SINOTRANS(SH:601598) Qi Lu Wan Bao Wang·2025-05-15 06:16Core Viewpoint - The opening of the international road transport route from China to Hanoi, Vietnam, marks a significant advancement in cross-border transportation facilitation between China and Vietnam, utilizing the CBTA agreement for the first time [1][3]. Group 1: Transport Route Details - The new transport routes include two lines: from Nanning, Guangxi, and from Kunming, Yunnan to Hanoi, Vietnam [3]. - A total of 12 trucks were dispatched, with 6 originating from Qingdao, and the journey covers approximately 400 kilometers, expected to take 2 days [3][5]. - The transport process is supported by representatives from transportation, customs, and border defense departments from both countries, ensuring smooth operations and safety [3][5]. Group 2: Efficiency and Cost Savings - The new direct transport method allows for "door-to-door" delivery, significantly reducing transit time by about 1 day per truck and saving costs between 800 to 1000 yuan [5]. - The initiative aims to enhance the efficiency of cross-border transport and reduce overall transportation costs [5]. Group 3: Future Developments - Following the opening activities, both sides will evaluate the transport conditions and risks, aiming to address issues affecting transportation facilitation [5]. - The Qingdao Transportation Bureau plans to further support and cultivate international road transport, enhancing logistics channels to facilitate more businesses in expanding internationally [7].