Heineken to shift production from Singapore to Vietnam and Malaysia
Dutch brewer Heineken will shift its brewing production from Singapore to Vietnam and Malaysia as part of its strategy to build a more agile regional supply approach.
Lao Cai ensures smooth cross-border trade during Tet
Customs officials will be on duty to ensure smooth flow of goods via Lao Cai Border Gate in the northern mountainous province of Lao Cai during Tet (Lunar New Year) holiday, head of the province’s economic zone authority Vuong Quoc Vinh said on February 6.
 |
| Lao Cai ensures smooth cross-border trade during Tet |
A report from the provincial Department of Industry and Trade showed that Lao Cai January cross-border trade reached nearly 183 million USD, a year-on-year surge of 39.66%.
The province shipped 62.54 million USD worth of products via the gate, up 30.86% from the same time last year, while spending 38.18 million USD on imports from China, increasing 42.81% yearly.
Deputy head of the Lao Cai Border Gate Customs Office Nguyen Thi Thanh Binh said that trade activities at the gate have been stable from the outset of the year, with customs procedures cleared for more than 300 vehicles per day.
Currently, there are some 600 enterprises registering for trade activities via the border gate, she added.
As Lao Cai eyes 4.5 billion USD in trade via the border gate in 2024, the province has directed competent sectors to enhance innovation and comprehensive digital transformation, helping improve transparency in administrative procedures.
Besides, the province will work to effectively implement the cooperation agreements between Vietnam and China, develop the Lao Cai – Hekou International Border Gate, adjust land and construction planning inside the border gate economic zone, and step up infrastructure development at the border gate, among others./.
Dành cho bạn
Đọc thêm
Lynas secures Vietnam metal processing deal with LS Eco Energy
Australian rare-earths miner Lynas has signed a framework agreement with LS Eco Energy to produce rare earth metals at a new facility in Vietnam.
Vietnam and EU seek to strengthen ties in transport infrastructure and urban development
Vietnam and the EU will enhance cooperation in transport infrastructure and sustainable urban development in the future, a meeting has heard.
Warburg Pincus eyes participation in Vietnam International Finance Centre
Global private equity firm Warburg Pincus is keen on participating in the Vietnam International Finance Centre, according to a conference held on March 23.
Novatek eyes expanded LNG cooperation in Vietnam
As Vietnam races to secure its energy future and meet the demands of its surging economy, a new partnership with a Russian energy giant is taking shape, signalling a deepening of the nations' long-standing ties.
EU to mobilise over $1 billion for major infrastructure projects in Vietnam
The European Union has launched a $46.4 million Sustainable Transport Development Fund to support large-scale infrastructure projects in Vietnam, with plans to mobilise additional financing from banks and private partners.
NIC partners with TU Berlin to boost Vietnam innovation ties
The National Innovation Centre has partnered with a leading technical university in Berlin to strengthen innovation and startup linkages between Vietnam and Germany.
ACB proposes $20 million non-life insurance subsidiary
Southern lender ACB has unveiled a formal proposal to establish a non-life insurance subsidiary as part of a strategic pivot to evolve into a comprehensive financial services provider by 2030.
