In 2022, two-way trade between Yunnan (China) and the bordering provinces of Vietnam is expected to reach US$3.25 billion. The provincial authorities of Vietnam's Lao Cai and China's Yunnan agreed on March 28 to take necessary measures to lift their comprehensive ties, especially trade. A truck that links Lao Cai and Yunnan Province passes the Kim Thanh II International Border Gate. Photo: The Hanoi Times "The comprehensive partnership between Lao Cai and Yunnan has improved tremendously in recent years, but it has not reached its full potential," said Hoang Quoc Khanh, permanent vice chairman of the Lao Cai Provincial People's Committee. Khanh suggested that Yunnan authorities further relax regulations and facilitate cross-border trade and travel between the two nations to improve bilateral relations. The Lao Cai official said Chinese authorities should restore trade and travel activities to pre-pandemic levels. He also urged the Chinese government to … [Read more...] about Lao Cai and Yunnan provinces agree to strengthen bilateral ties
Logistics
Quang Ninh works on air cargo transport route with Can Tho
The route, to be launched by low-cost airline Vietjet on April 25, aims to enable fastest cargo transportation between the Northern and Southern parts of the country and ease overload in the North-South road, Ky said, adding that tickets for the service have been on sale from March 9. The administrations of Quang Ninh and Can Tho will accompany and give optimal support to businesses, investors and airlines to ensure lowest transportation costs, he pledged. According to the Asian-African Market Department under the Ministry of Industry and Trade, China has included Quang Ninh's Mong Cai Border Gate in the list of sites eligible to cater to food imports into China. It is expected that the amount of food to be cleared before entering China through Mong Cai (Vietnam) - Dongxing (China) International Border Gate will reach a maximum of 200,000 tonne per year. Currently, China is a traditional market with high demand for Vietnamese agricultural and aquatic products. Notably, the Mong … [Read more...] about Quang Ninh works on air cargo transport route with Can Tho