Bustling trade activities at border gates
Border gates have been bustling with trade activities in the first months of 2018.
Lao Cai international border gate (Source: internet)Hanoi (VNA) – Border gates have been bustling with trade activities in the first months of 2018.
In January, total import-export turnover through Tra Linh border gate in the northern province of Cao Bang surged 806.98 percent year-on-year to 8.8 million USD, of which exports exceeded 3.2 million USD with cashew nut and bamboo the main products.
From the beginning of the year to February 19, the customs department at Huu Nghi border gate in the northern province of Lang Son processed more than 6,470 sets of import-export declarations worth some 371 million USD, up 163 percent year-on-year.
According to the Department of Industry and Trade in the northern province of Lao Cai, total import-export revenue through the locality was estimated at 409.91 million USD, nearly 14 percent of the yearly target. Of which, exports exceeded 165 million USD.
In February, the locality recorded trade turnover of 220 million USD, up 18.98 percent against the previous month. Of which, exports were valued at 90 million USD, up 18.97 percent against January.
Such positive trade outcomes were attributed to synchronous measures to prevent smuggling and trade fraud and to simplify administrative procedures to facilitate trade.-VNA
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