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The Minister of Industry and Trade has just issued a Decision approving the coal price framework and electricity generation price framework in 2023. Accordingly, the coal price is 1,808,000 VND/ton, the electricity generation price framework for coal-fired power plants is 0 - 1,559.70 VND/kWh and the electricity generation price range for hydropower plants is 0 - 1,110 VND/kWh (the above price framework does not include value added tax (VAT) and other related taxes and costs).

In the second quarter of 2022, the units of the Vietnam Coal and Mineral Industries Group (Vinacomin) promote a labor emulation movement "High working day - High output - High income", focus on coal production to meet maximum demand for electricity generation.

First 6 months of 2015, the member units of the Vietnam National Coal and Minerals Industries Hoilding Corporation Ltd - (Vinacomin) tried their best to maintain coal stable production, ensure employmenst for workers and actively invested for preparation to meet the rising coal demand, especially coal for electricity generation in coming time.

On May 9, Mr. Tran Dinh Nhan, General Director and Mission of Electricity of Vietnam (EVN) and worked with Vinacomin leaders in Hanoi and Coal Northeast Corporation (CNC) in Quang Ninh, on coal supply for power generation, especially in the peak hot months of 2023.

On March 3, 2023, at the headquarters of the Ministry of Industry and Trade (MOIT), Minister Nguyen Hong Dien chaired a meeting with the leaders of Electricity of Vietnam (EVN), Vietnam Oil and Gas Group (PVN), and Vietnam National Coal - Mineral Industries Holding Corporation Limited (TKV), Power Generation 1, Power Generation 2, Power Generation- 3 Joint Stock Company, TKV Power Company, PVN Power Company, Northeast Coal Corporation; Ninh Binh Fertilizer Single Company Limited, Ha Bac Fertilizer and Chemical Joint Stock company and a number of the coal-fired thermal power plants on the coal supply and coal import for electricity and nitrogen fertilizer production.

Energy security of Vietnam will be affected by placing the too large focus as an over half of power generation to coal-fired thermal power plants, that the Green Incentive Development Center (GreenID) has warned on Sept.29, 2015.

The Ministry of Industry and Trade (MOIT) has just promulgated Decision No. 281 on 2019 range of price of electricity generation, applicable for negotiating PPAs (as stipulated in Article 1 of Circular No. 57/ 2014/TT-BCT dated December 19, 2014 of the Minister of Industry and Trade). 

Recently, the Government Office informed the Conclusion of Deputy Prime Minister Trinh Dinh Dung at the meeting on coal supply for the power generation and other consumers. 

Government Office informed, the Prime Minister had the directions on ensuring coal supply for power generation.

In Hanoi, Mr. Tran Dinh Nhan - General Director of Electricity of Vietnam (EVN) just had a meeting with Mr. Koshio Katsuhiko - Chairman of Toyo Joint Stock Company (Japan) to discuss possibilities of energy cooperation between the two sides. Specifically, cooperation in producing biomass pellets, combination with coal fuel to generate electricity and provide technical service and fuel for power plants in Vietnam.

The Ministry of Industry and Trade (MOIT) has just promulgated Circular No. 57/2020/TT-BCT (Circular 57) on the method for defining electricity generation prices and the order for checking power purchase agreement (PPA), and on amending and supplementing a number of clauses of the Circular No 57/2014/TT-BCT dated 19/12/2014 of MOIT minister on the method and order to formulating and promulgating the framework of electricity generation prices.

The electricity of Vietnam (EVN) and Vietnam National Coal and Mineral Industries Group (Vinacomin) exchanged the situation of coal supply in 2022, and the plans for the coal supply for power generation in 2023.

On December 4, 2021 in Hanoi held a meeting between the Electricity of Vietnam (EVN) and Vietnam Coal and Mineral Industries Group (Vinacomin) on the situation of coal supply for power production in 2021 and preparing the plan to supply coal for EVN's thermal power plants in 2022.

Electricity of Vietnam (EVN) informed that the electricity generation of the whole system in July 2023 reached 26.20 billion kWh - an increase of 7.1% in comparison with the same period in 2022. The accumulated in the first 7 months of 2023, electricity generation of the whole system reached 160.58 billion kWh - an increase of 1.9% in comparison with the same period in 2022.

According to a report of Vietnam National Coal and Mineral Industries Holding Corporation (Vinacomin), In the first 6 months of 2023, Vinacomin provided over 21.16 million tons of coal for power production, reaching 55% of the plan, up 16% (equivalent to an increase of 3 million tons over the same period in 2022). Vinacomin has been highly appreciated by the Prime Minister in managing production, increasing coal for thermal power plants, and contributing to ensuring electricity supply during peak heat waves.