Kazakhstan is going to become a huge transit hub connecting South-East Asia with Europe. Vietnamese Saigon Newport Corporation’s port may become the key in cargo transportation from Kazakhstan. The direct railway cargo transportation from Lianyungang port to Vietnam is also possible. Vietnam is the country with rapidly developing economy, and also a huge grain and food sales market for Kazakhstan. The trade turnover between the two countries made up $330 million, $147 million of which accounts for Kazakhstani export. 

BEKETZHAN ZHUMAKHANOV, KAZAKH AMBASSADOR TO VIETNAM:

Kazakhstan exports steel, aluminum and lead to Vietnam. This is what Vietnam needs for its construction sector. Accordingly, Kazakhstan is negotiating with Vietnam on food exports. This will become the main direction of our trade-economic cooperation.

VAN KUI BUI, SPOKESPERSON, TERMINAL CATLAI:

I think that the transportation of goods through Lianyungang port is very promising. Our terminal is modern and convenient for cargo transportation to Indonesia and Thailand and other South-East Asian countries.

At present, Vietnam uses Lianyungang port for transportation of goods to China, Russia and Europe mainly via railway. The first cargo train left for London in the beginning of this year. The transportation took 18 days. It became clear that delivering cargo by train is cheaper than by plane and faster than by sea. For instance, it took 14 days to ship cargo from Vietnam to Almaty, while by sea it would have taken 45 days minimum. The smooth logistics was enabled by the free trade zone agreement between Vietnam and the EAEU.

BEKETZHAN ZHUMAKHANOV, KAZAKH AMBASSADOR TO VIETNAM:

We will provide the opportunity for Kazakhstan and the EAEU countries to export their goods to new markets and import goods lacking in our region.

At present, Vietnam exports oil and gas, seafood, rice to the USA, Japan, and Australia. It has outpaced Brazil in production of coffee long time ago. Moreover, the world’s leading corporations are opening their branches in Vietnam. Therefore, transportation route to Vietnam and back opens huge opportunities for Kazakhstan as well.

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