Vietnam State coal miner to boost output to battle power shortage
HANOI - Vietnam's state coal miner Vinacomin will boost production by 15% this year to supply the power sector, state media reported on Wednesday, as the country battles electricity shortages amid high temperatures.
The company, formally known as Vietnam National Coal - Minerals Industries Corp, will produce 39.7 million tonnes of the fossil fuel this year, Vietnam News Agency reported, citing its CEO Dang Thanh Hai.
The Southeast Asian country, a regional manufacturing hub, has conducted rolling blackouts at industrial parks and residential areas in recent weeks, which exposed its structural and bureaucratic problems.
Coal-fired power plants remain the largest source of power for Vietnam. In the past two weeks alone, they accounted for more than half of its electricity output.
Vietnam's coal imports in the first five months of this year rose 39.9% from a year earlier to 17 million tonnes, according to government customs data.
Vietnam aims to stop building new coal-fired power plants after 2030, and stop using coal for power generation after 2050, and the surge in coal use is expected to be a temporary setback in its ambitions to cut carbon emissions.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation