Vietnam’s economic performance in January 2024

The consumer price index (CPI) increased 3.37% in the opening month of 2024, foreign direct investment 40.2%, international arrivals 73.6%, and the Index of Industrial Production (IIP) 18.3%.
VNA

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A freight train connecting Vietnam with China (Photo: VNA)

Lao Cai rolls out measures to develop logistics, e-commerce

Lao Cai will develop a network of inland ports and logistics hubs, with a total cargo clearance capacity exceeding 1.5 million TEUs. These hubs will be established in Lao Cai, Kim Thanh – Ban Vuoc area, and other strategic locations linked to Sa Pa airport.

Farmers harvest rice in Lam Dong province. (Photo: VNA)

Vietnamese rice attracts Japanese consumers

Takashi Takanashi, head of the Spice House Co., a company based in Sagamihara, Kanagawa Prefecture, specialising in wholesale imported food for restaurants and retailers, said his company is receiving increasing requests for Vietnamese rice, he said.

A shopper buys goods online (Photo: VNA)

Tax revenue from e-commerce surges

According to the department, 130 foreign suppliers, including Google and Facebook, have registered, declared, and paid taxes through the electronic tax portal for foreign providers, contributing a total of 2.91 trillion VND (114 million USD).

Illustrative photo (Photo: VNA)

Vietnam’s coffee exports reach 1.72 billion USD in first two months

Nguyen Duc Dung, Deputy General Director of the Mercantile Exchange of Vietnam (MXV), noted that coffee prices in the global market rose sharply. As a result, Vietnam's coffee export value increased by over 37% during this period, though its export volume decreased by 22%.