08:20 | 15/02/2016 Trade
(VEN) - The northern border province of Cao Bang has a favorable geographic location for exports, especially to China.
Cao Bang acts as a bridge for Vietnamese agro-exports
Provincial export advantages
According to Secretary of the Cao Bang Provincial Party Committee Nguyen Hoang Anh, Baise City in China’s Guangxi Province which is adjacent to Vietnam’s Cao Bang Province is one of China’s key vegetable production bases providing about 30 percent of China’s total farm produce for more than 200 cities including Beijing, Tianjin, Liaoning and Shanghai. On December 11, 2013, Baise started to send specialized freight trains of six million tonnes of Baise-produced vegetables to Beijing, in an effort to accelerate the pilot establishment of a China-ASEAN agricultural product free trade area, which aims to facilitate the exchanges and cooperation in the fields of farming, processing and consumption of agricultural products between China and ASEAN countries.
Recognizing Baise’s agricultural promotion potential, Cao Bang aims to promote bilateral agricultural cooperation with the city, including receiving Baise’s select seeds and seedlings to grow in Cao Bang and then selling the farmed at the domestic market or exporting to China, said Nguyen Hoang Anh.
According to Chairman of Cao Bang provincial People’s Committee Hoang Xuan Anh, the province is expected to become an economic center in the northwest region linked with others across the country while acting as a bridge linking the northwest region with South and Southwest China’s economic centers.
Promoting agricultural exports through Tra Linh-Long Bang border gates
Cao Bang’s Tra Linh border gate is one the four selected to promote China-Vietnam cross-border economic cooperation zones. Tra Linh and Long Bang border gates will in the future be two stops on the way linking Southwest China with several ASEAN countries. The Vietnamese government has passed a decision to set up the Tra Linh-Long Bang agricultural, forestry and fisheries cargo trans-shipment zone, which is located on an area of 100ha in Tra Linh and is currently under site clearance planning.
According to Head of the Cao Bang Economic Zone Management Board Le Thanh Chung, the Tra Linh border gate is key for import-export promotion, especially given China’s expansion of import-export activities in the southwest. Vietnam should take advantage of the proximity of China’s Chongqing and Baise cities and to promote cross-border trade. Baise has welcomed the establishment of the Tra Linh-Long Bang agricultural, forestry and fisheries cargo trans-shipment zone.
Deputy Minister of Foreign Affairs Ho Xuan Son said China-Vietnam bilateral trade value reached more than US$60 billion in the first 11 months of 2015, a 14.2 percent increase over the same period of 2014. Both countries have also worked to promote bilateral trade in agricultural forestry and fisheries products.