Lang Son: The value of trade flows through the Huu Nghi international border gate in the northeastern province of Lang Son surpassed 2.5 billion USD as of the end of October, up 13% year-on-year. Of the total figure, exports accounted for over 1.2 billion USD. Located on the Vietnam-China border, Huu Nghi is a critical gateway for trade and cultural exchange between the two countries. According to its customs unit, the border gate currently processes between 700 and 800 vehicles daily, with approximately 200 of these carrying export goods. Key imports and exports include industrial machinery, electronic components, household appliances, automobiles, farm produce, chemicals, and metals.
According to Vietnam News Agency, the increased trade activities at Huu Nghi border gate highlight the growing economic interactions between Vietnam and China. The consistent flow of goods through this border gate underscores its significance in facilitating bilateral trade and supporting the economic growth of the region. The
diversity of goods being traded, ranging from industrial machinery to farm produce, reflects the broad spectrum of economic activities and cooperation between the two nations.
The Huu Nghi border gate’s performance also points to the efficiency and capacity of the customs and border control operations, which manage to handle a substantial volume of vehicles and goods daily. This efficiency is crucial in ensuring smooth trade operations and minimizing delays, which can impact the economic benefits for both countries involved. The continued growth in trade at this border gate may also prompt further investments in infrastructure and technology to support the increasing demand and enhance trade facilitation.
Overall, the Huu Nghi international border gate remains a vital conduit for Vietnam-China trade, contributing significantly to the economic landscape of the region and fostering stronger ties between the two countries.