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As many as fourteen leading Australian mining equipment and technology services (METS) companies are visiting Vietnam from 9-13 March to attend the 2nd Mining Vietnam Exhibition and Conference in Hanoi and explore business and collaboration opportunities.

Mining Vietnam 2014 Exhibition take place in Hanoi from 11th-13th, 2014 in the form of exhibition and conference. At this event, Siemens presents state-of-the-art technologies for mining industry.

The remaining coal resources of Vietnam are forecasted to be quite large, but not large explorative reserves, especially since the mining conditions are increasingly difficult, increasing the costs, which makes it difficult to compete with imported coal sources. As there is no State clear mechanism and policy for coal import, that leads to difficulties for enterprises to deploy coal import, as well as invest in coal mining abroad.

Vietnamese Government has issued new Decree on Environmental Protective Fees (EPFs) in mining minerals, according to which the EPF for: crude oil is 100,000 dong/ton, natural and coal gases -  50 dong/m3, associated gas – 35 dong/m3.

On November 19th, Mao Khe Coal Company held a Groundbreaking Ceremony of pair of vertical sharps - Underground mining project below minus 150, Mao Khe mine.

Vietnam National Coal and Mineral Industries Holding Corporation (Vinacomin) and BECKER - WARKOP SP.ZO.O (Poland) have signed a Memorandum of Understanding (MoU) to strengthen applying science and technology to the synchronous implementation in mechanizing pit coal mining.

Recently, the contract on developing Khe Cham II – IV coal pit mining project – a main point project of Vinancomin was signed between Ha Long Coal Company and China Coal Construction No.3 Co.Ltd.

The Leadership of Vietnam National Coal - Mineral Industries Holding Corporation (Vinacomin) has directed to maintain coal inventory level at 10 % of the total mining generation in order to supply coal amount for domestic power thermal plants with a certain reserve margin to contribute in guaranteeing the national energy security.

Prime Minister (PM) Nguyen Xuan Phuc has agreed as a policy equitization of power generation corporations (Gencos) under EVN, PVN and Vinacomin. By 2018, the groups are still in charge and holding dominant shares of equitized Gencos.

Ministry of Industry and Trade (MOIT) affirms, the National Power System  satisfies sufficiently electricity for socio-economic needs.

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.

At the power generation facility, usually the switches and cabling system installed may have to withstand possibly destructive effects of extreme temperatures, humidity or moisture, dust, mud, oil and solvents, corrosive chemicals, abrasion, vibration, and ultraviolet radiation from strong sunlight.

In the first eight months of 2021, gas demand for power generation declined due to the impact of the Covid-19 pandemic that negatively affected state budget revenues and the economy, as well as implementation of the national energy strategy.

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. 

Deputy Minister of Industry and Trade Cao Quoc Hung has signed a decision on the equitization of Power Generation Corporation (Genco 3).