03:17 PM @ 03/03/2023
The public will have to accept the 5-7 percent electricity price increase in 2023 as EVN has incurred a big loss of VND31 trillion and if it is not allowed to raise electricity prices, national energy security will be threatened.SEE MORE04:49 PM @ 02/03/2023
A blistering rally in the cobalt market is turning into a rout, putting pressure on miners and offering tentative cost relief for carmakers after a surge in battery metal prices last year.
Cobalt rallied sharply early in 2022 as demand for electric vehicles surged. But while automotive usage is still rising, there’s been a sharp drop-off in buying from another key sector — Chinese electronics — and cobalt prices have crashed more than 50% since a peak in May.SEE MORE04:39 PM @ 02/03/2023
China's appetite for energy is roaring back as its economy recovers from a downturn caused by its draconian zero-COVID policy. Many pundits are worried that a surge in China's imports of crude oil and other energy resources could push those prices higher, fueling inflation worldwide.SEE MORE04:29 PM @ 02/03/2023
Petrol prices recorded a mild drop during the latest adjustment at 3 p.m. on March 1 made by the Ministry of Industry and Trade, and the Ministry of Finance.SEE MORE04:22 PM @ 02/03/2023
The Chairman of Vietnam Valuation Association (VVA) said that the new power price must increase by about 15 percent compared to the current selling price to be considered sufficient to cover costs.SEE MORE
