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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

Friday, 18 May 18
INDONESIA'S SAMARINDA ANCHORAGE COAL LOADING ACTIVITIES WERE RESUMED YESTERDAY AT 4PM LOCAL TIME
Samarinda Anchorage coal loading activities were resumed yesterday at 4PM local time. Local fishermen in Samarinda Anchorage have been demonst ...


Wednesday, 16 May 18
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
Half-way through the second quarter of the year and as the Posidonia week approaches everyone is getting ready for this unique gathering that besid ...


Thursday, 10 May 18
PRIVATE POWER PRODUCERS NEED A 'POWERFUL PUSH' - PRADEEP MITTAL
- PLF of the Private Sector in the country (Coal and Lignite based) for FY 2017-18 (till Dec 2017) is 56%. - 51 GW of stressed assets (Thermal &a ...


Tuesday, 08 May 18
BUMA SIGNED OVER US$1 BILLION WORTH OF NEW CONTRACT WITH PT INDONESIA PRATAMA
PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, has entered into mining services contracts with PT Indones ...


Monday, 07 May 18
BENCHMARK PRICE OF INDONESIAN THERMAL COAL DROPPED BACK BELOW $90 A TON THIS MONTH
COALspot.com: According to latest ministerial decree No. 1812 K/30/MEM/2018 dated 3 May 2018, the Indonesian Coal Price Reference (HBA) decline 5.5 ...


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