• Electricity prices expected to surge in 2024: Ministry

    03:19 PM @ 05/02/2024
    In an effort to address financial challenges faced by Vietnam Electricity (EVN), the Ministry of Industry and Trade (MoIT) has put forth a proposal to increase electricity prices in 2024.
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  • Trade value nears US$30 billion in first half of January

    02:42 PM @ 05/02/2024
    Viet Nam's trade with the rest of the world was estimated at US$29.78 billion in the first half of January, representing a year-on-year increase of 5.4 percent, according to the General Statistics Office (GSO).
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  • Cobalt oversupply brings change to long-term contracts

    04:46 PM @ 02/02/2024
    A ramp-up in cobalt hydroxide mined supply has led to a focus for producers to examine alternative pricing options to the traditional Rotterdam standard grade cobalt metal price as a basis reference. Alternatives have included the use of cobalt hydroxide payables, outright hydroxide prices and cobalt sulfate prices.
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  • China Northern Rare Earth net profit falls over 60% amid falling RE prices

    04:36 PM @ 02/02/2024
    Net profit at the Chinese rare earth producer was estimated to be in the range of 2.17 billion yuan ($303 million) to 2.33 billion yuan in 2023, a decrease of 3.65 billion to 3.81 billion yuan from 5.98 billion in 2022, according to preliminary calculations from the company’s finance department.
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  • Vietnam should stay proactive to cope with inflationary pressures

    04:01 PM @ 02/02/2024
    Although the average consumer price index (CPI) in 2023 increased by only 3.25% year-on-year and the January figure went up 0.31% over the previous month, meaning that inflation is under control, it is necessary for Vietnam to be vigilant against inflation, according to the Investment Review.
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