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Thousands of trucks still stuck at border gates

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Trucks carrying Vietnamese goods stranded at Móng Cái Border Gate in northern Quảng Ninh Province as China tightens COVID-19 prevention and control restrictions at the end of the year. VNA/ Photo Thanh Vân

HÀ NỘI — Thousands of container trucks still lie stranded at border gates in northern provinces, queuing for customs clearance, according to Âu Anh Tuấn, director of the Customs Control and Supervision Department.

Tuấn said traffic still tailed back at the Việt Nam-China border while new trucks continued to arrive in northern provinces, worsening the situation.

Authorities are now looking at ways to ease the congestion and get container trucks cleared to cross the border at a faster pace.

China’s tightened COVID-19 preventive measures on people, vehicles and goods packaging has led to sluggish customs clearance. Some border gates are processing customs procedures at a rate much below normal.

Tuấn said another contributing factor was crops recently harvested in Việt Nam’s southern provinces and rising demand in China has resulted in vehicles, loaded with agricultural produce, coming to northern border gates in large numbers.

The news that China would temporarily suspend the imports of frozen preserved goods during the Lunar New Year holiday has also compounded the problem, leaving many firms in a rush to export. A large flow of traffic to the border in a short period of time gives rise to congestion.

At a conference held Tuesday to look at solutions to ease the congestion, Tuấn said: “The number of trucks passing customs clearance has been dropping recently to around 300-400 trucks per day in Lạng Sơn.

“Meanwhile, new trucks from inland keep coming to the province in large numbers. This mass exodus, coupled with a limited capacity of car parks, continue to fuel congestions at border gates.”

By December 21, the number of trucks lying idle at Lạng Sơn was 4,461, of which 1,389 were at Hữu Nghị border gate, 2,456 at Tân Thanh and 616 at Chi Ma.

Many trucks have taken alternative routes and headed for Móng Cái (Quảng Ninh) to circumvent the bottleneck, but found themselves jammed in Quảng Ninh as well. In total, about 6,200 trucks are bumper-to-bumper at border gates waiting for customs clearance so far.

Since Chinese customs authorities can only accept a small number of vehicles in the long line at the border, congestion increased.

To make the situation worse, the Chinese authorities announced on December 22 the temporary closure of the Móng Cái border gate due to a COVID-19 case being detected. This was bad news for more than 1,000 vehicles awaiting importing procedures as they have been on hold for nearly two weeks.  

In Lạng Sơn, there used to be three border gates working, Hữu Nghị, Tân Thanh and Chi Ma, but now only Hữu Nghị performs customs clearance. Chi Ma has suspended clearance since December 8 and Tân Thanh followed suit on December 18.

At the press conference, some solutions were discussed including splitting each border gate into two new gates, one for agricultural produce and the other for industrial products, round-the-clock customs clearance, and increasing the number of transit drivers between the two countries.

Tuấn said the division of the border gate was difficult to pull off as it required approval from China. Customs clearance time has been specified in bilateral agreements, so adjustment requires re-negotiation as well. The last solution is also problematic as transit drivers are difficult to find.

With strict measures in place and a low rate of customs clearances at border gates, it will take another 44 days for more than 4,400 trucks lining up in Lạng Sơn to pass the border. —

 

 

Source: https://vietnamnews.vn/economy/1109361/thousands-of-trucks-still-stuck-at-border-gates.html

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Vietnam-Australia Digital Forum 2023: Making Vietnamese digital enterprises go global

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The Vietnam – Australia Digital Forum 2023 was held in Sydney, the Australian state of New South Wales (NSW), on August 4 to promote the cooperation in information and communication technology as well as the digital field between the two countries.

Vietnam-Australia Digital Forum 2023: Making Vietnamese digital enterprises go global hinh anh 1The signing of a memorandum of understanding (MoU) between Vietnam’s Posts and Telecommunications Institute of Technology and its Australian partners. (Photo: VNA)

Sydney – The Vietnam – Australia Digital Forum 2023 was held in Sydney, the Australian state of New South Wales (NSW), on August 4 to promote the cooperation in information and communication technology as well as the digital field between the two countries.

The event was co-organised by Vietnam’s Ministry of Information and Communications (MIC), the Australian Trade and Investment Commission (Austrade) and the NSW Trade and Investment Department in charge of the Vietnam market.

The forum took place as part of Vietnamese Minister of Information and Communications Nguyen Manh Hung’s visit to Australia, Director of the MIC’s Department of International Cooperation Trieu Minh Long told Vietnam News Agency correspondents in Sydney.

In 2023, one of the key tasks that the ministry focuses on implementing is to support Vietnam’s digital business community  go global. In addition to activities in Australia, it also implements programmes in other countries and regions around the world such as the US, Japan, and Europe.

Long highlighted strengths of Vietnam’s digital technology enterprises, saying some of them have been successful in foreign markets, even in choosy markets like the US and Japan.

One of the advantages of Vietnamese businesses when accessing the Australian market is that the two countries have good diplomatic and economic relations, along with the strong Vietnamese community in Australia.

Speaking at the forum, Consul General of Vietnam in New South Wales, Queensland and South Australia Nguyen Dang Thang said that developing a digital platform is a breakthrough solution to promote faster digital transformation, reduce costs and increase economic efficiency.

International cooperation is also an important solution to carry out digital transformation, especially promoting the transformation in society, thereby creating momentum for the digital transformation process in government agencies, he added.
Highlighting the two countries’ new cooperation opportunities, Thang said Vietnam and Australia have a strong cooperative relationship, high political trust which is an important point for cooperation in cybersecurity.

Karla Lampe, Director of NSW International Engagement & Market Development under the NSW’s Department of Enterprises, Investment and Trade (DEIT), emphasised that Vietnam and Australia are maintaining strongest-ever partnership, both from economic perspective and from the ties between the two governments. Both New South Wales and Vietnam have large technology companies and influential individuals in the media.

She expressed her hope that the two countries further promote economic and trade ties in the future, and outline ambitious digital transformation goals.

At the forum, representatives from agencies, organisations, research institutions and businesses of the two countries discussed issues related to information and communication technology, and digital technology to learn about policy incentives, the investment environment in Vietnam and Australia.

At the end of the forum, they witnesses the signing of a memorandum of understanding (MoU) between Vietnam’s Posts and Telecommunications Institute of Technology and its Australian partners including Western Sydney University, the University of Canberra, SET Education, the Association of Vietnamese Australian Scholars and Professionals (VASEA)./.

Source: https://en.vietnamplus.vn/vietnamaustralia-digital-forum-2023-making-vietnamese-digital-enterprises-go-global/265680.vnp

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Vietnam lures over 16 billion USD in foreign investment

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As of July 20, total newly-registered capital, additional capital, and capital contributions and share purchase by foreign investors stood at nearly 16.24 billion USD, up 4.5% compared to the same period of 2022 and 8.8% compared to the first half of the year.

Vietnam lures over 16 billion USD in foreign investment hinh anh 1

Source: https://en.vietnamplus.vn/vietnam-lures-over-16-billion-usd-in-foreign-investment/265410.vnp

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Vietnam’s macro-economy stays stable, inflation controlled: official

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Vietnam’s marco-economic continues to stay stable and inflation is controlled Minister-Chairman of the Government Office Tran Van Son told a press conference following monthly cabinet meeting in Hanoi on August 5.

Vietnam’s macro-economy stays stable, inflation controlled: official hinh anh 1The regular press conference takes places on August 5 in Hanoi. (Photo: VNA)

Hanoi – Vietnam’s
marco-economic continues to stay stable and inflation is controlled Minister-Chairman of the Government Office Tran Van Son told a press conference following monthly cabinet meeting in Hanoi on August 5.

Son said that the cabinet meeting for July focused on assessing and discussing the socio-economic situation in July
and first seven months of 2023; the progress of the programme on
socio-economic recovery and development; public investment capital
allocation and disbursement; and the implementation of three national target
programmes among others.

According to Son, participants to the meeting held that in July,
the socio-economic situation was improved compared to the previous month,
contributing to the country’s performance in the first seven months.

So far, the macro-economic situation has remained
stable, while inflation has been controlled. In the first seven months, the
average consumer price index (CPI) increased 3.12%, while all the major
economic balances were ensured.

State budget collection exceeded 1 quadrillion VND
(42.13 billion USD), equivalent to 62.7% of the estimate. Meanwhile, the
country’s exports fetched 195.4 billion USD, with a trade surplus of 16.5
billion USD.

In July, the Index of Industrial Production (IIP)
rose 3.9% month on month and 3.7% year on year. Total revenue from retail of
goods and services increased 7.1% year on year in July and 10.4% in seven
months.

At the same time, the country welcomed more than 1
million foreign visitors in July and 6.6 million in the January-July period,
6.9 times higher than that in the same period last year.

In seven months, 267.63 trillion VND of public
investment capital was disbursed, completing 37.85% of the yearly target, 3.38%
increase year on year. Meanwhile, the country attracted nearly 16.24 billion
USD in foreign direct investment (FDI), up 4.5%.

In July, 13,700 new businesses were established,
raising the total number of new firms to 131,900 in seven months.

Social welfare, security and defence were also
kept stable.

To date, nearly 93.8 trillion VND of the
socio-economic recovery and development programme has been disbursed. Requests
of localities have also been responded to in a timely manner.

Son said that Prime Minister Pham
Minh Chinh clearly pointed out tasks focusing on removing difficulties for production and business, giving
priority to promoting growth, creating jobs, ensuring livelihoods for people
associated with stabilising the macro-economy, controlling inflation, and ensuring
major balances of the economy.

The PM also asked
ministries, agencies and localities to accelerate the disbursement of public investment capital, and carry out the socio-economic
recovery and development programme, as well as three national target programmes. He urged agencies
to strengthen
forecasts, warnings and provide timely information on
natural disasters and readiness for rescue works, Son said, adding that the PM assigned
specific tasks to particular ministries, sectors and localities in the time to
come./.

Source: https://en.vietnamplus.vn/vietnams-macroeconomy-stays-stable-inflation-controlled-official/265691.vnp

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