Laos, China forge partnership to facilitate cross-border transport, trade
Viengkhone Sitthixay explains about the Thanaleng Dry Port and Vientiane Logistics Park to Prof. Dr Kikeo Khaykhamphithoune (left) duing his visit to the exhibited booth.
KUNMING, (China): Laos's Thanaleng Dry Port (TDP) has established partnerships with key Chinese firms to advance cross-border cargo transport and regional trade connectivity.
At the recent 9th China-South Asia Exposition held in Kunming, southwestern China's Yunnan province, the Thanaleng Dry Port Sole Co., Ltd. signed the Strategic Cross-Border Partnership with Anning Dry Port International Holding Co., Ltd.
The partnership aims to enhance logistics efficiency between Laos and China by streamlining customs processes, sharing warehouse resources, and standardising documentation.
The deal will leverage TDP's role as a key logistics hub linking China with Southeast Asia, while also tapping into the strategic convergence of major regional railways at Anning Dry Port — including links to Vietnam and Myanmar.
'The unique characteristics of the harbor position it as a key hub for China's national transport network, enabling the Thanaleng Dry Port to diversify and enhance its service,' TDP said in a statement.
Thanaleng Dry Port – the single-window customs clearance point for freight transport on the Laos-China railway - also signed an additional cooperation deal with Lao Financial Holding Sole., Ltd., China Intelligent Electric Vehicles Co., Ltd., and Yunnan Maimiao Automobile Service Co., Ltd.
The Cross-Border Automotive Industry and Financial Services Full-chain Platform and Bonded Warehouse Cooperation agreement aims to support and promote win-win cooperation by utilising the bonded warehouses of the Thanaleng Dry Port as a primary service to jointly establish a platform for cross-border trade and integrated investment services.
These include the pre-tax import of goods + bonded warehouse services + pre-tax payment sales + sales with installment payment options + after-sales services in order to help elevate the Lao automotive industry and develop cross-border trade in the region.
The partnerships are part of the Lao dry port's broader strategy to engage with regional and global players to advance cross-border transport and position itself as a key logistics connector linking Southeast Asia to China and even extending to Europe.
During the 9th China-South Asia Exposition, the Thanaleng Dry Port - the converging point between the Laos-China and Laos-Thailand railways - set up a booth at the six-day event to showcase its logistics service products that have been introduced since it began operation in December 2021.
Vice President of Thanaleng Dry Port Sole Co., Ltd., Viengkhone Sitthixay, and his team welcomed Lao Deputy Prime Minister Prof. Dr Kikeo Khaykhamphithoune and foreign guests to the company's booth where the DPM was briefed about the Lao landmark project.
The dry port's Managing Director, Sakhone Philangam, told the guests that the dry port and its associated Vientiane Logistics Park are priority projects of the Lao government and form an integral part of the broader strategy to transform landlocked Laos into a land-link country.
The progress made in this direction was showcased at the Kunming expo, where businesses set up more than 2,000 booths in total.
The event provides an excellent opportunity for Lao businesses to explore avenues and establish trade partnerships with international companies, particularly those in China and Southeast Asia. - Vientiane Times/ANN
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Borneo Post
3 hours ago
- Borneo Post
Sabah chamber bridges cultural and economic exchange with Zhang Clan delegation
A group photo of the Sabah China Chamber of Commerce members and the Zhang Clan delegation. KOTA KINABALU (June 21): The Sabah China Chamber of Commerce (SCCC) is committed to building a bridge for economic, trade and cultural exchanges between China and Sabah. Guided by the principle of mutual cooperation and win-win development, the Chamber actively promotes the rich heritage of traditional Chinese culture. This was expressed on Friday by SCCC president Datuk Frankie Liew during an exchange session held at the SCCC conference room with a 14-member delegation from China led by President Zhang Huaxia of the Hui Gong Cultural Committee of China (Zhang Clan Association of China) and the Beijing Hui Gong Cultural Development Centre (Zhang Clan Association of Beijing). Liew stated that this meeting was more than a cultural exchange — it also symbolized the deep kinship between the two associations and celebrated the grand opening of the new Sabah Zhang Clan Association building. He praised the dedication and enthusiasm of the Zhang Clan representatives, calling the occasion a moving testament to the enduring strength of ancestral bonds. The new building is not only a milestone for Zhang clan members in Sabah, but also a powerful symbol of the thriving development of Zhang clan culture abroad. It contributes to greater unity and cohesion among Zhang clan members worldwide. He emphasized that since its founding, the Sabah China Chamber of Commerce has worked to serve as a vital platform for economic and cultural collaboration between Sabah and China. He noted that Zhang clan culture, as a brilliant gem of traditional Chinese heritage, reflects values such as solidarity, mutual support and perseverance — all of which align with the Chamber's philosophy of cooperative and mutually beneficial growth. 'This meeting is both a joyful reunion and a new beginning for deeper cooperation,' he said. 'Under the outstanding leadership of President Zhang Huaxia, we believe the grand opening of the Sabah Zhang Clan Association's new building will serve as a launchpad for broader and more in-depth collaborations — whether in cultural heritage, business, or community engagement — helping to promote Chinese traditional values while advancing prosperity on both sides.' Liew recalled that years ago, he was honored to attend a major Zhang Clan Association celebration in China at the invitation of Zhang. During that memorable occasion, they shared in the timeless brotherhood story of Liu Bei, Guan Yu and Zhang Fei taking the 'Peach Garden Oath' — a vow of loyalty and unity. He said this legendary tale of fraternity and righteousness remains a powerful reminder of the deep and cherished friendship between himself, Zhang, and all Zhang clan members. Liew also extended heartfelt congratulations on the successful opening of the Sabah Zhang Clan Association's new headquarters and expressed hope that, inspired by the loyalty and righteousness of Liu, Guan and Zhang, both organizations will continue to work hand-in-hand to create a new chapter of mutual success and lasting cooperation. Also present at the meeting from SCCC were Deputy President Brett Chua, Vice Presidents Ir. Ts. Tan KJ, JP, Datuk Simon Teoh, Tan Siew Ling and Chiew HH, Director of Commerce Douglas Fong, Director of Public Relations Anthony Leong, Director of VIP Reception Chin Hui Zhi, Deputy Director of VIP Reception Cheong SL and Committee Members Lucas Kwan, Chan JG, Penny Lee, Desmond Hsiu, Wong CM and Joanis Yeo. The China Zhang clan delegates were Zhang Huaxia, Jiang Li, Zhang Jundong, Zhang Ziyan, Zhang Yuelin, Zhang Ziliang, Zhang Qilun, Zhang Chunfeng, Liu Zhiwen, Zhang Zhijie, Yang Zhihua, Liu Zhenmin, Xie Yinhui and Zhang Tao.
The Star
3 hours ago
- The Star
Singapore PM Wong to visit China, where he will discuss cooperation to strengthen rules-based order
SINGAPORE: The world is in a state of flux, and countries big and small have to do their part to manage geopolitical tensions and rivalry carefully so as to minimise the risk of conflict and war, said Prime Minister Lawrence Wong. In an interview with Chinese state broadcaster CCTV ahead of his first visit to China as prime minister, he said a key priority is to discuss broader regional and global developments with Chinese leaders, and explore how both countries can work together to strengthen multilateralism and the rules-based international order. He also said that he hopes to build closer ties with the Chinese leaders, especially with President Xi Jinping and Premier Li Qiang. His visit from Sunday (June 22) to Thursday (June 26) was announced on June 20 by Chinese foreign ministry spokesman Guo Jiakun, who said PM Wong will be meeting Xi, Li and Zhao Leji, chairman of the National People's Congress. The visit comes as strategic rivalry between the United States and China has triggered supply chain disruptions, technological decoupling, and growing fears that other countries may eventually be forced to pick sides. The US has also imposed sweeping tariffs on much of the world, including Singapore, with particularly high duties on China. 'We are in the midst of a very messy and unpredictable transition,' PM Wong said in the interview, aired on the CCTV programme Leaders Talk on June 20. He noted that the US had helped shape the global order after World War II – an order that benefited all countries, including China and the US itself – which is now under strain as America signals a desire to pull back from it. 'There is no country in the world today that can replace the US, no one. So what is our alternative? I think frankly, at this stage, no one knows the answer,' he said. PM Wong said it will take time for a new equilibrium to emerge. Unlike the post–Cold War era, which was dominated by a single superpower, he believes the new global order will be shaped by countries both large and small. But in the meantime, the transition is potentially dangerous. 'Without clear global leadership and coordination, there are many things that can go wrong in this world,' he warned, urging all countries to manage geopolitical tensions and rivalry carefully to minimise the risk of conflict and war. He said the onus is on all countries to continue working together and find win-win cooperation, especially in areas of shared interest. 'And then step by step, we can all work together to lay the groundwork for a new and more stable global order that may emerge in the years ahead. It will take time, but we should all do our part to shape this new global order.' PM Wong will emphasise the importance of upholding a rules-based multilateral order when he attends a World Economic Forum event in Tianjin next week. The event, officially called the Annual Meeting of the New Champions, is commonly known as Summer Davos. In the interview with CCTV, he acknowledged that today's multilateral system is not perfect, but said it should be reformed and improved – not abandoned – to better serve all countries. He explained the US' turn towards anti-globalisation, saying that Americans feel that they are not enjoying the commensurate benefits. Responding to a suggestion by the CCTV journalist that imposing heavy tariffs on much of the world might not be the proper way for the US to compensate themselves for feeling short-changed by globalism, PM Wong said: 'We do not believe it is, but as I said, the administration reflects a growing sentiment amongst the American people that they are paying too high a price to be the world's policeman, to underwrite the global system, and they have not benefited. 'If America were to take an enlightened self-interest, not just a very narrow perspective of its interest, but a wider view of its interests, this system has benefited America too. 'But the feelings are real, because globalisation over the decades has resulted in many cities and towns in America being completely de-industrialised, jobs being taken away, people losing their jobs, incomes stagnating. So the sentiments do exist. And when these sentiments exist, politicians react to the sentiments, and they take actions which they think will respond to these sentiments. That is what is happening in the US today.' Asked about his top concern for Singapore, PM Wong said the increasingly fragmented global environment poses challenges for a small, open economy like Singapore, which depends heavily on trade. But while global supply chains are being reshaped and countries seek greater self-sufficiency, he stressed that trade will continue, albeit in new configurations. Singapore, he said, must stay competitive and relevant to remain a key node in shifting trade and investment flows, and is working with like-minded partners to uphold free trade and a rules-based system. Within Asean, efforts are under way to deepen integration and lower trade barriers. Singapore is also strengthening ties with key Asian economies such as China, India, Japan and South Korea, while reaching out to further markets in the European Union, Latin America, and Africa. 'I believe in every crisis, there will always be opportunities, and so we are finding ways to seize new opportunities for ourselves and for other countries,' he said. Wong described the relationship between Singapore and China as 'a very close and steadfast partnership', nurtured over generations of leaders. 'So I hope to do the same in my visit with Chinese leaders, especially with President Xi and Premier Li, and I think the close ties at the leadership level sets the tone for the overall relationship.' A key objective of his trip to China will be to reaffirm a shared commitment to bilateral cooperation, as Singapore and China mark the 35th anniversary of diplomatic ties. The cooperation led to the three government-to-government projects of Suzhou Industrial Park, Tianjin Eco-city and Chongqing Connectivity Initiative. Asked if he envisioned introducing a new project during his term, PM Wong said that he does not consider existing projects as completed and done with, but platforms that can continually host new areas of cooperation. This is in line with bilateral ties, which were upgraded in 2023 to an All-Round High-Quality Future-Oriented Partnership. PM Wong is no stranger to China, having visited almost every year since entering politics in 2011. He described the transformation he witnessed in China as 'nothing short of an economic miracle'. In the interview, he expressed confidence in China's economy despite global headwinds, citing its strong track record and capable leaders who are willing to adapt. Most of all, he said, his optimism stems from the determination of the Chinese people to keep moving forward and improve their lives. 'It's a remarkable transformation, and I continue to wish China every success in its journey of modernisation,' he said. - The Straits Times/ANN
The Star
3 hours ago
- The Star
Laos, China forge partnership to facilitate cross-border transport, trade
Viengkhone Sitthixay explains about the Thanaleng Dry Port and Vientiane Logistics Park to Prof. Dr Kikeo Khaykhamphithoune (left) duing his visit to the exhibited booth. KUNMING, (China): Laos's Thanaleng Dry Port (TDP) has established partnerships with key Chinese firms to advance cross-border cargo transport and regional trade connectivity. At the recent 9th China-South Asia Exposition held in Kunming, southwestern China's Yunnan province, the Thanaleng Dry Port Sole Co., Ltd. signed the Strategic Cross-Border Partnership with Anning Dry Port International Holding Co., Ltd. The partnership aims to enhance logistics efficiency between Laos and China by streamlining customs processes, sharing warehouse resources, and standardising documentation. The deal will leverage TDP's role as a key logistics hub linking China with Southeast Asia, while also tapping into the strategic convergence of major regional railways at Anning Dry Port — including links to Vietnam and Myanmar. 'The unique characteristics of the harbor position it as a key hub for China's national transport network, enabling the Thanaleng Dry Port to diversify and enhance its service,' TDP said in a statement. Thanaleng Dry Port – the single-window customs clearance point for freight transport on the Laos-China railway - also signed an additional cooperation deal with Lao Financial Holding Sole., Ltd., China Intelligent Electric Vehicles Co., Ltd., and Yunnan Maimiao Automobile Service Co., Ltd. The Cross-Border Automotive Industry and Financial Services Full-chain Platform and Bonded Warehouse Cooperation agreement aims to support and promote win-win cooperation by utilising the bonded warehouses of the Thanaleng Dry Port as a primary service to jointly establish a platform for cross-border trade and integrated investment services. These include the pre-tax import of goods + bonded warehouse services + pre-tax payment sales + sales with installment payment options + after-sales services in order to help elevate the Lao automotive industry and develop cross-border trade in the region. The partnerships are part of the Lao dry port's broader strategy to engage with regional and global players to advance cross-border transport and position itself as a key logistics connector linking Southeast Asia to China and even extending to Europe. During the 9th China-South Asia Exposition, the Thanaleng Dry Port - the converging point between the Laos-China and Laos-Thailand railways - set up a booth at the six-day event to showcase its logistics service products that have been introduced since it began operation in December 2021. Vice President of Thanaleng Dry Port Sole Co., Ltd., Viengkhone Sitthixay, and his team welcomed Lao Deputy Prime Minister Prof. Dr Kikeo Khaykhamphithoune and foreign guests to the company's booth where the DPM was briefed about the Lao landmark project. The dry port's Managing Director, Sakhone Philangam, told the guests that the dry port and its associated Vientiane Logistics Park are priority projects of the Lao government and form an integral part of the broader strategy to transform landlocked Laos into a land-link country. The progress made in this direction was showcased at the Kunming expo, where businesses set up more than 2,000 booths in total. The event provides an excellent opportunity for Lao businesses to explore avenues and establish trade partnerships with international companies, particularly those in China and Southeast Asia. - Vientiane Times/ANN
