Coal mining industry vows shift towards sustainability
Vietnam will develop a technologically-advanced coal mining industry with high competitiveness moving towards sustainability in the next five years to contribute to ensuring energy security.
Hanoi (VNA) 🐟– Vietnam will develop a technologically-advanced coal mining industry with high competitiveness moving towards sustainability in the next five years to contribute to ensuring energy security.
This is the overall goal of the coal industry’s development planning to 2020, with a vision to 2030, approved by Prime Minister Nguyen Tan Dung earlier last week.
The planning said that advanced technologies will be applied in all processes, from exploration to processing to providing coal for domestic production, and especially coal for electricity production. In addition, all coal mines will meet environmental standards before 2020.
Export of coal will be under a close management in order to gradually reduce export volumes and only certain types of coal, which Vietnam does not have demand for in terms of consumption, will be allowed to be shipped abroad.
This is necessary when Vietnam still has to import coal to make up for the shortage of coal for thermoelectricity production. The shortage is anticipated to become more severe by 2020.
The planning estimated that coal output will reach between 47 million tonnes and 50 million tonnes in 2020, while the country’s total demand for coal is estimated at 86.4 million tonnes, of which 64.1 tonnes will be for electricity production. By 2030, Vietnam will need totally 156.6 million tonnes of coal, while the output is estimated to be between 55 million tonnes and 57 million tonnes.
At a meeting held in November last year, the Vietnam Energy Association said that there will be a shortage of about 12 million tonnes of coal for electricity production in the next five years.
According to the planning, the total coal reserves as of the end of 2015 was estimated at 48.88 billion tonnes, more than 3 billion tonnes of which would be used for the planning to 2020 and come mainly from the Dong Bac (North East) coal basin.
Besides the Dong Bac coal basin, which stretched through Quang Ninh, Bac Giang and Hai Duong provinces, coal reserves are also located in Song Hong (Red River) coal basin which covered Thai Binh, Hung Yen and Nam Dinh provinces, and included six domestic mines and more than 100 small-scale mines.
Expansion of existing mines together with developing new ones will continue till 2030, in order to increase coal output, said the planning.
Despite the Song Hong coal basin’s huge reserves, the basin is still under exploration, which will be very tough and complicated. Between 2020 and 2030, pilot exploitation using new technologies will be carried out at Song Hong basin as a base for the development of mines on an industrial production scale.
The planning estimated that the coal mining industry will need totally 269 trillion VND (12 billion USD) by 2030.-VNA
The Vietnam National Coal-Mineral Industries Group is striving to exploit 2.5 million tonnes of raw coal and sell 3 million tonnes of coal in December in order to fulfil its yearly targets.
Deputy Prime Minister Hoang Trung Hai has asked the coal sector to prioritise coal production for domestic use, thereby ensuring the stability of national energy reserve.
While the amount of ash discharged by coal-fired power plants has increased in Vietnam, the country still lacks guidance and policies to support enterprises in managing this waste, experts said.
Cam Pha port and logistics company, an affiliate of the Vietnam National Coal and Mineral Industries Group, in the northern province of Quang Ninh loaded 33,000 tonnes of coal for two ships on Feb. 8.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Illustrative Image (Source: internet)
