Vietnam’s demand for coal serving power generation is expected to rise by five million tonnes in 2016, said Nguyen Van Bien, Deputy General Director of the Vinacomin.
Vietnam’s demand for coal serving power generation is expected to rise by five million tonnes in 2016, said Nguyen Van Bien, Deputy General Director of the Vietnam National Coal-Mineral Industries Group (Vinacomin).
Vinacomin recently asked the Ministry of Industry and Trade (MoIT) to work with relevant agencies to ensure an adequate supply of coal for electricity production.
According to reports from MoIT, 10-month coal output was 34.6 million tonnes, escalating 4.9 percent compared to the same month last year. Meanwhile, coal consumption in the first ten months of this year was estimated at 29 million tonnes, a year-on-year increase of 2.35 percent. The amount sold in domestic market escalated 19.9 percent.
Bien stated that floods hampered Vinacomin’s coal consumption in October, adding that the group needs to produce about 3 million tonnes per month in the last two months of this year to meet the annual target.
The group’s revenue from January-October slid 3 percent as coal prices dipped compared to the same period last year.-VNA
The Vietnam Coal and Mineral Industries Group (Vinacomin) launched a coal exploration project in Tien Hai district, the northern province of Thai Binh on September 21.
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PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
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A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative photo. (Source: VNA)
