Việt Nam Electricity (EVN) and the Việt Nam National Coal and Mineral Industries Holding Corporation Limited (TKV) worked together to ensure adequate supply of coal for electricity production in the remaining months of this year.
TKV has been looking for partners to import coal to increase supply for the domestic market, which has a strong demand for coal for electricity production.
Thanks to the positive performance, its revenue reached more than VND98.4 trillion (US$4.2 billion) in January-September, surging 17 per cent over the same period last year or making up 77 per cent of its yearly target.
The Viet Nam National Coal and Mineral Industries
Holding Corporation (Vinacomin) has gained VND1.6 trillion (US$76.1
million) from the divestment of three companies in its non-core
businesses this year.
The domestic coal supply still meets the demand, but
the country will have to import coal from 2016, according to the Viet
Nam National Coal and Mineral Industries Holding Corporation.
The Viet Nam National Coal and Mineral Industries Holding Corporation
(Vinacomin) has gained VND1.5 trillion (US$71.4 million) from the
completion of its divestment of five companies in its non-core
businesses.
The Viet Nam National Coal and Mineral Industries
Holding Corporation (Vinacomin) has urged members to fully exploit
market conditions, as coal consumption in the second quarter could face
difficulties.