Vietnam-China border gate reopens after two-day closure over flooding

By Lan Do
Wed, September 11, 2024 | 6:45 pm GMT+7

The Lao Cai-Hekou International Border Gate has reopened following a two-day closure caused by super typhoon Yagi.

Vuong Trinh Quoc, head of the Lao Cai provincial economic zone management board, said Tuesday that customs and immigration activities at the Kim Thanh International Road Border Gate No. II (Lao Cai-Hekou) resumed normal operations starting at 11 a.m.

The border gate had been shut due to flooding triggered by the typhoon, but operations resumed once floodwaters receded and the situation stabilized, he said.

Tourists exit through the Lao Cai International Border Gate on the morning of September 11, 2024. Photo courtesy of Lao Cai newspaper.

Tourists exit through the Lao Cai International Border Gate on the morning of September 11, 2024. Photo courtesy of Lao Cai newspaper.

The Lao Cai-Hekou International Border Gate is situated along a 182 km stretch of the border between Vietnam's Lao Cai province and China’s Yunnan province.

The border crossing, known for facilitating trade through the Ho bridge (Ho Kieu) over the Nam Thi river to the Ha Khau International Border Gate in Yunnan, handles an average of 500-600 import and export vehicles daily, primarily transporting agricultural products.

Prior to the reopening, approximately 160 Vietnamese container trucks and 695 Chinese trucks were stranded at the border.

According to the Lao Cai Border Gate Customs Branch, trade volumes have seen a significant increase in the first eight months of the year. Total import and export turnover crossed $1.56 billion, up 144% year-on-year. Exports increased 208% year-on-year to more than $1.1 billion, while imports went up 61% to $452 million.

According to the National Steering Committee for Natural Disaster Prevention and Control, as of 11 a.m., Wednesday, the typhoon, floods and landslides left 155 people dead and 141 others missing.

On Monday, the provinces of Phu Tho, Yen Bai, and Tuyen Quang banned vehicles from crossing nine bridges over concerns that strong floodwaters could collapse them. The move followed a bridge collapse in Phu Tho.

On Tuesday morning, the Hanoi Department of Transport announced restrictions on vehicles crossing the Chuong Duong bridge, one of the largest bridges spanning the Red River.

Comments (0)
  • Read More
Vietnam's Ministry of Finance, Ministry of Planning and Investment to become one

Vietnam's Ministry of Finance, Ministry of Planning and Investment to become one

The Ministry of Finance and the Ministry of Planning and Investment will merge with each other to form a new ministry with 34 agencies, down the current total of 56.

Economy - Thu, December 12, 2024 | 9:52 am GMT+7

Vietnam's logistics heavyweight Gemadept raises $118 mln for asset purchases, debt repayment

Vietnam's logistics heavyweight Gemadept raises $118 mln for asset purchases, debt repayment

Gemadept Corporation, a leading port and logistics company in Vietnam, has successfully sold 102.7 million shares to existing shareholders at the price of VND29,000 ($1.14) apiece, raising VND2,978 billion ($117.3 million).

Companies - Thu, December 12, 2024 | 8:15 am GMT+7

Vietnam's Mekong Delta offers significant potential for biomass power generation: Erex exec 

Vietnam's Mekong Delta offers significant potential for biomass power generation: Erex exec 

The Mekong Delta region's abundance of straw and rice husks provides an affordable and sustainable resource for biomass power generation, says Tomoki Kakuta, CEO of Erex Group.

Energy - Wed, December 11, 2024 | 11:23 pm GMT+7

Indonesia to reduce corn, salt, sugar imports in 2025

Indonesia to reduce corn, salt, sugar imports in 2025

Indonesia will slash corn, salt, sugar import quotas for 2025 as part of its efforts to make domestic industries use more domestic products.

Southeast Asia - Wed, December 11, 2024 | 11:02 pm GMT+7

Vietnam a promising market for supply chain diversification, risk mitigation: German association AHK

Vietnam a promising market for supply chain diversification, risk mitigation: German association AHK

German businesses see significant growth potential in Vietnam's promising market, especially when the country’s focus on renewable energy and sustainability aligns with Germany’s strengths in green technologies.

Economy - Wed, December 11, 2024 | 5:57 pm GMT+7

Philippines expected to import record rice volume

Philippines expected to import record rice volume

Despite record production and ample stocks, the Philippines is expected to import a record volume of rice in the 2024-2025 crop year, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture.

Southeast Asia - Wed, December 11, 2024 | 4:23 pm GMT+7

Vietnam's auto sales up 17% to 308,544 in Jan-Nov

Vietnam's auto sales up 17% to 308,544 in Jan-Nov

Members of the Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 308,544 units in the first 11 months of 2024, up 17% year-on-year.

Companies - Wed, December 11, 2024 | 3:46 pm GMT+7

Indonesia's economic growth projected below 5.2%

Indonesia's economic growth projected below 5.2%

Indonesia’s Finance Minister Sri Mulyani Indrawati has forecast a growth rate of 5.01% for the country’s economy in the fourth quarter of 2024.

Southeast Asia - Wed, December 11, 2024 | 3:37 pm GMT+7

Bamboo Capital, Foxlink, Micro Electricity partner to establish comprehensive renewable energy ecosystem in ASEAN

Bamboo Capital, Foxlink, Micro Electricity partner to establish comprehensive renewable energy ecosystem in ASEAN

Vietnam's Bamboo Capital Group and Taiwanese firms Foxlink and Micro Electricity on Monday signed a strategic cooperation agreement to advance renewable energy technologies and solutions.

Bamboo Capital - Wed, December 11, 2024 | 3:35 pm GMT+7

Vietnamese lender OceanBank's name changed, leadership reshuffled

Vietnamese lender OceanBank's name changed, leadership reshuffled

OceanBank will have its name changed to Modern Vietnam Commercial Joint Stock Bank (MBV) from December 18, aiming to become "a sustainable, safe and modern bank".

Banking - Wed, December 11, 2024 | 2:43 pm GMT+7

Private equity to enhance Vietnam stock market quality: VinaCapital exec

Private equity to enhance Vietnam stock market quality: VinaCapital exec

Private equity plays a crucial role in boosting the quality of Vietnam's stock market, especially after its anticipated status upgrade, says Nguyen Thi Dieu Phuong, deputy CEO of fund manager VinaCapital.

Economy - Wed, December 11, 2024 | 12:10 pm GMT+7

Japan valve producer Kitz launches $25 mln factory in Vietnam

Japan valve producer Kitz launches $25 mln factory in Vietnam

Japan’s valve producer Kitz on Tuesday inaugurated a $25 million factory in the northern province of Vinh Phuc, its first plant in Vietnam.

Industries - Wed, December 11, 2024 | 11:39 am GMT+7

Propery sales in HCMC double in Nov on slight supply hike

Propery sales in HCMC double in Nov on slight supply hike

Primary property sales in Ho Chi Minh City, Vietnam’s southern metropolis, reached 2,022 units in November, double that of the same month last year, according to a report by DKRA Consulting.

Real Estate - Wed, December 11, 2024 | 11:28 am GMT+7

ADB raises Vietnam GDP growth prediction to 6.4% in 2024, 6.6% in 2025

ADB raises Vietnam GDP growth prediction to 6.4% in 2024, 6.6% in 2025

The Asian Development Bank (ADB) has revised up Vietnam’s GDP growth to 6.4% in 2024 and 6.6% in 2025, according to the December edition of its Asian Development Outlook (ADO).

Economy - Wed, December 11, 2024 | 9:37 am GMT+7

Vietnam increasingly important to US semiconductor industry: exec

Vietnam increasingly important to US semiconductor industry: exec

Vietnam is becoming increasingly important to the U.S. semiconductor industry and plays a crucial role in the strategy of the U.S. Semiconductor Industry Association's (SIA) member companies, says the association’s chairman John Neuffer.

Economy - Wed, December 11, 2024 | 8:51 am GMT+7

Vietnam an extremely attractive investment destination: KKR

Vietnam an extremely attractive investment destination: KKR

David Petraeus, a partner at leading global investment firm KKR, says political stability, rapidly improving infrastructure, and friendly relations with other countries make Vietnam an extremely attractive investment destination.

Economy - Wed, December 11, 2024 | 8:20 am GMT+7