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Vinacomin earns $737m

Update: March, 06/2015 - 08:13

Coal is loaded at Phan Me mine in the northern province of Thai Nguyen. The Viet Nam National Coal and Mineral Industries Group earns total revenue of VND15.7 trillion (US$737 million) in the first two months of this year. — VNA/VNS Photo Trong Dat

HA NOI (VNS) — The Viet Nam National Coal and Mineral Industries Group (Vinacomin) reported total revenue of VND15.7 trillion (US$737 million) during the first two months of 2015, vietnamplus.vn said.

During the period, the group produced 6.4 million tonnes of rough coal, equivalent to 15.7 per cent of the annual target and sold 4.8 million tonnes of coal, achieving 12.7 per cent of its target.

The group aims to produce 40.8 tonnes of coal this year, with consumption expected to be 38 million tonnes. Of the total, coal exports will amount to 3 million tonnes, while 35 million tonnes will be allocated for domestic consumption.

Vinacomin also aims to earn more than VND114 trillion ($5.3 billion) in revenue. — VNS

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