Northern province boosts cross-border trade

The northern province of Lang Son has been taking numerous breakthrough solutions in order to push up the cross-border trade to neighbour China and develop the border areas’ infrastructure.
The northern province of Lang Son has been taking numerousbreakthrough solutions in order to push up the cross-border trade toneighbour China and develop the border areas’ infrastructure.

Sharing more than 200 km of the border line with China ’s Guangxiprovince, Lang Son has two international and two local main border gatesto China , not mention to auxiliary ones. With motorway and railwaysystems, the province is one of the major centres for the economiccooperation between Vietnam and ASEAN with China , and also the firsttip in the economic corridor connecting Lang Son, Hanoi , Hai Phongcity and Quang Ninh province of Vietnam with Nanning city ofChina .

With its geographic advantages, Lang Son has become a big entrepot of Vietnam and ASEAN countries to China .

According to Bui Gia Tuan, Deputy Director of the provincialDepartment of Industry and Trade, the cross-border trade between LangSon and Guangxi has been strongly developing with the export-importturnover increasing. The foreign investment, mostly from Guangxi andother Chinese localities, so far has reached nearly 200 million USDinjected in 30 projects; and the import-export turnover was 1.5 billionUSD.

The province’s export staples to Chinainclude farming, forestry and fishery products, minerals and consumergoods. The locally-processed products include star aniseeds, resin,medicinal herbs, metal ores, and wood chips fetching 36 million USD inthe first nine months, up 40 percent over the same period last year. Theimport staples include machines, equipment, steel, vans and transportfacilities, fruits and consumer goods.

Ha Hong, ViceHead of the Dong Dang Border Economic Zone Management Board, said LangSon plans to develop the Dong Dang EZ to an economic complex. It willpush up investment and exploit potentials with the aim of becoming keypart of the northern economic quadrangle of Lang Son-Hanoi-HaiPhong-Quang Ninh.

The province will facilitateinvestment in socio-economic infrastructure projects, and give moreincentives to domestic and foreign exporters-importers doing businessvia the province.

Lang Son has recently organised aseminar on accelerating export-import on the occasion of the 60thanniversary of diplomatic ties between Vietnam and China./.

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