Vietnam develops border gates into key economic zones


Lao Bao International Border Gate in Quang Tri Province (from Vietnam side). — VNA/VNS

HANOI: Northern provinces are focusing on building infrastructure to attract investment and putting border gates on digital platforms to develop the areas into key economic zones while ensuring border security and defence.

Quang Ninh Province, home to three border economic zones of Mong Cai, Hoanh Mo – Dong Van and Bac Phong Sinh, has instigated key breakthroughs in strategy to develop modern transport infrastructure, facilitating trade exchanges and economic development in zones.

The Van Don - Mong Cai Highway was put into operation two years ago, forming a network that connects Lao Cai, Hanoi, Hai Phong, Van Don and Mong Cai and links Lao Cai and Mong Cai International Border Gates with China’s Hekou and Dongxing ones.

Meanwhile, the border gate economic zone in Lang Son Province has attracted 154 domestic and foreign projects worth over US$738 million since 2016, most of which are in the area of infrastructure development, meeting the demand of trade exchanges in the border areas.

In Cao Bang Province, nearly VNĐ300 billion from the State budget was injected into its border gates for the construction of essential infrastructure during 2021-2023, helping the locality attract 54 domestic and foreign projects.

As State capital has also been arranged for the development of the border gate economic areas in Ha Giang and Lai Chau provinces, they have seen robust trade activities and better State budget collection.

However, several localities are facing challenges in developing economy at their border gates, including poor transport connectivity between Ha Giang and economic hubs, along with import-export procedures in Cao Bang Province.

The Prime Minister agreed to select eight key border gate economic zones to receive State monies for development in the 2021-2025 period. They are Mong Cai, Dong Dang-Lang Son, Lao Cai and Cao Bang border gate economic zones in the northern provinces of Quang Ninh, Lang Son, Lao Cai and Cao Bang, respectively.

Also on the radar for development is the Cau Treo international border gate economic zone in the central province of Ha Tinh, the Lao Bao special economic-trade zone in the central province of Quang Tri, the Moc Bai border gate economic zone in the southern province of Tay Ninh and the Mekong Delta province of An Giang’s border gate economic zone. — Vietnam News/ANN

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Vietnam , border , gate ,

   

Next In Aseanplus News

Thai police hunt Cambodian over ex-politician's murder
Drunk China pop idol gets social media ban for swearing, giving middle finger on live-stream
Mysterious disease kills 14 in Jammu and Kashmir’s Rajouri village, neurotoxins found in samples
Jeju Air wreckage retrieved
Bruneian students embark on journey to Japan
I used Jho Low's China connections for Malaysia's benefit, Najib tells court
Trending off TikTok? US users going to China’s RedNote face challenges, analysts say
Myanmar earns over USD$1.6mil from honey exports in nine months
Nearly two million children in Cambodia live in areas with high climate risk: report
Laos prepares to conduct population, housing census

Others Also Read