MOIT VIETNAM | ACTIVITIES
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/ News / Activities
The Intense International Rail Race: Vietnam vs. Laos vs. Thailand
A train with 19 refrigerated containers, totaling around 280 tons of fresh veggies, set off from Kunming (Yunnan, China) on February 7 and arrived in Bangkok 55 hours later. Thai fruits are scheduled to leave for China on an international train in the afternoon.
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/ News / Activities
Laos and Cambodia Embrace National Digital Currency, While Vietnam Awaits
A new digital currency called DLaK, short for "Digital Lao Kip," has recently been tested by the Central Bank of Laos (BOL). The aforementioned coin is the result of BOL's partnership with Soramitsu, a financial technology firm based in Japan.
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/ News / Activities
Laos Acknowledges Vietnam's Effective Projects in Attapeu Province
The Vietnamese initiatives in Attapeu have brought several benefits to the local community and Laos as a whole, including the creation of employment and income, the development of exportable goods, and the inflow of foreign cash.
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Economies of Laos and the Philippines are suffering from rampant inflation.
On February 7, 2023, the Philippine Statistics Authority (PSA) announced that the country's inflation rate in January 2023 reached 8.7%; this is the highest inflation level since November 2008. In particular, core inflation (excluding energy and perishable foods) increased by 7.4% in January 2023.
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/ News / Activities
Advancements in Research and Development of the Lao Cryptocurrency Market
Considering that only 30% of the population in Laos has access to a bank account, the nation has today launched a trial of digital money for cross-border payments.