VINACHEM

Former CIEM’s Head Dr Nguyen Dinh Cung warns of economic challenges despite GDP growth, urges institutional reforms and less reliance on foreign investment for 2025. 

Prices of lithium, nickel and cobalt collapsed in 2023 and have continued grinding steadily lower over the course of 2024. 

Nickel hit a four-year low as a lackluster outlook from the Federal Reserve for next year outweighed the possibility of sharp mining cuts in Indonesia. 

The US Department of Agriculture (USDA) announced it is making more than $116 million in investments for domestic fertilizer production to increase competition, lower fertilizer costs for farmers and lower food costs for consumers. 

Russia launched the country’s first ammonia sea terminal at the port of Ust-Luga on Friday, aiming to increase export capacity amid Western sanctions. 

German chemical industry recovery to occur only in A hoped-for recovery in Germany’s chemical industry has been pushed out to 2026, as shown by an industry survey presented at a webinar hosted by chemical producers’ trade group VCI. 

The U.S. economy grew faster than previously estimated in the third quarter, driven by robust consumer spending.