The central province of Quang Nam is pushing cooperation with Laos’s southeastern province of Sekong to develop border trade towards the highest economic efficiency.
Quang Nam (VNA)💦 – The central province of Quang Nam is pushing cooperation with Laos’s southeastern province of Sekong to develop border trade towards the highest economic efficiency.
Quang Nam has invested in building the Nam Giang border economic zone and improving the transport system and monitoring stations at the Vietnam-Laos shared borderline.
The locality has also implemented the Vietnam – Laos border trade agreement and the Prime Minister’s Decision No.52/2015/QD-TTg issued in October 2015 on the management of trade activities with shared border countries.
It also built specific programmes to attract investment from businesses into the border areas, facilitate goods exchange and encourage trade activities.
Apart from supporting enterprises to increase trade promotion and direct exports with Laos , Quang Nam also works to preserve the special cooperative ties with Sekong to jointly deal with any issues affecting their economic and trade development.
The province also stepped up inspection of goods quality and food safety and called on businesses to invest in trade projects, technical economic infrastructure, and markets in border communes and districts.
Chairman of the provincial People’s Committee Huynh Khanh Toan said Quang Nam is coordinating with Sekong to ramp up investment in building infrastructure to serve border trade development, while directing the People’s Committees at border districts to protect forests, natural resources, support underprivileged people and upgrade rural roads.
Local authorities proposed the Government increase the annual investment capital to 50 billion VND (2.25 million USD) to develop border gates, especially building border markets in Nam Giang and Tay Giang districts, and improve infrastructure at Nam Giang border economic zone.
Director of the provincial Department of Industry and Trade Nguyen Quang Thu said authorities have suggested Lao partners pay more attention to developing the transport system at Tay Giang border gate to pave the way for the bilateral goods exchanges.
In the first six months of 2016, the import-export turnover via Nam Giang border gate reached nearly 6.5 million USD. Quang Nam mainly exported machinery, equipment and construction material, while importing timber and electricity.-VNA
Representatives from the authorities in Vietnam’s central province of Quang Nam and the Lao province of Sekong held a ceremony in Tam Ky city on May 28 to mark the completion of the project to increase and upgrade their border markers.
The central province of Quang Nam’s Nam Giang district and Laos’ Dakcheung district in Sekong province agreed to expand their collaboration, especially in agriculture, during an annual meeting.
Vietnam has invested in upgrading its electricity transmission lines in preparation for importing power from Laos, according to the National Power Transmission Corporation (EVN NPT).
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
Illustrative image (Source: VNA)
