• Ministry of Industry and Trade calls for stable supply of coal

    03:42 PM @ 06/03/2023
    The Minister of Industry and Trade has recently asked the trio of power giants to keep the supply of coal stable at all costs in 2023 as the mineral is essential for power generation and fertiliser production.
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  • Electricity price hike expected in 2023

    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.
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  • Cobalt's battery-powered boom in 2022 on EV demand surge busts

    04:49 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.
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  • Renewed China energy demand threatens to fuel global inflation

    04:39 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.
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  • Petrol prices continue to drop

    04:29 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.
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