[NEWS] - Promote exploitation of export goods from Laos

As one of the landlocked countries, Laos mainly exports agricultural products, minerals, and electricity through border gates to seaports in Southeast Asian countries. With the advantage of the gateway to the sea of Southern Laos, Chu Lai port (Quang Nam), infrastructure, equipment, technology, and service chain upgrading are synchronously invested to promote the exploitation of export goods. imported from the country of "million elephants".

Prospects of exploiting export goods from the Laos market

According to the Lao Ministry of Industry and Trade, in 2022, although the situation of the world economy and the region are facing many difficulties and challenges, Laos still recorded positive results in trade with total imports reaching 14.4 billion USD, an increase of 6.7% compared to to 2021. Especially items such as gold, electricity, paper and paper products, copper ore, rubber, cassava chips, and bananas... are regularly exported to the world market. Currently, the import and export demand for Laos’ goods is increasing, opening up a good opportunity for ports in Central Vietnam, including the Chu Lai Port of Truong Son International Shipping and Forwarding Company. Hai has attracted a source of "banks", promoting regional and international trade.

Chu Lai Port is currently exploiting import and export goods from Sepon, Savanakhet, Pakse, Attapeu, and Sekong regions with products with potential for development such as paper materials, cassava, starch, fresh fruits and vegetables especially cassava chips. On April 10, the train Truong Hai Star 3 carried 1,700 tons of cassava chips of VBS Investment and Trading Joint Stock Company (Enterprise trading in agricultural and forestry raw materials, exploiting agricultural products exported from Laos) left Chu Lai port. This is a shipment of cassava chips transported directly from Sekong, Laos to Chu Lai port and exported to China. Currently, the enterprise is storing more than 1,000 tons of cassava chips at the port and the output will continue to increase shortly.

General Director of VBS Investment and Trading Joint Stock Company - Mr. Nghiem Duc Huy said: “Sandwich is a bulk cargo with a specific method of transportation, handling, storage, high cost and time-consuming. Therefore, the selection of partners for export is carefully considered by us. After researching and surveying, we found that Chu Lai Port fully meets the requirements of service quality, cost, and time: especially warehouses and large yards that can store goods in large quantities large goods; The procedures for receiving, preserving, storing, customs procedures, exporting goods, etc. are all fast, serving the export needs of the company”.

Take advantage, promote investment

Chu Lai port is currently being exploited for domestic sea transport routes from Ho Chi Minh City - Chu Lai to Hai Phong and vice versa; along with international shipping routes directly connected to major ports of Japan, China, and Korea. This is an advantage for the port to strengthen the connection between supply and demand in the Central region, Central Highlands, Cambodia, and Laos (where there is a great demand for importing materials and production materials and exporting agricultural products); connecting the source of export goods to domestic and international markets, reducing costs and shortening time, bringing double benefits to customers.

Chu Lai Port is currently exploiting domestic sea freight routes in Ho Chi Minh City - Chu Lai - Hai Phong and vice versa: along with international shipping routes that are directly connected to major ports in Japan, China, and Korea. This is an advantage for the port to strengthen the connection between supply and demand in the West, Central, Laos, and Cambodia (where there is a large increase in demand for agricultural exports, production materials, and import of supplies) to connect sources export goods to Asian and international markets, which saves costs, shortens time, and brings double benefits to customers.

Currently, Chu Lai port aims to gradually increase the volume of goods through the port; improve the loading and unloading of products, and reduce 50% ship release time by; reducing the cost of imported services such as loading and unloading, lifting, storage, ... 5 - 40% lower than the cost level in the region. According to Chu Lai Port Director, Mr. Phan Van Ky, the port is attracting more sources of container cargo, diversifying container service routes operated at the port, and developing direct connections from Chu Lai port to international ports.

At the same time, promoting market research, and timely grasping the needs and trends of using services of customers. In particular, the port also flexibly applies business and after-sales policies to suit individual needs, building models of full-service port services to create convenience and savings for customers.

At the same time, promote market research, and timely grasp the needs and trends of using services of customers. More specifically, the port also flexibly applies additional business and after-sales policies to each need

Shortly, Chu Lai Port will be completed and put into operation with a 50,000-ton port to improve the wharf capacity. In addition, the port will be built, and expanded the warehouse system to receive and store strategic commodities with great potential for development from Laos, Cambodia, and the Central and Central Highlands such as tapioca starch, and cassava chips. , paper and paper products, tablets, fruits, rubber, and wood chips...

The port will also continue to invest in a modern frame crane system, and gantry cranes operating on electricity instead of diesel to reduce service costs and develop the port in an environmentally friendly manner. Taking advantage of advantages, promoting investment in exploiting environmentally friendly export goods. With this use, boosting investment and exploitation of export goods from neighboring countries, in which the owner comes from Laos, will also contribute to creating the premise for Chu Lai Port to become a gateway for international transshipment of goods economy in the central region, and at the same time contribute to socio-economic development locally and regionally.

Import and export is a promising industry in the future when many businesses want to bring their products abroad. Currently, Indochina Holding is a trade promotion company to support small and medium enterprises to export their products to developed countries around the world.

Hoang Yen (Collection source)