With the advantage of having two international border gates, a bilateral border gate and seven sub-border gates, Lang Son has emerged as an important logistics centre for many foreign companies, including those from India.

Prime Minister Pham Minh Chinh on January 1 suggested considering the possibility of building a border economic zone in the northern border province of Cao Bang.

The export and import of goods and services via the Lao Cai international border gate stood at nearly 950 million USD in the first quarter of this year, up 75 percent year-on-year.

Lao Cai authorities are aiming to turn the northern province’s border economic zone into a dynamic and sustainable development economic hub, according to insiders.

The Lao Cai border economic zone will be developed into an industrial, urban, trade and service hub, serving as a driving force for the growth of the northern mountainous province of Lao Cai, according to the zone’s master plan.