The country’s industrial production index (IIP) surged 5.7 per cent year-on-year in the first five months this year, the General Statistics Office (GSO) reported. SEE MORE Forget the "copycat China" stereotype: The world's second-largest economy is quickly shedding that image as domestic firms innovate rapidly. SEE MORE Vietnam imported 2.01 million tons of fertilizers valuing at US$547 million in the first five months of this year, up 32% in volume and 24% in value against the same period last year, according to the Ministry of Agriculture and Rural Development. SEE MORE Oil prices fell by 1 percent on Wednesday as rising Libyan production fueled concerns that OPEC-led output cuts are being undermined by several countries that are excluded from the deal. SEE MORE The base metals prices are split this morning, Tuesday May 30. Copper, lead and zinc prices are off 0.4%, 0.3% and 0.1%, respectively, with three-month copper prices at $5,642 per tonne. While aluminium prices are up 0.1%, nickel prices are up 0.3% and tin prices are up 0.7%. SEE MORE