Wednesday, November 13, 2024 6:44:03 AM - Markets closed
VN-INDEX 1,244.82 -5.50/-0.44%
HNX-INDEX 226.69 -0.17/-0.07%
UPCOM-INDEX 92.39 -0.01/-0.01%
Vietam develops border gates into key economic zones
vietnamnews - 9/17/2024 3:05:52 PM
 (0 ratings. You must sign in to rate.)
Building infrastructure to attract investment and operating border gates on digital platforms are the focuses of northern provinces to develop the gates into key economic zones, while ensuring security and defence.
 
 
Lao Bảo International Border Gate in Quảng Trị Province (from Việt Nam side). — VNA/VNS Photo Hồ Cầu
 
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.
 
Quaqng Ninh Province, home to three border economic zones of Mong Cai, Hoanh Mo – Đong 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 Đon - Mong Cai Highway was put into operation two years ago, forming a network that connects Lao Cai, Ha Noi, Hai Phòng, Vân Đồn and Móng Cái and links Lao Cai and Mong Cai International Border Gates with China’s Hekou and Dongxing ones.
 
Meanwhile, the border gate economic zone in Lạng Sơn 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 Hà Giang and economic hubs, along with import-export procedures in Cao Bằng 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, Đong 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 Bảo 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. — VNS
 
 
Read original article here

Read original article here

Newer News
12/11 National Assembly deputies have been debating whether a 5 per cent VAT tax on fertiliser should be reintroduced during a season in Hà Nội.
12/11 First ESG real estate complex in Vietnam to be built in Da Lat
12/11 63% of Vietnamese consumers expected to increase spending on essential goods in 2025
12/11 VN's trade turnover surges 16% in ten months
11/11 Footwear industry eyes UKVFTA to bolster exports
11/11 Ten-month retail sales of consumer goods, services up 8.5%
11/11 Vietnamese e-commerce platform revenues fall in third quarter
11/11 Processing, manufacturing industry needs to further penetrate global supply chains
11/11 Vietnam attracts a new wave of high-value investments
11/11 Vietnam to maintain economic growth in 2025: forum
Older News
17/09 Vietnam's seafood exports continue recovery
16/09 M&A market signals rising activity
16/09 Eco-industrial parks vital to achieving net zero emission target by 2050
16/09 Vietnam likely earn $5b from rice exports this year
14/09 India imposes anti-subsidy duties on steel imports from Vietnam
14/09 'C = SET + 1' Strategy can realise Việt Nam's semiconductor ambitions
13/09 Vietnam, Maldives explore economic opportunities
13/09 Conferences seek expert opinions on investment law amendments
13/09 Vietnam needs to curb the glut of cheap products
12/09 Vietnam’s tourism revenue on National Day holiday reaches about $90 million
 
Newsletter Signup
Top Stories
VCCI recommends mineral mining rights be granted through auction and bidding
Central bank works to raise interbank rates and ease forex market
Inflation a concern following salary increases
National Council for Sustainable Development established
Việt Nam, Cambodia look forward to $20 billion trade
Market Update
Last updated at 3:05:02 PM
VN-INDEX 1,244.82 -5.50/-0.44%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.