Vinacomin completes 26 percent of annual production plan in Q1
The Vietnam National Coal and Mineral Industries Group (Vinacomin) had fulfilled 24-26 percent of its annual production plan as of the end of the first quarter despite the adverse impact of COVID-19.
Hanoi (VNA) - The Vietnam National Coal and Mineral Industries Group (Vinacomin)had fulfilled 24-26 percent of its annual production plan as of the end of the firstquarter despite the adverse impact of COVID-19.
It produced 9.78 million tonnes of coal during the quarter, with 10.3 million tonnes sold.
The group’s aluminum production topped 355,751 tonnes, while electricityoutput totalled 2.47 billion kWh in the period.
Revenue in the first quarter was estimated at more than 28.5 trillion VND (1.23billion USD), with 4.8 trillion VND contributed to the State Budget.
Despite the formidable challenges posed by COVID-19, the group ensured stable employmentfor over 96,000 workers, each of whom earned an average of 12.2 million VND permonth.
Regarding upcoming missions, Vinacomin General Director Dang Thanh Hai ordered member units to strictly follow the Government and ministries’ COVID-19 measures andpromote business and production activities in the new normal.
They should keep a close watch on thermal power plant demand for coal tooutline coal production plans, and pay due regard to processing high-qualitylump coal and coal dust to increase market share.
Hai also asked Vinacomin’s members to ensure workplace safety and social order.
In April, Vinacomin targets producing 3.5 million tonnes of coal, 112,000tonnes of aluminium, and 970 million kWh of electricity./.
The Vietnam Report JSC and VietNamNet e-newspaper announced the 500 largest enterprises in Vietnam (VNR500) in 2020 at a ceremony in Hanoi on November 10.
The Vietnam National Coal - Mineral Industries Holding Corporation (Vinacomin) plans to reduce its coal imports in 2021 to 1.4 million tonnes, heard a conference on January 5.
The Vietnam National Coal - Mineral Industries Holding Corporation Limited (Vinacomin) is speeding up investments in key projects to ensure the corporation’s sustainable development in 2021.
As mining activities are seasonal and affected by the weather, revenue and profit of coal mining businesses have fluctuated continuously over the past 10 years.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
Coal exploitation - Illustrative image (Photo: VNA) 
