FILE PHOTO: A worker shovels coal as he loads a truck at a coal port in Hanoi February 23, 2012. REUTERS/Kham
11 May 2022 11:45AM(Updated: 11 May 2022 11:45AM)
HANOI : Vietnam’s state-owned coal miner Vinacomin will boost domestic production to meet rising demand for the fossil fuel amid surging global prices, the Ministry of Industry and Trade said on Wednesday.
The Southeast Asian country, a regional manufacturing powerhouse, earlier this year warned of electricity shortages due to tight coal supplies.
“Domestic demand for coal is at high levels, especially coal for power generation during the hot months of summer,” Vinacomin Chief Executive Officer Dang Thanh Hai said in a statement.
Vinacomin, formally known as Vietnam National Coal-Mineral Industries Corp, produced 14.9 million tonnes of coal in the first four months of this year, up 10 per cent from a year earlier, according to the statement. This accounted for 90 per cent of the country’s total coal output in the period.
The company targets producing 4 million tonnes in May, the ministry added.
Vietnam turned from a net coal exporter to a net importer nearly a decade ago and has been increasingly reliant on imported supplies for its power generation. Indonesia and Australia have been its key suppliers.
Vietnam plans to raise its annual coal imports to 46.5 million tonnes by 2025 and to 123.7 million tonnes by 2045 from 36 million tonnes last year, the ministry said last month.
Its coal imports in the January-April period fell 24.5 per cent year-on-year to 9.4 million tonnes, but the value of those imports more than doubled to $2.39 billion due to rising prices, according to the government’s customs data.
I am an attorney in the Washington DC area, with a Doctor of Law in the US, attended the master program at the National School of Administration of Việt Nam, and graduated from Sài Gòn University Law School. I aso studied philosophy at the School of Letters in Sài Gòn.
I have worked as an anti-trust attorney for Federal Trade Commission and a litigator for a fortune-100 telecom company in Washington DC. I have taught law courses for legal professionals in Việt Nam and still counsel VN government agencies on legal matters. I have founded and managed businesses for me and my family, both law and non-law.
I have published many articles on national newspapers and radio stations in Việt Nam.
In 1989 I was one of the founding members of US-VN Trade Council, working to re-establish US-VN relationship.
Since the early 90's, I have established and managed VNFORUM and VNBIZ forum on VN-related matters; these forums are the subject of a PhD thesis by Dr. Caroline Valverde at UC-Berkeley and her book Transnationalizing Viet Nam.
I translate poetry and my translation of "A Request at Đồng Lộc Cemetery" is now engraved on a stone memorial at Đồng Lộc National Shrine in VN.
I study and teach the Bible and Buddhism. In 2009 I founded and still manage dotchuoinon.com on positive thinking and two other blogs on Buddhism. In 2015 a group of friends and I founded website CVD - Conversations on Vietnam Development (cvdvn.net).
I study the art of leadership with many friends who are religious, business and government leaders from many countries.
In October 2011 Phu Nu Publishing House in Hanoi published my book "Positive Thinking to Change Your Life", in Vietnamese (TƯ DUY TÍCH CỰC Thay Đổi Cuộc Sống).
In December 2013 Phu Nu Publishing House published my book "10 Core Values for Success".
I practice Jiu Jitsu and Tai Chi for health, and play guitar as a hobby, usually accompanying my wife Trần Lê Túy Phượng, aka singer Linh Phượng.
Xem tất cả bài viết bởi Trần Đình Hoành
CVD 