Imports and exports via Lao Cai border gate grow by 75% in Q1

VOV.VN - Lao Cai border gate continued to record robust growth in terms of import and export activities, with the value of goods and other services moving across the nation’s northern border reaching approximately US$950 million during the first quarter of the year, a rise of 75% compared to the same period from 2020.

In terms of the overall figure, roughly US$406 million came from exports during the reviewed period, representing an increase of 63% against the same period from last year, with some main export items being dragon fruit, mangoes, watermelons, and bananas.

Hoang Chi Hien, director of the Department of the provincial Industry and Trade, said amid numerous difficulties caused by the impact of the novel coronavirus (COVID-19) pandemic, the northern province’s import-export activities remain bustling. This is largely due to local businesses focusing on deploying numerous production activities for the purpose of initiating economic recovery efforts in the post-COVID-19 period.

Moving forward, this year Lao Cai province is aiming to reach an import and export turnover target of approximately US$4.6 billion, a rise of 30% compared to 2020.

Along with the implementation of synchronous administrative reform across all fields, the province has continued to apply a range of information technologies. This includes the Vietnam Automated Customs Clearance System (VNACCS/VCIS) and the electronic customs clearance system E-Customs which can facilitate the activities of enterprises, along with deploying the National Single Window and the ASEAN Single Window in an effective manner.  

Mời quý độc giả theo dõi VOV.VN trên

Related

Import-export value through Lao Cai’s border gates declines due to COVID-19
Import-export value through Lao Cai’s border gates declines due to COVID-19

Total import-export turnover through border gates of northern Lao Cai province, which borders China, reached nearly US$1.7 billion in 2020, equal to 94% of the previous year.

Import-export value through Lao Cai’s border gates declines due to COVID-19

Import-export value through Lao Cai’s border gates declines due to COVID-19

Total import-export turnover through border gates of northern Lao Cai province, which borders China, reached nearly US$1.7 billion in 2020, equal to 94% of the previous year.

Large farm produce processing factory inaugurated in Lao Cai
Large farm produce processing factory inaugurated in Lao Cai

A VND42 billion (US$1.82 million) vegetable and fruit processing factory was put into operation in Vung Lai commune, Muong Khuong district of the northern mountainous province of Lao Cai on April 7.

Large farm produce processing factory inaugurated in Lao Cai

Large farm produce processing factory inaugurated in Lao Cai

A VND42 billion (US$1.82 million) vegetable and fruit processing factory was put into operation in Vung Lai commune, Muong Khuong district of the northern mountainous province of Lao Cai on April 7.