PM orders resumption of cross-border trade with China

Feb 7th at 08:48
07-02-2020 08:48:41+07:00

PM orders resumption of cross-border trade with China

PM Nguyen Xuan Phuc has ordered the resumption of cross-border trade with China to ensure economic activities are not affected by the coronavirus epidemic.

The order, issued Thursday, said cargo train and aircraft could also continue operating between the two countries as long as safety measures are conducted to prevent spread of the 2019-nCoV.

The order comes after Vietnamese authorities closed northern border gates following the Lunar New Year (Tet) holiday, resulting in hundreds of containers carrying dragon fruits and watermelons getting stuck, unable to enter China.

As of Thursday, 60 containers at the Tan Thanh Border Gate in Lang Son Province had been cleared to enter China. More than 200 containers are awaiting similar clearance.

China is the largest market for Vietnamese agriculture, forestry and seafood products, accounting for 27.8 percent of the sectors’ last year’s export value of almost $8.5 billion.

vnexpress



NEWS SAME CATEGORY

Vietnam-China Jan trade plummets on new year holiday, virus

Trade between Vietnam and China fell sharply in January due to the week-long Lunar New Year holiday and coronavirus epidemic that has led to transport and supply...

Vietnam expects first-quarter GDP growth 1 percentage point below target due to China virus, Lunar New Year

Vietnam’s gross domestic product growth in the first quarter of this year “will likely be one percentage point slower” than the 6.8% target due to China’s...

Da Nang licenses 14 foreign-invested projects in January

The central coastal city of Da Nang granted licences to 14 foreign-invested projects with total registered capital of nearly $1.69 billion in January, the municipal...

Coronavirus to hit Vietnam’s GDP growth: PM

The spread of a new coronavirus could reduce Vietnam’s gross domestic growth in the first quarter of this year by one percentage point, Prime Minister Nguyen Xuan...

Vietnam to feel bad economic contagion of coronavirus: ANZ

The new coronavirus is estimated to shave 0.81 percentage points off Vietnam's annual GDP growth.

Sustainable development a $45 billion opportunity for the private sector: Standard Chartered

Viet Nam presented a US$45 billion opportunity for the private sector to invest in sustainable development to help achieve the United Nations’ Sustainable...

nCoV fight should not affect national development: PM

Drastic actions must be taken to fight the acute respiratory disease caused by the 2019 novel coronavirus (nCoV), but they must not affect the country’s...

Novel coronavirus to slow Q1 growth: report

The novel coronavirus epidemic will slow Vietnam’s Q1 GDP growth to 6.5 percent from last year’s 6.79 percent, a new report says.

Ba Ria-Vung Tau targets place among top 3 FDI destinations in Viet Nam

The southern province of Ba Ria-Vung Tau has announced measures that could help achieve its target of becoming one of the three provinces to attract the highest...

Ca Mau attracts $930m investment in 2019

The Mekong Delta province of Ca Mau granted licences to 24 investment projects with total registered capital of more than VND21.5 trillion (US$930 million) in 2019...


MOST READ


Back To Top