Vinacomin sets to sell 36 million tonnes of coal in 2018The Vietnam National Coal and Mineral Industries Corporation (Vinacomin) set a goal of selling about 36 million tonnes of coal in 2018, up 2.5 million tonnes compared to 2017. The Vietnam National Coal and Mineral Industries Corporation (Vinacomin) set a goal of selling about 36 million tonnes of coal in 2018, up 2.5 million tonnes compared to 2017The figure was released at a conference to review the group’s business plan and contracts for 2018, which was held on December 25. Vinacomin said it planned to export 1.9 million tonnes of coal next year, an annual increase of 400,000 tonnes, while importing about 500,000 tonnes of coal. Coal inventory was also set to be cut to 8 million tonnes in 2018 from over 10 million this year. It added 13.4 trillion VND (589.6 million USD) to the State budget, an annual growth of 400 billion VND (17.6 million USD).

Source: VietNamNet News December 25, 2017 10:41 UTC