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The Ministry of Planning and Investment’s Foreign Investment Agency Director Do Nhat Hoang said that Vietnam would focus on attracting high-quality FDI projects.

“Three groups need to develop their key roles in energy development and national energy security,” Minister of Industry and Trade Vu Huy Hoang told a recent conference to review one year of implementing the Strategic Cooperation Partnership between the Vietnam Electricity Group (EVN), the Vietnam National Gas and Oil Group (PVN) and the Vietnam National Coal and Mineral Industries Group (TKV).

According to the World Bank (WB)’s assessment, Vietnam has achieved the highest rural electrification rate in the world as a developing country.

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.

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.