[NEWS] – Trade activities at the Vietnam - Laos border gate are fully restored

Nghe An province has just announced that the Lao Government has allowed the reopening of main border gates and auxiliary border gates on the borderline to serve entry and exit activities. This system of border gates and openings creates favorable conditions for people and businesses to travel, buy and sell goods from Nghe An to Laos and vice versa.

Nghe An province has more than 400km of border with 3 provinces of Xiangkhouang, Houaphanh, and Bolikhamsai of Laos. On this border, there is Nam Can international border gate, (Ky Son district), there is also Thanh Thuy border gate (Thanh Chuong district), and 3 auxiliary border gates at Cao Veu (Anh Son district), Thong Thu (Que Phong district), Tam Hop (Tuong Duong district), and many openings along the border districts.

Import and export situation of Vietnam - Laos

According to the General Department of Vietnam Customs statistics, in the first eight months of 2022, the total import and export turnover of Vietnam - Laos reached $1.076 billion, up 27% (equivalent to $848.2 million).

Which, Vietnam’s exports to Laos reached 414.5 million USD, up 1.37% over the same period in 2021 (408.9 million USD). Vietnam’s imports from Laos reached 662 million USD, up 50.7% over the same period last year (439.3 million USD).

The current border situation between Laos and Vietnam

According to the Customs Branch of Nam Can International Border Gate: After May 9, 2022, when the Lao Government decided to reopen international border gates, including Nam Can international border gate, export activities, imports as well as visiting relatives of people of the two sides have basically stabilized. The customs clearance of goods, vehicles, entry, and exit ... are coordinated by the two sides to facilitate and create favorable conditions for businesses and people of the two countries to exchange, buy and sell goods.

After a while, Nam Can International Border Gate was reopened, and import and export activities and entry of people on both sides of the border were basically restored. However, because the main border gates and auxiliary border gates have not been reopened, it has partly caused certain difficulties for people when entering and exiting. Especially for the people in Tuong Duong, Que Phong, and Anh Son districts who live near the sub-border gates, if they want to visit relatives in the villages near the border gate, they have to go around the Nam Can international border gate to do the work. Immigration procedure. This makes it more difficult for people to travel with longer distances and costs money.

Trade activities at 100% of Vietnam - Laos border gates have been restored

The situation of the Covid-19 epidemic is increasingly under control, on August 31, 2022, the Ministry of Foreign Affairs of the Lao People’s Democratic Republic sent a Note to the Vietnamese Embassy in Vientiane to notify the Government of Laos. The Lao government has agreed to allow the reopening of all main and secondary border gates nationwide to serve entry and exit.

On September 7, 2022, the Ministry of Foreign Affairs of Vietnam issued Document No. 3775 announcing the above issue to all provinces and centrally-run cities.

Recently, on September 19, 2022, Nghe An province issued Document No. 7137, notifying provincial-level departments, agencies, mass organizations and districts, cities, and towns about the consensus of Laos on the side of Laos reopen main and auxiliary border gates to serve entry and exit activities.

Nghe An Provincial People’s Committee also requires provincial departments, agencies, mass organizations, and People’s Committees of districts, cities, and towns, based on their assigned functions and tasks, to organize and notify relevant organizations and individuals. relate to. At the same time, coordinate with functional forces at the border gate to well implement the contents related to the Lao Government’s reopening of entry and exit activities at the main border gate and the auxiliary border gate.

Vietnamese enterprises need to seize this opportunity to promote goods exports to Laos. However, the export of goods to Laos still faces many difficulties because businesses have not grasped the market as well as many obstacles in legal and customs procedures.

To overcome the current disadvantages of Vietnamese enterprises when exporting goods to Laos, Indochina Holdings offers trade promotion services, especially since our strategic partner is the Consulate General of Laos in Ho Chi Minh City will help your business solve all difficulties in the process of exporting goods to Laos.

In addition, Indoco Travel - a subsidiary of Indochina Holdings also organizes "Connecting Journey" - an investment tour program that helps businesses have the opportunity to open potential business and investment opportunities in Laos. We always accompany and support becoming a solid bridge to open up many cooperation opportunities between Vietnam - Laos businesses, contributing to increasing the bilateral relationship between the two countries.

Thanh Long