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PM approves new preferential policies for border areas

VGP – The Government chief recently made a new decision on preferential mechanisms and policies to spur economic activities in border areas between Việt Nam and Laos and Cambodia.

April 26, 2010 2:25 PM GMT+7

Illustration photo

Under Decision 482/QĐ-TTg, direct beneficiaries include 19 provinces sharing the borderline with Laos and Cambodia; and Vietnamese enterprises implementing projects in the border areas.

However, the new policies are not relevant to industrial parks, export processing zones, economic and border-gate economic zones.

Việt Nam’s aforesaid 19 provinces include two northern provinces of Điện Biên and Sơn La, seven central provinces: Thanh Hóa, Nghệ An, Hà Tĩnh, Quảng Bình, Quảng Trị, Thừa Thiên-Huế, and Quảng Nam, four Central Highlands provinces: Kon Tum, Gia Lai, Đắk Lắk, and Đắk Nông, and six southern provinces: Bình Phước, Tây Ninh, Long An, Đồng Tháp, An Giang and Kiên Giang.

The Vietnamese Government will annually spend the State budget and ODA funds on the construction of checkpoints at major national and international border gates and roads connecting these sites with main roads. 

Also under the decision, the State budget will be used to build border markets, better equipment in border gate checkpoints, train customs staff, prevent social diseases and epidemics, set up and upgrade radio and television stations in border districts and communes.

The Decision also provides special bonus for Vietnamese enterprises to boost their presence in Lao and Cambodian localities which share the common border line with Việt Nam in such fields as petroleum, rock salt, iron ores, industrial plant cultivation, input goods for domestic production. 

By Khánh Phương