On November 25th, Vice Chairman of the People’s Committee of Lang Son Province, Doan Thanh Son, chaired a meeting with local authorities to review the progress of the pilot project for the development of a smart border gate in the province.
According to reports, after the Prime Minister issued Decision No. 865/Qđ-TTg, dated August 17, 2024, approving the pilot project for the construction of a smart border gate at the specialized cargo transport route in the area of markers 1119-1120 and the specialized cargo transport route in the area of markers 1088/2-1089 belonging to Huu Nghi border gate (Lang Son, Vietnam) – Huu Nghi Quan (Guangxi, China), Lang Son authorities have made efforts to swiftly implement the project.
Regarding the expansion of the specialized import-export cargo route in the area of markers 119-1120, Lang Son Province is in the process of widening the road from four lanes to six lanes. The authorities are also advising and proposing to the People’s Committee of Lang Son Province to adjust the project of the cargo transport route in the area of markers 1119-1120 with a scale of 14 lanes.
Developing plans and mechanisms to attract investment capital from non-state budget sources for the development of infrastructure, yards, and equipment for the smart border gate. Organizing an online signing ceremony for the Memorandum of Understanding on the mechanism for meetings, exchanges, and joint construction of the pilot smart border gate with Guangxi (China).

The volume of trade between Vietnam and China through the Lang Son border gate has been increasing this year.
According to the People’s Committee of Lang Son Province, the locality is striving to develop its border gate economy. From 2016 up until now, the Dong Dang-Lang Son Border Gate Economic Zone has attracted 154 projects, including 16 foreign-invested projects (mainly in the fields of infrastructure construction and commercial centers) with a total investment of over $87 million and 138 domestic projects with a total investment of more than VND 16,000 billion.
In addition to the state budget, in recent years, Lang Son Province has focused on calling and mobilizing social capital from organizations and enterprises to invest in projects in the border gate economic zone.
In the period from 2016 to 2023, the total social investment capital in the Dong Dang-Lang Son Border Gate Economic Zone reached more than VND 60,000 billion, which was invested in projects to upgrade and improve infrastructure at border gates such as: Cargo transhipment area, duty-free zone, and export processing zone; the inter-sector building of the Huu Nghi International Border Gate and the specialized import-export route through markers 1119-1120 (Huu Nghi International Border Gate); upgrading and improving the import-export route of Chi Ma border gate (Loc Binh district); specialized cargo transport route at Tan Thanh border gate; upgrading the Coc Nam inter-sector inspection station (Van Lang district)…

Domestic and foreign enterprises are interested in projects to build yards at Huu Nghi border gate (Cao Loc district, Lang Son province)
Especially, Lang Son Province is currently implementing a project to build a smart border gate that applies unmanned cargo import and export procedures, with an estimated total project cost of nearly VND 8,000 billion. In the next phase, Lang Son Province will continue to develop 12 border gates.
The Expert’s Paradox: When Supply Increases, Prices Should Decrease, But Not in This Case.
Mr. Nguyen Van Dinh, Vice President of the Vietnam Real Estate Association, shared his insights on the country’s real estate market. He noted that it is unlikely for property prices to decrease and that there are indications of rising prices. Interestingly, he pointed out a contradiction where an improvement in supply should, in theory, lead to lower selling prices. However, in the current market, supply is increasing, but prices remain high.