Vietnam is striving to raise its border trade turnover to US$60 billion with China, US$ 2 billion with Laos, and US$5 billion with Cambodia in 2015.
At a seminar organized by the Ministry of Industry and Trade on November 26, the Steering Committee for Border Trade said that the border trade between Vietnam and its neigbouring countries in recent years has seen many positive changes.
Vietnam’s total export-import turnover through its border gates reached US$72 billion from 2008 to last September, up 10% year by year.
The Government and ministries have created favourable conditions for buying and selling activities across the borders.
The country’s imports and exports through the border gates in 2012 hit US$13.1 billion, up 27% compared to the previous year and accounting for 5% of its total trade turnover.