Vietnam Electricity tops country’s debtor list with $9.7bn in liabilities

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Báo Tuổi Trẻ English 1 month(s) ago 1 related news

Vietnam Electricity, the country’s power monopoly, has been crowned a ‘champion title’ it can hardly take pride in – the biggest debtor among all state-run Vietnamese enterprises.

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Vietnam’s coal giant cries for help as unsold stock nears 10mn tons

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Báo Tuổi Trẻ English 1 month(s) ago 1 related news

Vietnam’s biggest coal and mineral enterprise has called on the government to offer preferential treatment to clear its massive unsold inventory, but was told to find thorough solutions to its own problems instead of crying for help.

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Sell coal stockpile, cut rates: PM to Vinacomin

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Báo Đầu Tư English 1 month(s) ago

The Việt Nam National Coal Mineral Industries Group (Vinacomin) must cut costs to become competitive and find buyers for its stockpile of 9.3 million tonnes of coal, the Prime Minister Nguyễn Xuân Phúc’s working group said.

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Industrial skid marks a four-year low

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Báo Đầu Tư English 3 month(s) ago

A sharp decrease in the mineral sector and lower growth in many industrial sectors were the major contributors to a four-year-low in industrial production growth in the year’s first four months.

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Vinacomin’s bauxite-alumina project records $162 million loss

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Báo Đầu Tư English 4 month(s) ago

The Tan Rai bauxite-alumina complex in Lam Dong, invested by Vietnam National Coal and Mineral Industries Group (Vinacomin), has been suffering huge losses since its start of operations.

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Developer remains upbeat as Vietnam’s bauxite project logs $165mn loss

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Báo Tuổi Trẻ English 4 month(s) ago

A bauxite megaproject in Vietnam’s Central Highlands has been making losses totaling VND3,696 billion (US$165 million) in the last three years, but the developer is unconcerned, believing that it will start generating profits in 2017.

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Vinacomin’s two grave missteps

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Báo Đầu Tư English 5 month(s) ago

Vietnam National Coal and Mineral Industries Group (Vinacomin) has invested millions of dollar into two alumina plants in Vietnam. However, these plants seem to be failing expectations.

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Vinacomin announces financial reports of 2016

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Báo Dân Trí English 5 month(s) ago

Vietnam National Coal and Mineral Industries Group (Vinacomin) has published a report about the coal mining projects and headquarter constructions.

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EVN maintains monopoly on power distribution and retail trade

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Báo Dân Trí English 6 month(s) ago

The Electricity of Vietnam (EVN) will continue to hold a monopoly on power distribution and retail sale through the management and control of power distribution and retail trade companies in the form of one-member limited liability companies.

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President launches 2017 Tree Planting Festival

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Báo điện tử CP English 6 month(s) ago

VGP – State President Tran Dai Quang beat the drum to launch the 2017 Tree Planting Festival in the northern province of Quang Ninh on the morning of February 2.

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Illegal coal mining threatens hundreds of households in Quang Ninh

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Báo Dân Trí English 6 month(s) ago

Life of more than 1,000 families in Cao Xanh Ward in Ha Long City are being threatened by illegal coal mining which has destroyed their houses.

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PM approves Vinacomin’s five-year development plan

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Báo điện tử CP English 6 month(s) ago

VGP – The Viet Nam National Coal and Mineral Industries Group (Vinacomin) will be developed into a strong economic corporation, contributing to ensuring national energy security, and will have its competitiveness strengthened on the basis of making optimal use of existing resources, with a focus on the major areas, including the industries of coal, minerals, power, mine engineering and chemicals.

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Deputy PM underlines environmental safety at alumina plant

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Báo Dân Trí English 6 month(s) ago

Environmental protection and community health must be given priority during the operation of the Nhan Co alumina plant in the Central Highland province of Dak Nong, Deputy Prime Minister Trinh Dinh Dung said.

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Vinacomin urged to strengthen

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Báo Đầu Tư English 7 month(s) ago

The Viet Nam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) should have a suitable structure to develop its members to become a strong economic group, said Deputy Prime Minister Trinh Dinh Dung.

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$311m needed for iron ore mine

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Báo Đầu Tư English 8 month(s) ago

Around VNĐ7 trillion (US$311 million) has to be mobilised to restart work on the iron ore project in central Hà Tĩnh Province, a Ministry of Industry and Trade official said.

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