June 22, 2017 | 21:54 (GMT+7)
Border market set up to facilitate Vietnam-China trade
A working group of Guangxi’s border gate authorities have recently inspected Longbang market in Jingxi city, which was designed to facilitate cross-border trade with Vietnam through Hung Quoc border gate in Tra Linh district, Northern Cao Bang province.
The market will satisfy shopping demands and “one-door” payments between people living in border areas of the two countries.
Visitors to a store at Longbang market. (Photo for illustration)
Jingxi city’s authorities have instructed local people to join in cross-border trading. The city is now vibrant with “cyclo economy” as commodities are being transported by over 100 cyclos between the two sides.
According to the Imports and Exports Quarantine Bureau of Guangxi province, Jingxi people have shipped such key products to Vietnam as garments and machines while they buy cotton cloth, wood and walnuts from Vietnam.
The establishment of Longbang market was spurred by bustling trade activities between the two sides, the bureau said.
Source: VNA