Coal imports reduce in 7 months y-o-y
Việt Nam imported 7.9 million tonnes of coal worth US$810 million in the first seven months of the year. The imports represented a 5.1 per cent decrease in terms of quantity and a 49.2 per cent increase in term of value compared the same period last ...
Vietnam News Staff
Banpu stays afloat despite Chinese floods
SET-listed coal miner Banpu Plc says massive flooding in China that killed dozens of people and destroyed major transport systems had had no adverse effects on the company’s operations in the country.Keep reading ...
Locals worried by huge cracks near coal mines in Thibaw
People living in Nam Ma village tract in Thibaw township, northern Shan State, are worried about large cracks in the earth that opened up recently in the area where a coal mine has been operating since 2004. On June 23, more than 600 people and 15 ...
Gov’t: public should be consulted on coal power
The government is currently streamlining its policy for the power sector to ensure the country’s energy security and coal can be one of the options, according to Daw Mi Mi Khaing, director general of Department of Electric Power Planning under the Ministry of Electricity and ...
Asia and the fall of coal
The sudden shift, years ahead of schedule, from coal toward renewables is remaking Asia’s energy economy – with repercussions to be felt across the world. The present – and future – does not look good for what, only a few years ago, seemed like a ...
No more coal mining licences due to harmful health effects, says union minister
The government will stop issuing new coal mining licences due to the substance’s harmful effects on health, said U Ohn Win, Union Minister for Natural Resources and Environmental Conservation. He also said factories which violate regulations in the burning of coal will be shut down. ...
Record trade surplus for Australia
Australia boasted its biggest trade surplus on record in December as surging commodity prices showered the resource-rich nation in cash, a windfall that could lessen the risk of a downgrade to its triple A credit ratings. Yesterday’s data from the Australian Bureau of Statistics showed ...
World Bank loans support high-carbon development in Indonesia: report
Despite their stated aim of boosting low-carbon growth, World Bank policy loans to countries like Indonesia are creating subsidies for coal, gas and oil projects, according to a report released today by the nonprofit Bank Information Center. At the same time, these policy programs undercut ...
Coal piles up as VN firms prefer imports
According to statistics from the General Customs Department, as of December 15 Viet Nam had imported a total 13 million tonnes of coal worth US$860 million during the year, more than four times the targeted 3 million tonnes. Why did coal purchases increase so sharply? ...
Will coal shares bounce back?
The strong increase in coal prices has rekindled hopes for Vietnam’s miners and securities investors after a period of disappointment. After eight years of decline, the coal price began recovering in early 2016. Analysts commented that the coal price has been witnessing the strongest recovery compared ...
