According to the latest statistics released on September 6, 2024, the total import and export value of goods through the Mong Cai International Border Gate in Quang Ninh Province reached $2.64 billion in the first eight months of 2024, a 24% increase compared to the same period last year. This growth reflects a significant recovery in economic activity and thriving international trade in the region. During the same period, import-export revenue at the Mong Cai border gate also showed strong growth, reaching 1.588 trillion VND, completing 99.2% of the annual budget and increasing by 50% year-on-year. These figures not only demonstrate the economic vitality of the border gate but also highlight its important position in Quang Ninh Province’s fiscal revenue.

Another important indicator of economic development is the number of new businesses established. Data shows that the number of newly established enterprises in Mong Cai City increased by 265 compared to the same period last year, reflecting a favorable business environment and economic development potential in the area.

Personnel movement also showed significant growth. In the first eight months, border gate authorities processed entry and exit procedures for 4.5 million people, a 97.5% increase year-on-year. Meanwhile, Mong Cai City received 2.76 million tourists, up 62% year-on-year, indicating a rapid recovery in the region’s tourism industry.

To promote economic development and trade facilitation, the Mong Cai City government has implemented a series of measures. The city government has guided various border gate units to maintain close cooperation in supporting and attracting businesses while strengthening administrative approval reforms to ensure smooth, safe, and efficient customs clearance for goods and personnel. Additionally, the Mong Cai City People’s Committee regularly holds talks with the Dongxing City People’s Government in China to discuss solutions to difficulties faced by businesses, attract new enterprises, and promote border trade economic activities and tourism exchanges.

Relevant departments in Quang Ninh Province have also strengthened efforts to combat trade fraud and illegal border crossings while effectively managing border areas and residents to ensure regional safety and stability.

On September 3, a fixed land passenger transport route officially opened, connecting Nanning City in China’s Guangxi Zhuang Autonomous Region with Ha Long City in Vietnam’s Quang Ninh Province via the Bac Luan II Bridge customs checkpoint. The Mong Cai Border Gate Customs Branch of Quang Ninh Provincial Customs Department has actively cooperated with relevant institutions at the Bac Luan II Bridge customs channel to facilitate customs procedures for businesses.

These positive developments indicate that despite global economic uncertainties, Quang Ninh Province, especially the Mong Cai border gate, has maintained strong economic growth momentum. With the implementation of various promotional measures and deepening regional cooperation, the economic development of this region is expected to continue its positive trend.

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Key points:

• In the first 8 months of 2024, the total import and export value of goods through the Mong Cai International Border Gate in Quang Ninh Province reached $2.64 billion, a 24% year-on-year increase.
• Import-export revenue reached 1.588 trillion VND, completing 99.2% of the annual budget and increasing by 50% year-on-year.
• The number of newly established enterprises in Mong Cai City increased by 265 compared to the same period last year.
• The border gate processed entry and exit procedures for 4.5 million people, a 97.5% increase year-on-year; received 2.76 million tourists, up 62% year-on-year.
• Local government has taken multiple measures to promote trade facilitation and economic development.
• A fixed land passenger transport route connecting Nanning, China, and Ha Long City, Vietnam, was opened on September 3.
• Quang Ninh Province demonstrates strong economic growth momentum, with expectations for continued development.