Vietnam produced 3,981.15 thousand tons of coal in December, down 0.17 percent from 3,987.90 thousand tons in November, according to the latest data from the National Statistics Office.
Year to date output reached 45,713.96 thousand tons by the end of December.
Listed coal companies
PetroVietnam Power Corporation
PetroVietnam Power Corporation (POW) operates gas, coal, and hydropower plants supplying electricity to the national grid.
POW closed at VND 12,750 on Tuesday up 0.1 percent with 164,394,000 shares traded, worth VND 211,948 million.
Foreign ownership in POW is currently capped at 50.0 percent, with current foreign ownership sitting at 5.0 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 9,830 on Tuesday down 0.01 percent with 1,464,000 shares traded, worth VND 1,435 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’s coal industry
Vietnam’s coal industry plays a central role in power generation, supporting electricity supply for industry, manufacturing, and households.
Coal is primarily used for thermal power plants and remains an important input despite the country’s energy transition goals.
Domestic coal production is led by state owned enterprises, while imports have increased to meet rising demand.
The sector faces growing pressure from environmental regulations, higher import dependence, and long term plans to reduce coal’s share in the national energy mix.