Border gates in Lao Cai province break trade record

Border gates in northern Lao Cai province which borders China posted record trade value of 3 billion USD in 2018, according to the customs office at the Lao Cai International Border Gate.
Border gates in Lao Cai province break trade record ảnh 1Trucks pass the International Land Border Gate No.2 - Kim Thanh in Lao Cai province (Photo: VNA)

Lao Cai (VNA) -Border gates in northern Lao Cai province which borders China posted recordtrade value of 3 billion USD in 2018, according to the customs office at the LaoCai International Border Gate.

Nguyen The Hung, deputy head ofthe Lao Cai Border Gate Customs Sub-department, said the customs sector nowoffers round-the-clock e-customs declaration and the sub-department has easedcustoms procedures for export goods, especially agricultural products.

It has prioritised completingcustoms clearance as soon as possible to export all Vietnamese agriculturalproducts in the morning, he said.

Now, dozens of agriculturalproducts are facilitated for export to China, such as dragon fruit, pepper,lychee, watermelon, mango, banana, cassava and potato.

Thanks to these efforts, lastyear, the export value of agricultural products through the Lao Cai border gatereached 600 million USD, 60 percent of total export value.

Nguyen Viet Quang, Director ofthe Lao Cai Customs Department, said businesses have enjoyed convenient customsprocedures at border gates. Statistics showed that in 2018, 50 more businessesexported or imported through Lao Cai than the previous year.

In recent years, the provincehas won contracts due to having many trade promotion activities, such as aconference on connecting farming product importers and exporters between thetwo countries, an international trade conference, export promotion conferenceand the meeting of Vietnamese and Chinese export-import enterprises, accordingto the Lao Cai Department of Industry and Trade.-VNA
VNA

See more

Local carmaker Kim Long Motor company and Korean Daon Mobility ink an agreement on exporting the local brand bus into the Korean market. Photo courtesy of Kim Long Motor (

Local carmaker to export buses to RoK

It’s expected that the first batch of 50 electric EV Buses will be delivered to the Republic of Korea (RoK) for operation in the second quarter this year.

Tourists from Tashkent to Da Nang (Photo: VNA)

Da Nang launches direct air route to Uzbekistan

Nguyen Thi Phuong, President of Prestige DMC Vietnam, noted that the charter service from Tashkent to Da Nang is being operated through a partnership between Prestige DMC Vietnam, Red Island Company, Centrium-Air Airways, and Prestige Travel Uzbekistan.

ASEAN, China promote cross-border payments

ASEAN, China promote cross-border payments

In the first quarter of 2025, the value of RMB transactions between China and Malaysia reached 102 billion RMB (4 billion USD), up 27% year-on-year, while transactions with Cambodia reached 5 billion RMB (686 million USD), an increase of 45% compared to the same period in 2024.

Vietnamese Ambassador to China Pham Thanh Binh (left) and Chairman of the China Council for the Promotion of International Trade Ren Hongbin. (Photo: VNA)

Vietnam, China eye deepening trade promotion cooperation

The Vietnamese Embassy is ready to act as a bridge in facilitating cooperation between the China Council for the Promotion of International Trade (CCPIT) and Vietnamese partners, as well as in connecting enterprises from both countries, said Ambassador Pham Thanh Binh.

PM Pham Minh Chinh speaks at the meeting. (Photo: VNA)

PM calls for bold, accelerated action in railway development

Prime Minister Pham Minh Chinh has urged ministries, agencies, and localities to act with “greater speed and boldness” to carry out Vietnam’s railway projects at the second meeting of the Steering Committee for key national railway projects in Hanoi on April 26.

Vietnamese Ambassador to Cambodia Nguyen Minh Vu meets with leaders and staff of three rubber companies in Kampong Thom province, Cambodia. (Photo: VNA)

Vietnam, Cambodia deepen investment links in Kampong Thom

Vietnamese Ambassador to Cambodia Nguyen Minh Vu on April 25 paid a working visit to several subsidiaries of the Vietnam Rubber Group (VRG) in Kampong Thom province, and held discussions with provincial leaders to enhance coordination and create more favourable conditions for Vietnamese firms, thereby promoting stronger bilateral investment ties.

Can Tho leaders and Bestway Group executives perform the symbolic launch ceremony for the new project. (Photo: VNA)

Bestway International launches 300 million USD plant in Can Tho city

Once operational, the plant is projected to create over 5,000 direct jobs and generate approximately 500 million USD in annual revenue, primarily through exports. The project is expected to significantly enhance regional employment and economic growth, contributing to Can Tho’s development and the broader Mekong Delta region.

Tra fish processed for export in Dong Thap province (Photo: VNA)

World Bank forecasts Vietnam's GDP growth at 5.8% in 2025

As a trade-oriented economy, with imports and exports representing almost 170% of the GDP, Vietnam is particularly exposed to ongoing shifts in global trade policies. The US remains the largest export destination of Vietnam, accounting for 30% of its total exports, while China makes up 38% of its imports.

Vietnamese Minister of Industry and Trade (MOIT) Nguyen Hong Dien (Photo: VNA)

US calls tariff talks with Vietnam productive

US Trade Representative Jamieson L. Greer and Vietnamese Minister of Industry and Trade (MOIT) Nguyen Hong Dien agreed on the importance of making swift progress towards reciprocal and balanced trade between the US and Vietnam.