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One-third of coal must be imported in 2024

One-third of coal must be imported in 2024

Vietnam needs 74.3 million tons of coal to produce power next year, but domestic supply can only meet 65% of that demand, so the rest must be imported.
Coal companies announce strong profit results in Q2

Coal companies announce strong profit results in Q2

Coal supplier to deliver 1.2 million tons extra to mitigate northern power shortage

Coal supplier to deliver 1.2 million tons extra to mitigate northern power shortage

Vietnam lacks a million tons of coal for power production

Vietnam lacks a million tons of coal for power production

Thermal power plants in northern Vietnam are short of over one million tons of coal for power production for this and next month, which could intensify electricity shortage in the region.
June 13, 2023 | 05:00 pm PT
Mineral group’s coal revenue up 48% in first two months

Mineral group’s coal revenue up 48% in first two months

The Vietnam Coal and Mineral Industries Group (TKV) earned VND25.2 trillion ($1.06 billion) in revenue in the first two months of this year, up 27.8% over the same period last year.
March 2, 2023 | 07:29 pm PT
Coal still top threat to global climate goals: report

Coal still top threat to global climate goals: report

The number of coal-fired power plants in the pipeline worldwide declined in 2021, according to research released Tuesday, but the fossil fuel most responsible for global warming still generated record CO2 emissions, threatening Paris climate goals.
April 25, 2022 | 06:45 pm PT
Fertilizer imports dip, but cost 55 pct more on global disruption

Fertilizer imports dip, but cost 55 pct more on global disruption

Fertilizer imports fell 7.8 percent year-on-year in March to 320,000 tons, but they cost 55.8 percent more at US$127.6 million, according to the Center for Informatics and Statistics.
April 18, 2022 | 08:13 pm PT
Vietnam to import coal from Australia amid power shortage fears

Vietnam to import coal from Australia amid power shortage fears

Vietnam wants to import around five million tonnes of coal from Australia amid a domestic shortage that has forced power plants to cut production.
April 2, 2022 | 12:00 am PT
Leading miner fears coal shortage may affect power plants

Leading miner fears coal shortage may affect power plants

Vietnam’s biggest coal miner Vinacomin is struggling to provide enough coal to thermal power plants due to shortage of workers and surging costs.
March 23, 2022 | 12:30 am PT
Coal shortage hits thermal power plants

Coal shortage hits thermal power plants

Vietnam’s thermal plants received 30 percent less coal than scheduled from two major domestic suppliers in February due to Covid-19 impacts and the Russia-Ukraine crisis.
March 17, 2022 | 09:49 pm PT
Cement makers hike prices again on rising costs

Cement makers hike prices again on rising costs

Cement manufacturers have hiked prices by VND100,000-150,000 ($4.4-6.6) per ton, or 5.5-8.3 percent, claiming production costs have risen.
March 17, 2022 | 04:45 am PT
Vietnam to cap coal exports at two mln tons in 2022

Vietnam to cap coal exports at two mln tons in 2022

Vietnam will cap its coal exports at 2.03 million tons this year, according to the Ministry of Industry and Trade.
March 4, 2022 | 08:30 pm PT
US to help Vietnam meet key COP26 commitment: climate envoy

US to help Vietnam meet key COP26 commitment: climate envoy

The U.S. special presidential envoy for climate, John Kerry, has expressed high appreciation for Vietnam's COP26 commitments and reaffirmed his nation's pledge to assist with this effort.
February 23, 2022 | 07:14 am PT
Indonesia relaxes export ban to allow 37 coal vessels to depart

Indonesia relaxes export ban to allow 37 coal vessels to depart

Indonesia, the world's biggest thermal coal exporter, has allowed 37 loaded coal vessels to depart after they secured approvals from authorities, the Coordinating Ministry of Maritime and Investment Affairs said on Thursday.
January 12, 2022 | 06:00 pm PT
Cement makers hike prices amid coal shortage

Cement makers hike prices amid coal shortage

Cement producers have pushed up sales prices by VND50,000-90,000 ($2.21-3.98) per ton due to higher production costs, especially amid thinner coal supplies.
November 6, 2021 | 06:55 pm PT
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