On March 12, the Standing Committee of the Cao Bang Provincial Party Committee had a working session with the Party Committee of the Provincial People's Committee to assess the implementation of the goals and tasks of economic development in the border gate area in 2024 and the first months of 2025, and at the same time propose solutions to promote the development of the border gate economy in the coming time.
In the task of making a breakthrough in the development of the stock market, Cao Bang has completed 4/6 targets. In particular, the target of attracting non-budgetary investment reached the number of projects (9/8 projects) but the registered capital has not met requirements (437.1/10,325 billion VND).
Another indicator of site clearance is behind schedule and is forecast to be difficult to complete. In the period of 2021-2024, import-export turnover through the province will reach 3.4 billion USD, an average growth of 17%/year.
Total budget revenue from the JSC is VND 4.8 trillion, accounting for about 45% of the total budget revenue of Cao Bang province. At present, 9 infrastructure projects of the stock market have been completed and put into operation, and 4 other projects are being implemented. The total public investment capital for infrastructure of the stock market in this period is 331.8 billion VND, with a disbursement rate of 98.5%.
The province has successfully upgraded the Tra Linh (Vietnam) - Long Bang (China) Border Gate to an international border gate, officially putting into operation the Ly Van (Vietnam) - Thac Long (China) bilateral border gate.
Currently, Cao Bang continues to complete procedures to upgrade Ta Lung Border Gate (Vietnam) - Thuy Khau (China) to an international border gate and Po Peo Border Gate (Vietnam) - Nhac Vu (China) to a bilateral border gate.
The planning of border gate areas has also been actively implemented. In 2024, the province plans to complete the zoning plan for the construction of the Ta Lung Border Gate and Tra Linh Border Gate areas. Other projects are in the process of completing documents to submit for approval.
At the meeting, the People's Committee of Cao Bang province recommended that the Provincial Party Committee continue to pay attention to and direct the pilot construction of a smart border gate at Tra Linh Border Gate and propose specific mechanisms and policies to develop the exchange.
In particular, it is proposed that the Government allocate 1,000 billion VND to implement the first phase of the Smart Border Gate project. Regarding the policy mechanism, the province proposed to allow the import and export of goods through all border gates and openings in the Border Trade Zone; allowing Chinese tourists to drive through international border gates to tourist areas in the province.
At the same time, it is recommended that the Government authorize and decentralize authority to localities in areas related to the development of industrial parks, industrial parks and public investment.
At the end of the meeting, Secretary of the Provincial Party Committee Minh Cuong emphasized the importance of public investment in the development of the province's economy. He requested departments and branches to carefully review the plans and promptly report difficulties to seek direction. At the same time, focus resources on investing in border gate infrastructure, facilitating trade and attracting investment.
The province also needs to increase exchanges and trade promotion with other provinces, especially China, to promote the export of goods, especially agricultural products.
