Vietnam has spent around US$2.6 billion on importing 36.5 million tons of coal in the first seven months of this year, up 50% in volume year-on-year.
The Northern Coal Trading Joint Stock Company, a member of the Vietnam National Coal and Mineral Industries Holding Corporation (Vinacomin), has received the first batch of more than 21,700 tonnes of coal imported from the US.
Prime Minister Nguyen Xuan Phuc visited and presented gifts to workers of the Ha Lam Coal Joint Stock Company, a subsidiary of the Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin), during his working trip to the northeastern province of Quang Ninh on May 24.
It is now an important time for Vietnam and the West Virginia state of the US to cooperate in a joint effort on economic resumption and fighting the COVID-19 pandemic, Minister of Industry and Trade Tran Tuan Anh has said.
The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) is striving to earn 2 trillion VND (86 million USD) in pre-tax profit this year.
The Vinacomin – Minerals Holding Corporation (Vimico) is going to auction 2,367,040 shares worth over 23.6 billion VND (about 1 million USD) it holds at the Nghe Tinh Non-ferrous Metal JSC on March 10.
The Ministry of Industry and Trade has requested state-owned coal and oil-gas producers to develop plans and measures to response to impact of the acute respiratory disease caused by a new coronavirus (COVID-19) outbreak.
Demand for cement and clinker is expected to rise marginally 4-5 percent to 101-103 million tonnes in 2020, according to the Ministry of Construction.
The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) has set to sell 49 million tonnes of coal in 2020, a year-on-year surge of 10 percent, according to Vinacomin Deputy Director General Nguyen Hoang Trung.
The Vietnam National Coal and Mineral Industries Holding Corporation Limited (Vinacomin) recorded a high growth of 14 percent in the first nine months of 2019, the highest level in the industrial sector.
Not much work has been done to prepare for the opening of the competitive retail market, slated for 2021. Under the PM Decision released in October 2013, the competitive electricity market will take shape in a 3-stage roadmap.
The Ministry of Natural Resources and Environment has set up an inter-disciplinary inspection team to supervise charcoal exploitation at mining areas nationwide in the last six months of this year.
The Vietnam National Coal-Mineral Industries Holding Corp., Ltd. (Vinacomin) loaded its first tonnes of coal onto the Viet Thuan Sky ship at Cam Pha port in the northern province of Quang Ninh on February 5 (the first day of the Lunar New Year).
The Vietnam National Coal and Mineral Industries Group (Vinacomin) has set the goal of earning a total revenue of VND128 trillion (US$5.5 billion) in 2019, nearly VND69 trillion of which will be from coal production.
Deputy Prime Minister Trinh Dinh Dung asked for sufficient electricity for development and daily life by any means when chairing a conference on coal supply for power production in Hanoi on December 12.
Geological and mining experts recently debated the feasibility and economic and social impacts of the exploitation of the Red River Delta coal basin, which has estimated reserves a hundred billion tonnes of coal.
Many local enterprises are concerned about paying higher corporate income tax according to regulations on the deductibility of loan interest under Decree 20, in effect from May 1, 2017.
Divestment from State-owned enterprises and groups is an inevitable trend brought about as the consequence of rampant investments through “powerful blows” during the years in the late 2000s and early this decade.
The Vietnam National Coal and Mineral Industries Group (Vinacomin) aims to produce and sell 41 tonnes of coal in 2019, a year-on-year increase of 10-15%.
The Vietnam National Coal and Mineral Industries Group (Vinacomin) has produced over 20 million tonnes of raw coal and 19.3 million of clean coal from the beginning of 2018.