Embassy of Viet Nam in Beijing

Ambassador : H.E.Mr.Nguyen Van Tho,
Full name: Socialist Republic of Vietnam
Population: 89 million (UN, 2010)
Capital: Hanoi
Largest city: Ho Chi Minh City
Area: 329,247 sq km (127,123 sq miles)
Major language: Vietnamese
Major religion: Buddhism
Life expectancy: 73 years (men), 77 years (women) (UN)
Monetary unit: 1 dong = 100 xu
Main exports: Petroleum, rice, coffee, clothing, fish
GNI per capita: US $2,760 (World Bank, 2010)
Internet domain: .vn
International dialling code: +84

Vietnam urged to raise price of coal 2012-02-17

 

 

Vietnam urged to raise price of coal

According to Mr Le Minh Chuan Vinacomin managing director, Viet Nam Coal and Mineral Industries Holding Corp Ltd plans to urge the Government to increase the price coal fired power plants pay for coal. Coal production costs were at about VND 1 million per tonne while selling prices to power plants are only VND 600,000 per tonne.

Chuan said it was difficult for Vinacomin to balance its capital for reinvestment with the current prices. Vinacomin has planned to export around 13.5 million tonnes of coal this year at an average price of USD 100 per tonne.

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