• The challenging world of Russian aluminium sanctions

    04:47 PM @ 31/01/2024
    On the one hand, it has faced pressure from some producers who argue that the dominance of Russian aluminium stored in LME warehouses, and the reluctance of many Western market participants to trade or consume it, means the exchange price has diverged enough from the physical market to make it irrelevant.
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  • EU trade chief to press on with US battery minerals talks despite differences

    04:41 PM @ 31/01/2024
    The US and European Union failed on Tuesday to reach a trade deal for critical battery minerals but are vowing to press ahead with talks to create a transatlantic marketplace for minerals and other components, the EU’s top trade official said on Tuesday.
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  • MOIT proposes electricity price hike in 2024

    04:15 PM @ 31/01/2024
    The Ministry of Industry and Trade’s (MOIT) proposal to raise retail electricity prices in 2024 comes amid difficulties faced by Electricity of Vietnam (EVN) and its loss of VND17 trillion last year.
    MOIT, at the Steering Committee on Price Management, proposed adjustment of electricity retail prices in 2024, so that prices can cover production costs and all expenses, thus helping EVN have enough resources to make payments to power plant owners.
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  • USD/VND exchange rate surges in first month of 2024

    02:49 PM @ 31/01/2024
    The USD/VND exchange rate has seen notable developments in the first month of 2024 when it increased significantly in both official and free markets.
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  • 2024 to become pivotal year in Vietnamese economic recovery

    02:19 PM @ 31/01/2024
    2024 is widely considered to be a pivotal year for Vietnamese economic recovery, with insiders believing that there are bright prospects ahead.
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