The first month of 2024 has seen coffee exports showing a robust performance, surging to a trade value of 621 million USD, marking a 99.6 % increase compared to the same period in 2023, according to data from the Ministry of Industry and Trade (MoIT).

Improving the resilience and self-reliance of the national economy, laying a groundwork to build an independent and self-reliant economy integrated extensively and effectively into the world, holds particular significance for Vietnam in the new context, Minister of Planning and Investment Nguyen Chi Dung has said.

Vietjet inaugurated a new route connecting Ho Chi Minh City of Vietnam and Chengdu of China on February 10 – the first day of the Lunar New Year, opening up opportunities for easy travel, promoting trade and tourism between the two countries.

A surge in domestic coffee prices was attributed to the fact that traders actively purchased coffee before the Lunar New Year (Tết) holiday while exporters were afraid of supply shortages like last year so they tended to buy more.

Vietjet operates seven return flights per week between HCM City and Chengdu, with a flight time of over four hours per leg.

With the current export prices standing at $2,955 per tonne, reflecting a 35.2 per cent uptick from the previous year, Vietnamese coffee export companies were said to have secured substantial orders in the first quarter of 2024.

Investing in high-tech projects that utilise clean raw materials and reduce carbon emissions into the environment is the current global trend.

Vietnam shipped 230,000 tonnes of coffee abroad in January, earning 623 million USD, up 61.6% in volume and 100.3% in value year-on-year, according to the Ministry of Agriculture and Rural Development.

Việt Nam’s exports reached nearly US$33.6 billion in January, a 42 per cent surge over the same period last year and the highest level since April 2022.

It’s time to further promote the role of large corporations in this period when the Vietnamese economy needs added impulse to recover from the COVID-19 pandemic and global economic slowdown, according to the Ministry of Planning and Investment.

While Government expenditure was the main driver for the economy in 2023, local consumption will regain the spotlight in 2024, experts predicted.

Embarking on the journey into the transformative Year of the Dragon, Việt Nam aims to become a dragon-like force in the global landscape.

In Việt Nam, listed companies must now include ESG information in annual reports or submit sustainability reports.

Vietnamese have splashed tens of billions of VND on ao dai (traditional long dresses), the national costume, via e-commerce platforms to dress up for the coming Lunar New Year (Tet) holiday.

Global economic uncertainties, challenges in the Australian economy, high inflation and exchange rate fluctuations are contributing factors to the decline.

Vietnamese fruits have been introduced at the Fruit Logistica, the world's largest fruit and vegetable exhibition in the world, which is underway in Berlin from February 7-9.

A week-long event to honour Vietnamese products was launched at the Carrefour hypermarket in the Westfield Carré Sénart shopping centre in Seine-et-Marne province, Île-de-France, on February 7.

Petrol prices were slashed by up to 900 VND per litre by the Ministry of Industry and Trade and the Ministry of Finance from 3pm on February 8.

Localities and tourism businesses have prepared many products and services to attract tourists during the Lunar New Year (Tet) holiday.

Two-way trade reached US$79.43 billion last year, with Vietnamese exports shrinking 12.3 per cent year-on-year to $53.49 billion.