The volume of trade between Vietnam and China through the Mong Cai border gate reached 2.4 and 4.1 billion USD in 2007, 2008 respectively, the highest among the Vietnam-China border gates. The cash flow via the banks located in Mong Cai was VND180,469 billion (US$11 billion). The volume trade is increasing significantly year by year. In particular, counting up to the end of March 2008, the volume trade had reached 720 Million which is equal to 182% in comparison to the same period of last year. The tax revenue of Mong Cai in 2008 was more than 1,700 Billion VND (nearly US$100 Million) equal to 150% to the year of 2007 result in the fact that Mong Cai is only district level area in northern Vietnam has tax revenue more than 1,000 billion and rank 3rd in whole nation.
Regarding the urbanization, in 2008, Mong Cai has been upgraded to "3rd urban area" in and recognized as city in the end of 2008. Mong Cai is also known as "Market city" because six big markets are located in the city center. Tourists can find anything there
