Vietnam 

Vinacomin strives to meet increasing demand for coal – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Cọc Sáu coal mine. Việt Nam National Coal – Mineral Industries Holding Corporation Limited is trying to meet the increasing demand for coal. — Photo vinacomin.vn Viet Nam News HÀ NỘI — The Việt Nam National Coal – Mineral Industries Holding Corporation Limited (Vinacomin) had been working to meet the increasing demand for coal for electricity generation and production, Vinacomin’s general director Đặng Thanh Hải said. Vinacomin targeted to reach an output of 4.1 million tonnes of coal in March. Production would be enhanced at open-cast coal mines…

Read More
Vietnam 

Vinacomin asked to ensure coal supply, enhance quality – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Workers at a mine of Vàng Danh Coal Joint Stock Company, a member of Vinacomin. – Photo vinacomin.vn Viet Nam News In 2019, Vinacomin targeted to reach a production output of 40 million tonnes, revenue of VNĐ128 trillion (US$5.6 billion) and average monthly salary of VNĐ11.3 million, from VNĐ10.8 million in 2018. It estimated total coal consumption demand at 42 million tonnes in 2019. Vinacomin’s report showed that the company achieved positive business results in 2018 with all indicators exceeding the targets. Coal production in 2018 reached…

Read More
Vietnam 

Vinacomin posts record profit of nearly US$150 million in nine months – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Vinacomin’s coal inventories fell sharply from nine million tonnes in the beginning of the year to 4.48 million tonnes by the end of last month. — Photo vinacomin.vn Viet Nam News HÀ NỘI — On Tuesday, Việt Nam National Coal and Mineral Group (Vinacomin) reported a record profit of VNĐ3.5 trillion (nearly US$150 million) in the first nine months of this year. Vinacomin’s revenue in the January-September period reached VNĐ93 trillion, posting a 118 per cent year-on-year increase and meeting 82 per cent of the year’s target. It…

Read More