The southern province of Tay Ninh will establish a board to manage its international and national border gates before February 15.
According to Pham Van Son, deputy head of the Tay Ninh economic zone management board, the establishment is implemented under the Prime Minister’s decision on managing activities at land border gates.
The new management board will have to coordinate with other relevant agencies in putting forth common statutes on maintaining security, order and peace with neighbouring Cambodia.
Sharing over 240 kilometres of border with Cambodia, Tay Ninh province plays an important role in promoting foreign economic relations development strategies.
It is a link in sub-regional cooperation programmes, as well as regional and international economic integration plans.
In its socio-economic development strategy, the province has identified the border economic zones as a momentum to accelerate the growth and restructuring of its economy towards industrialisation and modernisation
Tay Ninh has Moc Bai Border Gate Economic Zone and Xa Mat Border Gate Economic Zone, which are both very dynamic, contributing to the local socio- economic development.
The Moc Bai Border Gate not only acts as a trade gateway between Tay Ninh province and Cambodia, but also plays an important role in forming outward economic development as well as an international trade centre of the sub-regional cooperation plans under the economic development strategy of the south of Vietnam.
The zone is among the few border economic zones allowed by the Prime Minister to implement open policies towards the "non-tariff" for the commercial and industrial areas within the border economic zones. The policies offer many investment incentives including zero-tax or reduced tax for companies and individuals, and facilitate immigration and residency at the border economic zone.
Meanwhile, the Xa Mat zone is the most important international border gate of the southern region as it is located on Highway 22B, considered the backbone road connecting the Tonle Sap Lake tourist site with Phnom Penh (Cambodia) and Bangkok (Thailand), and the other northern provinces of Cambodia and Laos, and onward to Myanmar and India.-VNA
According to Pham Van Son, deputy head of the Tay Ninh economic zone management board, the establishment is implemented under the Prime Minister’s decision on managing activities at land border gates.
The new management board will have to coordinate with other relevant agencies in putting forth common statutes on maintaining security, order and peace with neighbouring Cambodia.
Sharing over 240 kilometres of border with Cambodia, Tay Ninh province plays an important role in promoting foreign economic relations development strategies.
It is a link in sub-regional cooperation programmes, as well as regional and international economic integration plans.
In its socio-economic development strategy, the province has identified the border economic zones as a momentum to accelerate the growth and restructuring of its economy towards industrialisation and modernisation
Tay Ninh has Moc Bai Border Gate Economic Zone and Xa Mat Border Gate Economic Zone, which are both very dynamic, contributing to the local socio- economic development.
The Moc Bai Border Gate not only acts as a trade gateway between Tay Ninh province and Cambodia, but also plays an important role in forming outward economic development as well as an international trade centre of the sub-regional cooperation plans under the economic development strategy of the south of Vietnam.
The zone is among the few border economic zones allowed by the Prime Minister to implement open policies towards the "non-tariff" for the commercial and industrial areas within the border economic zones. The policies offer many investment incentives including zero-tax or reduced tax for companies and individuals, and facilitate immigration and residency at the border economic zone.
Meanwhile, the Xa Mat zone is the most important international border gate of the southern region as it is located on Highway 22B, considered the backbone road connecting the Tonle Sap Lake tourist site with Phnom Penh (Cambodia) and Bangkok (Thailand), and the other northern provinces of Cambodia and Laos, and onward to Myanmar and India.-VNA
