coal export

Update news coal export

Domestic coal price too low, Vinacomin wants to increase exports

If Vietnam’s high-quality coal is mixed it with other types of coal to run thermopower plants, it would be a big waste, according to Vinacomin, the largest coal miner in the country.

Coal export quota for the year not reached

Coal miners are allowed to export 2 million tons of coal, but they have not used up the yearly quota.

Vietnam exports coal to China, then imports coal from China at high prices

Vietnam buys coal from Indonesia at the price of VND1.6 million per ton, while coal from China is 6.6 times more expensive, at VND8.2 million.

Domestic coal sales slow as enterprises buy Chinese coal

VietNamNet Bridge - Coal imports have been increasing rapidly as coal on the world market is priced more cheaply than the domestic product.

Vietnam signs MoUs on coal imports

 The Vietnam National Coal and Mineral Industries Group has signed 10 memorandums of understanding (MoU) with foreign companies for an annual supply of about 20 million tonnes of coal.

VN regrets its cooperation with Indonesia in coal project

 VietNamNet Bridge – The decision on “selling” the coal mine to an Indonesian investor 15 years ago has blundered the coal mining industry.

BUSINESS IN BRIEF 22/7

 Food producers find ray of hope in byproducts; TKV says higher tariff hinders coal export; Cai Mep-Thi Vai port to be leased in 30 years; One-fifth of firms eye expansion