Vietnam's Trade via Mong Cai Border Gate Hits US$2.4 Bln This Year

2:32:42 PM | 26/12/2007

Export-import turnover via Vietnam’ Mong Cai border gate is estimated to reach US$2.4 billion this year, up 16 per cent on year and marking a high record.
 
Vietnam's exports include rubber, agricultural products, seafood, coal, domestically-made cosmetics. The country imports mainly fertilizer, machineries, household appliances, agricultural machineries, auto spares and motorbikes.
 
In order to boost seafood exports, the managing board of the Mong Cai border gate set up an auxiliary gate, specialized in shifting seafood exports to China.      
 
Currently, over 40 Chinese firms and partners trade between 80 tons and 100 tons of seafood products through the auxiliary gate.  
 
The value of goods traded through northern international border gate in 2006 was US$2 billion. Mong Cai aims to achieve border trade volume of US$3 billion-4 billion in 2010, of which locally produced products will account for US$100-150 million. (Vietnam Economic Times)