Long Bien ICD receives opportunities from EVFTA

Long Bien dry port was born at the time the Vietnam – EU Free Trade Agreement (EVFTA) came into effect on August 1, 2020, this is an advantage to promote the potential of logictics in the capital.

Long Bien ICD – VNILB port code, was established under Decision No. 711 / QD-BGTVT dated April 20, 2020 of the Ministry of Transport, located at No. 1 Huynh Tan Phat, Sai Dong B Industrial Park, Long Bien, Hanoi, with a total area of ​​120,000m2, exploiting capacity of 135,000 TEUs, is scientifically planned and equipped with modern machinery and equipment systems, operating 24/7.

Long Bien ICD is an extension arm with the system of seaports, airports and land border gates from north to south, 100 km from Hai Phong port, 122 km from Lach Huyen port, 26km from Noi Bai international airport. 126km Chinese border, is the gateway to key industrial zones in the North, convenient traffic, easy to connect with the provinces of Hung Yen, Hai Duong, Hai Phong, Bac Ninh, Quang Ninh, Thai Nguyen and many northern provinces.

On May 25, 2020, Long Bien ICD was recognized by the Ministry of Finance of Decision No. 769 / QD-BTC as a place for customs procedures at the inland port of import and export. Imported goods will be transported directly to Long Bien ICD and open declarations to help businesses save time, optimize costs, reduce contact points and congestion at seaports.

Long Bien ICD was born at the same time that the Free Trade Agreement with the European Union (AVFTA) came into effect on August 1, 2020, under which import and export goods were Tax rate reduction, import-export turnover and trade balance will increase. Business demand for the implementation of import and export procedures for goods, as well as Logistics services will also increase. Long Bien dry port with the above advantages will meet the needs of businesses in importing and exporting goods.