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Saturday, 23 June 18
COAL GROUP TARGETS 9 PER CENT REVENUE SPIKE - VIET NAM NEWS
Coal ExcavatorViet Nam News reported, the Viet Nam National Coal and Mineral Industries Group (Vinacomin or TKV) is targeting VNĐ116.9 trillion (US$5.1 billion) in revenues in 2018, up 9.3 per cent year-on-year.
 
It also plans to contribute VNĐ14.5 trillion to the State Budget, up VNĐ900 billion compared to its annual target.
 
In the first six months of this year, the group’s coal production reached 20.27 million tonnes, reaching 57 per cent of its yearly target. Coal consumption touched 21.6 million tonnes, equivalent to 60 per cent of the year’s target, of which 20.7 million tonnes were consumed domestically while 900,000 tonnes were exported.
 
Alumina production reached 660,000 tonnes, meeting 54 per cent of the annual target. Electrical production hit 5.1 billion kWh, representing 55 per cent of the target for the year.
 
The group’s total revenue and profit in six months were estimated at VNĐ62.6 trillion and VNĐ1.5 trillion, respectively.
 
Average salary stood at VNĐ10.2 million per person per month, equivalent to 103.6 per cent of the target for the year and up by 12 per cent compared to the same period last year.
Source: Viet Nam News


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Recent News

Saturday, 16 February 19
COALTRANS CHINA 2019, CHINA'S LARGEST COAL INDUSTRY GATHERING
Press Release: Coaltrans China 2019 | With the import ban likely to be lifted, it’s time for you to meet your potentia ...


Wednesday, 13 February 19
MALAYSIA WAS THE REGION'S LARGEST COAL IMPORTER WITH 34 MT IN 2018, UP 25% Y-O-Y
Although coal market in 2018 started with strong prices, starting in the beginning of the second half of 2018, the international spot prices for co ...


Wednesday, 13 February 19
SHIPPING MARKET INSIGHT - INTERMODAL
If there is one word that can describe the current shipping environment then that this word is most probably “volatility.” The sentimen ...


Saturday, 09 February 19
SUPRAMAX: A 63,000-TONNER WAS REPORTED FIXED DELIVERY FOR AN EAST KALIMANTAN TRIP, REDELIVERY WEST COAST INDIA, AT $9,250 - THE BALTIC BRIEFING
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Friday, 08 February 19
LOWER-QUALITY INDONESIA EXPORTS ROSE 39 MT IN 2018 YOY PRIMARILY IN RESPONSE TO INCREASED DEMAND FROM CHINA AND INDIA - PEABODY
"Underlying seaborne met and thermal coal conditions remain quite positive and the pace of U.S. coal-fueled power plant retirements is expecte ...


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