among the top six ASEAN economies (ASEAN-6), growing at a faster pace relative to its peers during the next few years, according to the Oxford Economics, a global economic advisory firm.
PM asks efforts to achieve more than 8 per cent economic growth in 2025

PM asks efforts to achieve more than 8 per cent economic growth in 2025

Prime Minister Phạn Minh Chính has issued Official Dispatch No 137/CĐ-TTg on Friday on accelerating economic growth next year.
Việt Nam

Việt Nam's administrative restructuring will not impact foreign investors, says Foreign Ministry

Under the restructuring roadmap, the government will retain eight ministries and agencies but streamline their internal structures. For the remaining 14, the government will carry out reorganisation and mergers to reduce the number of administrative bodies.
Vietnam’s GDP growth to outpace region peers: Oxford Economics

Vietnam’s GDP growth to outpace region peers: Oxford Economics

Vietnam will be the standout among the top six ASEAN economies (ASEAN-6), growing at a faster pace relative to its peers during the next few years, according to the Oxford Economics, a global economic advisory firm.
Government Party Organisation must be elite, streamlined, ensure effective operations: PM

Government Party Organisation must be elite, streamlined, ensure effective operations: PM

Prime Minister Pham Minh Chinh, head of the Government Steering Committee for summarising the implementation of Resolution 18-NQ/TW of the 12th Party Central Committee, which seeks to streamline the political system for greater efficiency and effectiveness, chaired the fifth meeting of the committee in Hanoi on December 19.
Mobile Version