Business

Lao Cai ensures smooth cross-border trade during Tet

Customs officials will be on duty to ensure smooth flow of goods via Lao Cai Border Gate in the northern mountainous province of Lao Cai during Tet (Lunar New Year) holiday, head of the province’s economic zone authority Vuong Quoc Vinh said on February 6.
Lao Cai ensures smooth cross-border trade during Tet ảnh 1Lao Cai's January cross-border trade reach nearly 183 million USD. (Photo: VNA)
Lao Cai (VNA) – Customs officials will be on duty to ensuresmooth flow of goods via Lao Cai Border Gate in the northern mountainous provinceof Lao Cai during Tet (Lunar New Year) holiday, head of the province’s economiczone authority Vuong Quoc Vinh said on February 6.

A report from the provincial Department of Industry and Trade showed that Lao Cai January cross-border trade reached nearly 183 million USD, ayear-on-year surge of 39.66%.

The province shipped 62.54 million USD worth of products via the gate, up30.86% from the same time last year, while spending 38.18 million USD on importsfrom China, increasing 42.81% yearly.

Deputy head of the Lao Cai Border Gate Customs Office Nguyen Thi Thanh Binh saidthat trade activities at the gate have been stable from the outset of the year,with customs procedures cleared for more than 300 vehicles per day.

Currently, there are some 600 enterprises registering for trade activities viathe border gate, she added.

As Lao Cai eyes 4.5 billion USD in trade via the border gate in 2024, theprovince has directed competent sectors to enhance innovation and comprehensivedigital transformation, helping improve transparency in administrativeprocedures.

Besides, the province will work toeffectively implement the cooperation agreements between Vietnam and China,develop the Lao Cai – Hekou International Border Gate, adjust land andconstruction planning inside the border gate economic zone, and step upinfrastructure development at the border gate, among others./.
VNA
#customs official #smooth flow of goods #Lao Cai Border Gate #Tet holiday #cross-border #infrastructure development #Vietnam News Agency #Vietnamplus Lao Cai
Follow VietnamPlus

Related News

Vietnam, China push up cross-border trade

Vietnam, China push up cross-border trade

Permanent Vice Chairman of the Lang Son provincial People's Committee Duong Xuan Huyen held a working session with a visiting delegation from the People's Government of China's Guangxi Zhuang Autonomous Region on November 30 to discuss measures to facilitate exchanges and cross-border trade.
Enhancing cooperation – key to fighting cross-border crimes

Enhancing cooperation – key to fighting cross-border crimes

Prosecutors-General from the Association of Southeast Asian Nations (ASEAN) and China on December 6 issued a joint declaration under which they agreed to unify both awareness and action to enhance international cooperation in the fight against high-tech and cross-border crimes.
Lang Son strictly quarantines cross-border farm produce

Lang Son strictly quarantines cross-border farm produce

Authorities in border areas of the northern province of Lang Son have tightened inspection and management, and used modern specialised equipment to rigorously control the safety of agricultural products exported to and imported from China via border gates, in a bid to prevent the spread of both traditional and exotic diseases.

See more

Illustrative image (Photo: VNA)

Vietnam remains Singapore’s third-largest seafood supplier in 2025

Data released by the Accounting and Corporate Regulatory Authority of Singapore (ACRA) show that Singapore spent 125.5 million SGD (97.7 million USD) importing seafood from Vietnam last year, up 10.7% year on year, accounting for 10.3% of the city-state’s total seafood import market.

Workers assemble mobile phone components at Diem Thuy Industrial Park in the northern province of Thai Nguyen. (Photo: VNA)

Electronics exports surpass 107 billion USD in 2025

With an export turnover of 107.75 billion USD in 2025, computers, electronic products and components not only maintained their position as Vietnam’s largest export by value, but also contributed more than half of the overall increase in the country’s export turnover in 2025.

Experts said that Vietnam’s economic outlook continues to be underpinned by stable foreign direct investment inflows and public investment, which is playing an important role in driving growth. (Photo: thoibaotaichinh.vn)

Foreign investors maintain strong confidence in Vietnam’s market

Looking ahead to 2026, prospects remain bright as manufacturing, economic growth and foreign investment in Vietnam are expected to stay robust, with the country forecast to post the highest growth rate in the region this year, according to Adam Sitkoff, Executive Director of the American Chamber of Commerce (AmCham) in Vietnam.

Toy production at a Hong Kong-invested factory (Photo: VNA)

Vietnam targets deeper market penetration in Hong Kong in 2026

Vietnam-Hong Kong trade hit 62.3 billion USD in the first 11 months of 2025, soaring 73.1% annually. Vietnamese exports to Hong Kong amounted to 36.8 billion USD, a 90.6% hike, ranking fourth among Hong Kong’s import sources, while imports from Hong Kong stood at 25.5 billion USD, up 52.9% and ranking third.

Vietnam’s start-up market enters restructuring phase

Vietnam’s start-up market enters restructuring phase

In 2026, venture capital inflows into Vietnam’s start-up ecosystem are expected to recover gradually, though in a more selective manner. VinVentures forecasts that capital will focus on start-ups that have survived the rigorous screening of 2024–2025, possess clear business models, strong commercialisation capacity, and the ability to generate real cash flows.

Workers process tra (pangasius) for export (Photo: VNA)

Vietnam–Singapore trade continues to thrive

For the year as a whole, Vietnam retained its position as Singapore’s 10th largest trading partner. Bilateral trade reached a record high of nearly 40 billion SGD, up 26.2% from the previous peak of 31.67 billion SGD recorded in 2024.

Eric Van Vaerenbergh, an energy expert and lecturer at the Brussels Engineering School (ECAM) (Photo: VNA)

Belgian expert optimistic about Vietnam’s economic outlook

Vietnam should move from a growth model based mainly on expanding capital and labour to one driven by productivity improvements. He said that this requires enhancing the quality of the workforce, particularly engineers, technicians, and managers in industrial sectors.