09:00 AM @ 06/03/2024
While lithium demand was significant in 2023, growth fell year-on-year as an economic slowdown affected EV demand, particularly in China. Additionally, the market entered oversupply as capacity came online at an accelerated pace. According to the US Geological Survey, global output came in at 180,000 metric tons (MT) of contained lithium last year.SEE MORE08:48 AM @ 06/03/2024
Goldman Sachs finds it is too early to call an end to a battery raw materials price plunge, warning that significant supply pipelines and Western electric vehicle headwinds could keep prices lower for longer.SEE MORE08:39 AM @ 06/03/2024
Chinese Premier Li Qiang announced an ambitious 2024 economic growth target of around 5% on Tuesday, promising steps to transform the country's development model and defuse risks fuelled by bankrupt property developers and indebted cities.SEE MORE04:47 PM @ 05/03/2024
The State budget revenue from export-import activities in the first two months of this year reached VNĐ56.42 trillion (US$2.35 billion), or 15% of the estimate, down 2.4% year on year, reported the General Department of Customs on March 4.SEE MORE04:21 PM @ 05/03/2024
In the proposed amendments to the Value Added Tax (VAT) Law, the Ministry of Finance has put forward a revision that would require individuals and household business with an annual revenue of VNĐ150 million (US$6,250) to pay VAT, an increase of VNĐ50 million from the current threshold. However, this proposal has sparked a range of differing opinions and concerns.SEE MORE
