Tran Quoc Toan, Deputy Director-General of the Import-Export Department, Ministry of Industry of Trade, talks on Vietnam’s decision to gradually eliminate all temporary import and re-export activities through Vietnam-China sub-border gates.
Hundreds of trucks carrying fruits are now stuck at the Vietnam-China border gate of Tan Thanh in Lang Son Province.
Vietnam’s economy has been better off over the last three years with exports growing rapidly.
Since China is Vietnam’s biggest trade partner, the sharp yuan devaluation will affect Vietnam’s imports and exports with China.