Quang Ninh: cross-border trade flourishes

Import-export turnover through Mong Cai border economic zone in the northern province of Quang Ninh, hit more than 1.8 billion USD in the first month of 2016.
Quang Ninh: cross-border trade flourishes ảnh 1Mong Cai border gate - Illustrative image (Source: VNA)
Quang Ninh (VNA) – Import-export turnover through Mong Cai city, which is a border economic zone  in the northern coastal province of Quang Ninh,hit more than 1.8 billion USD in the first month of 2016, representing ayear-on-year increase of 169.7 percent.

The value of exports going through the border gate in the period reached 855million USD, up 186.1 percent against January last year, Vice Chairman of theMong Cai city People’s Committee Nguyen Tien Dung was quoted as saying by CongThuong (Industry and Trade) newspaper.

The Mong Cai border gate’s customs section said the agency approved 2,806 customsdeclarations from export and import enterprises from January 1 – February 4,with a total value of 2.9 billion USD, collecting 45.66 billion VND (over 2million USD) for the State budget.

Minh Thang port under the Minh Thang Co., Ltd was put into operation on January29, carrying out customs clearances for about 20 containers per day.

The Thanh Dat Inland Container Depot also witnessed bustling activities in January.Deputy Director of the port Thanh Dat said about 50-60 containers were clearedby customs at the port per day.

Nguyen Tien Dung said municipal authorities have worked to fully exploit thelocality’s strengths of border-gate economy, contributing to changing the localeconomic structure.

The city has also held dialogues with enterprises and investors in the localitywith the aim of timely addressing difficulties facing them.

Vo Hong Chung, deputy head of the Mong Cai border gate’s customs section saidhis agency is willing to work around theclock for customs clearance at the gate.

To develop Mong Cai into a modern international border gate city, municipalauthorities are focusing efforts on key infrastructure projects, such as theBac Luan 2 Bridge, and the upgrading and expansion of Bac Luan border gate 1.

Administrative procedures were simplified while the time for customs clearancewas shortened, helping reduce expenses for enterprises./.
VNA

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