The Vietnam National Coal and Mineral Industries Group (Vinacomin) sold
10.7 million tonnes of coal in the first quarter of this year, of which 4
million tonnes were exported.
The group earned over
24 trillion VND in the first three months, up 6 percent over the same
period last year. Of that figure, 14.25 trillion VND came from coal (up 8
percent), 825 billion VND from minerals (up 62 percent), 2.3 trillion
VND from electricity (up 52 percent), and 6.66 trillion VND from other
fields.
The average monthly income for its workers was 7.5 million VND.
However, the group fulfilled only 23.8 percent of this year’s targeted revenues due to low coal prices.
Vinacomin’s sales will continue to face more challenges because of the negative global and domestic economic situation.
The
group expects to sell around 10.5-11 million tonnes of coal in the
second quarter, including 3 – 3.2 million tonnes for exports. It also
plans to meet more than half of its basic targets set for the first half
of 2013.-VNA