The southern province of Tay Ninh will establish a board to manageits international and national border gates before February 15.
According to Pham Van Son, deputy head of the Tay Ninh economic zonemanagement board, the establishment is implemented under the PrimeMinister’s decision on managing activities at land border gates.
The new management board will have to coordinate with other relevantagencies in putting forth common statutes on maintaining security, orderand peace with neighbouring Cambodia.
Sharingover 240 kilometres of border with Cambodia, Tay Ninh province plays animportant role in promoting foreign economic relations developmentstrategies.
It is a link in sub-regional cooperation programmes, as well as regional and international economic integration plans.
In its socio-economic development strategy, the province hasidentified the border economic zones as a momentum to accelerate thegrowth and restructuring of its economy towards industrialisation andmodernisation
Tay Ninh has Moc BaiBorder Gate Economic Zone and Xa Mat Border Gate Economic Zone, whichare both very dynamic, contributing to the local socio- economicdevelopment.
The Moc Bai Border Gate not only actsas a trade gateway between Tay Ninh province and Cambodia, but alsoplays an important role in forming outward economic development as wellas an international trade centre of the sub-regional cooperation plansunder the economic development strategy of the south of Vietnam.
The zone is among the few border economiczones allowed by the Prime Minister to implement open policies towardsthe "non-tariff" for the commercial and industrial areas within theborder economic zones. The policies offer many investment incentivesincluding zero-tax or reduced tax for companies and individuals, andfacilitate immigration and residency at the border economic zone.
Meanwhile, the Xa Mat zone is the most importantinternational border gate of the southern region as it is located onHighway 22B, considered the backbone road connecting the Tonle Sap Laketourist site with Phnom Penh (Cambodia) and Bangkok (Thailand), and theother northern provinces of Cambodia and Laos, and onward to Myanmar andIndia.-VNA
According to Pham Van Son, deputy head of the Tay Ninh economic zonemanagement board, the establishment is implemented under the PrimeMinister’s decision on managing activities at land border gates.
The new management board will have to coordinate with other relevantagencies in putting forth common statutes on maintaining security, orderand peace with neighbouring Cambodia.
Sharingover 240 kilometres of border with Cambodia, Tay Ninh province plays animportant role in promoting foreign economic relations developmentstrategies.
It is a link in sub-regional cooperation programmes, as well as regional and international economic integration plans.
In its socio-economic development strategy, the province hasidentified the border economic zones as a momentum to accelerate thegrowth and restructuring of its economy towards industrialisation andmodernisation
Tay Ninh has Moc BaiBorder Gate Economic Zone and Xa Mat Border Gate Economic Zone, whichare both very dynamic, contributing to the local socio- economicdevelopment.
The Moc Bai Border Gate not only actsas a trade gateway between Tay Ninh province and Cambodia, but alsoplays an important role in forming outward economic development as wellas an international trade centre of the sub-regional cooperation plansunder the economic development strategy of the south of Vietnam.
The zone is among the few border economiczones allowed by the Prime Minister to implement open policies towardsthe "non-tariff" for the commercial and industrial areas within theborder economic zones. The policies offer many investment incentivesincluding zero-tax or reduced tax for companies and individuals, andfacilitate immigration and residency at the border economic zone.
Meanwhile, the Xa Mat zone is the most importantinternational border gate of the southern region as it is located onHighway 22B, considered the backbone road connecting the Tonle Sap Laketourist site with Phnom Penh (Cambodia) and Bangkok (Thailand), and theother northern provinces of Cambodia and Laos, and onward to Myanmar andIndia.-VNA
