Cross-border business busy after China’s border reopening

As soon as China reopened its border on January 8, business of Vietnam and China turned busy again after a nearly three-year disruption due to the COVID-19 pandemic.
Cross-border business busy after China’s border reopening ảnh 1Trucks travel through Kim Thanh International Bordergate in the northern province of Lao Cai.(Photo: thanhnien.vn)

Hanoi (VNA) – As soon as China reopened itsborder on January 8, business of Vietnam and China turnedbusy again after a nearly three-year disruption due to the COVID-19 pandemic.

Deputy head of the border station based at the Kim ThanhInternational Bordergate in the northern province of Lao Cai Senior Lieutenant HoangMinh Du said that from January 8, the volume of goods traded via the bordergate increased daily.

Particularly, on January 11, the border gate saw 71trucks carrying goods for export and 158 trucks carrying imports goods.

Before the outbreak of the COVID-19 pandemic, about 200trucks travelled through the border gate daily. 

However, at theborder gate, China still mainains the delivery of import and exportgoods by specialised drivers who can drive trucks through the bordergate from China to Vietnamand vice versa but the drivers are not required to wear protectiveclothesanymore, according to Du.

The goods-checking stage is also removed so the deliveryof import and export goods between enterprises of the two countries isconvenient and fast, he said.

In the border province of Lang Son, parking areas at the TanThanh Border Gate and the Huu Nghi International Border Gate are filled with trucksthat carry products for export.

The truck drivers are no longer required to wearprotective clothing and they can talk to each other when queuing forcheck-in procedures. 
Nguyen Thi Ngoc Nhung, a representative of the Hoa CuongFruit Import-Export Co., Ltd from the southern province of Long An, said thather company exports five to six containers of jackfruit and dragon fruit to China everyday through border gates in Lang Son.

Previously, once reaching the border gate, her trucks hadto wait for at least a half day and drivers must open containers forauthorities to check goods and take samples for COVID-19 testing.

Thus, her company had to spend an additional 2 - 4million VND (85-170 USD) for each truck at that time.

From January 8 to now, businesses have saved tens ofmillions of dong every day when they no longer have to pay for diseaseprevention and control, Nhung told Thanh Nien (Young People) newspaper.

Huynh TanDat, Deputy Director of the Plant Protection Department under the Ministry ofAgriculture and Rural Development, said that China is the most important exportmarket of Vietnam's agricultural sector, including the fruit and vegetableindustry.

Dat saidthat if Vietnam's agricultural products and fruits meet requirements on food safety, quality,and product design, the country has a great opportunity to export to China.

As Vietnamand China share a long border with numerous border gates, Vietnam has a competitiveadvantage in terms of price and transportation costs, Dat said, adding that theexport of Vietnamese agricultural products to China, particularly durian,banana, and sweet potato will grow strongly this year.

DeputyMinister of Agriculture and Rural Development Phung Duc Tien, Vietnam's exportsof agricultural goods and products to China account for about 19.2% of themarket share of goods and agricultural products imported to the country.

China'sborder reopening is a great opportunity for Vietnamese goods and agriculturalproducts to penetrate deeply into that market, Tien said./.

VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.