RSS

Vinacomin: Overcoming difficulties in 2015

Vinacomin: Overcoming difficulties in 2015 - 

2015 is a difficult year for Vinacomin. However, by promoting the tradition "Discipline and unity", and concentrating at highest level on coal production and business, Vinacomin has surmounted all difficulties and challenges to implement its objectives.

The essential production targets have been basically achieved as the plan proposal including coal production over 37.2 million tonnes, coal consumption is about 35.5 million tonnes. Total revenue about VND105,494 billion, contribution to the State budget VND53,600 billion.

2016 is forecast to be a difficult year. Vinacomin targets to produce 39.87 million tonnes of coal, sell 38 million tonnes of coal, and earn VND110,016 billion this year.

Vinacomin targets its growth rate in total revenues for period 2015-2020 at 6.8 per cent/year, development investment of VND20-30 trillion/year, value increase at 5 per cent/year, labour productivity increase at 4-5 per cent/year, and income per worker increase at 3.5 per cent/year.

The main products in the 5 years from 2016 to 2020 are: coal sales 200.5 million tonnes; imported coal to supply for domestic market from 40 to 50 million tonnes.

Electricity production is targeted at 51,640 million kWh with a total capacity of 2,880 MW by 2020.

Source: Vinacomin

Leave your comment on this story