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According to information from Vietnam Coal and Mineral Industries Group (Vinacomin): on August 1, 2019, in Hanoi,  took place a working meeting between leaderships of Vinacomin and Xcoal (USA) to specifically discuss about  the prospects of coal import directly from the US to Vietnam and promoting cooperation between Vinacomin and US businesses.

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.

Electricity of Vietnam (EVN) and energy investors in Laos have just signed the memoranda of understanding on the developing Nam Yeuang hydropower project cluster, Nam Neun 1 hydropower project and Nam Phan coal-fired thermal power project (TPP) for selling electricity from Laos to Vietnam in period after 2024.

The Prime Minister has just issued a document to agree with the proposal of the Ministry of Industry and Trade (MOIT) in principle on the ceiling price (maximum price) as 6.95 USCent/kWh for importing wind power from Laos. The average electricity price for the whole life of the project at the time of negotiation agreed between the Electricity of Vietnam (EVN) and investor must be not exceed this ceiling price.

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.

At the conference to review the plans in 2016 of Ministry of Resources and Environment, the Vietnam Geology and Mineral Department informed “At present, there have been identified 55 coal strata placed in 5 stratum groups from the surface to the depth of 1200 meters in mainland part of the Red River coal basin”.

Vietnam National Coal and Minerals Industries Holding Corporation Limited (Vinacomin) speeds up to perfrm the coal export contracts to rapidly release high-quality coal dust and lump coal in stock.

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).

A conference to agree and sign a cooperation agreement between Vietnam National Coal and Mineral Industries Group (Vinacomin), South East Coal Trading Company (SECTC – Dong Bac Corporation) and Electricity of Vietnam (EVN), on long-term coal supply for Thermal power plants using anthracite coal in EVN has just taken place in Hanoi.

From September 9 to 12, 2019, the delegation of Binh Son Petrochemical Joint Stock Company (BSR) led by General Director Bui Minh Tien attended the 35th APPEC Conference in Singapore. This is an opportunity for BSR to contact and discuss with partners to expand opportunities for importing crude oil for Dung Quat Oil Refinery.