Coal imports Vietnam, down 23.98 percent in November, Australia / Indonesia top suppliers

Vietnam imported coal to the tune of US$378 million in November, down from US$498 million in October, a change of -23.98 percent, according to preliminary data from Vietnam’s General Department of Customs.

Year to date, Vietnam had imported US$6,052 million worth of coal by the end of November.

Bar chart of Vietnam coal imports, 2025, US$millions.

Australia accounted for US$148 million worth of Vietnam’s coal imports in November. This was down from US$252 million in coal imports in October, a change of 41.39 percent. Year to date, Australia has shipped US$2,444 million worth of coal to Vietnam.

After Australia was Indonesia making up US$126 million worth of Vietnam’s coal imports in November. This was down from US$143 million in coal imports in October, a change of 11.90 percent. Year to date, Indonesia has shipped US$1,884 million worth of coal to Vietnam.

Next was Russia contributing US$63 million worth of Vietnam’s coal imports in November. This was down from US$72 million in coal imports in October, a change of 12.00 percent. Year to date, Russia has shipped US$779 million worth of coal to Vietnam.

Pie chart of Vietnam coal imports, November 2025 by country.

Following Russia was Laos representing US$3 million worth of Vietnam’s coal imports in November. This was up from US$2 million in coal imports in October, a change of 86.84 percent. Year to date, Laos has shipped US$140 million worth of coal to Vietnam.

Rounding out the top five was China constituting US$2 million worth of Vietnam’s coal imports in November. This was down from US$13 million in coal imports in October, a change of 82.50 percent. Year to date, China has shipped US$79 million worth of coal to Vietnam.

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Vietnam imports of coal in November, US$m

NovemberOctoberMoMYTD
Total378.32497.66-23.98%6,052.22
Other35.5315.74125.72%725.64
Australia147.82252.20-41.39%2,444.04
Indonesia126.14143.18-11.90%1,884.41
Russia63.1771.79-12.00%779.48
Laos3.401.8286.84%139.52
China2.2612.92-82.50%78.82
Japan0.000.02-100.00%0.08
Malaysia0.000.000.00%0.23

Vietnam coal production

Vietnam produced 4,426.75 thousand tons of coal in November, up 16.50 percent from 3,799.89 thousand tons in October, according to the latest data from the National Statistics Office.

Over the first ten months of the year, output reached 42,171.66 thousand tons.

View the full report on Vietnam coal production in November→

Bar chart Vietnam coal production in 2025

Listed coal companies

These companies are listed on the Ho Chi Minh City Stock Exchange.

PetroVietnam Power Corporation

PetroVietnam Power Corporation (POW) operates gas, coal, and hydropower plants supplying electricity to the national grid.

POW closed at VND 12,300 on Thursday down 0 percent with 21,072,000 shares traded, worth VND 25,845 million.

Foreign ownership in POW is currently capped at 50.0 percent, with current foreign ownership sitting at 4.2 percent.

Pha Lai Thermal Power JSC

Pha Lai Thermal Power JSC (PPC) operates coal-fired power plants generating electricity for northern Vietnam.

PPC closed at VND 9,850 on Thursday down 0 percent with 1,755,000 shares traded, worth VND 1,723 million.

Foreign ownership in PPC is currently capped at 49.0 percent, with current foreign ownership sitting at 4.5 percent.

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Vietnam coal news

Recent developments include:

Coal mining policy reform

Vietnam’s Ministry of Finance has proposed a special mechanism for the Vietnam National Coal and Mineral Industries Group (TKV) to resolve procurement barriers that currently hinder underground mine development.

Under existing rules, many technically capable TKV units cannot bid for tunnelling work because they share the same legal entity, even though domestic contractors outside TKV largely lack the capacity to perform these specialised tasks.

The draft decree would allow TKV to mobilise its in-house units directly, giving the group flexibility to allocate skilled labour, equipment and technology to maintain production schedules and safety standards.

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Vietnam’s coal industry

Vietnam’s coal industry plays a central role in the country’s energy system, supplying fuel for power generation and key industrial sectors.

The industry is dominated by state-owned enterprises that manage mining, processing and distribution across multiple regions.

Investment in modern mining equipment, improved safety standards and sustainable production practices is becoming increasingly important for long-term sector stability.

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