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In the context when the domestic gas supply is rapidly declined, the new fields have high development costs and the negotiation process of gas prices often lasts, while the demand for gas is increasing etc. It is requires Vietnam Oil and Gas Group to have synchronous solutions to ensure a long-term stable gas supply for the economy and contribute to meeting the goal on energy security of the country.

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.

In the first two months of this year, the coal industry made positive changes. Coal production increased by four percent while consumption reached nearly six million tonnes, positively contributing to completing the industry’s set targets.  

According to the Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin), in the first three months of 2014, crude coal output came to an estimated 10.07 million tonnes, 26.7 percent of the year’s target and 95.92 percent of that in the same period last year. The corporation’s clean coal output was an estimated 8.73 million tonnes, 25.5 percent of the year’s target and 93.3 percent of that in the same period last year.

The Vietnamese coal industry will focus on strengthening the application of scientific and technological advances in production to increase labor productivity, reduce costs, and ensure worker safety in order to drive towards sustainable development.

The Prime Minister (PM) has just approved the project “Adjusting the development planning of the coal industry in 2016 – 2020 period with outlook up to 2030” in which, the PM decided to adjust the list of some infrastructure projects; supplement the list and closed corner boundary coordinates of the projects for maintaining coal production.

At November 11 evening, in Ha Long city Quang Ninh Provincial Administration, Vinacomin and Northeast Coal Corporation held the 80th Anniversary of  Traditional Day of Miners - Traditional Day of Coal Industry (12/11/1936 – 12/11/2016). Chairman of National Assembly (NA), Mrs. Nguyen Thi Kim Ngan attended and spoke at the ceremony.

The Prime Minister has just approved the adjustment project of Vietnam Coal industry development planning to 2020 and prospect till 2030.

In orientation of coal industry restructure 2016-2020 period Vietnam National Coal - Minerals Industries Holding Corporation Limited (Vinacomin) would retain only 4 major  business sectors as coal, minerals, electricity and industrial explosives.

Considered a highly polluting manufacturing industry, coal enterprises strive to implement environmental protection solutions towards sustainable development.

On Aug 31, 2016, the Ministry of Industry and Trade (MoIT) announced the adjustment project for Vietnam Coal Industry Development Planning to 2020 with the perspective up to 2030.

To resolve in stock coal of Vinacomin, after balancing the domestic coal demand, the Ministry of Industry and Trade (MoIT) has petitioned the Government for  allowance to export coal.

The Prime Minister agreed with the suggestions of the Ministry of Industry and Trade on adjusting and supplementing a number of urgent projects for meeting the maximum demand in the country, especially for power generation to the Coal industry development planning in  Vietnam until 2020 with prospect up to 2030 approved in Decision No. 60 / QD-TTg dated on Jan 9th, 2012.

On the morning of October 26, at the Parliamentary Meeting on the socio-economic situation, Mr. Le Minh Chuan, the Secretary of Party Committee, Chairman of Vietnam National Coal and Mineral Industries Corporation (Vinacomin), a delegate of the National Assembly of Quang Ninh province had a speech on analysis of the role of the coal sector with the subject "The role of the coal for the security of the national energy" and proposed the four issues needed to be to be urgently solved for helping development of the coal industry.

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.