Vietnam produced 3,916.25 thousand tons of coal in January, up 0.90 percent from 3,881.18 thousand tons in December, according to the latest data from the National Statistics Office.
Year-to-date output reached 3,916.25 thousand tons by the end of January.
Listed coal companies
Key Coal firms listed on the Vietnam stock exchange include:
PetroVietnam Power Corporation
PetroVietnam Power Corporation (POW) operates gas, coal, and hydropower plants supplying electricity to the national grid.
POW closed at VND 13,500 on Friday down 0.7 percent with 213,887,000 shares traded, worth VND 294,284 million.
Foreign ownership in POW is currently capped at 59.5 percent, with current foreign ownership sitting at 5.9 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 10,100 on Friday down 0.05 percent with 2,964,000 shares traded, worth VND 3,002 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 industry news
Power plant delays
Vietnam is weighing whether to proceed with or terminate the 1,980 megawatt BOT Vinh Tan 3 coal-fired power plant, which remains stalled despite inclusion in the adjusted Power Development Plan VIII.
The project in Lam Dong province has cleared all land compensation, with about 56 hectares allocated for the plant and nearly 59 hectares for ash disposal, but construction has not begun.
The BOT Vinh Tan 3 thermal power project traces back to April 15, 2009, when Vinh Tan 3 Energy Joint Stock Company was first issued its business registration and tax certificate.
Coal power revenue Lam Dong
Lam Dong province has asked the Ministry of Industry and Trade to maximise electricity output at the Vinh Tan Power Centre to support budget revenue and target GRDP growth above 10 percent.
The centre’s four coal-fired plants, with total capacity of 4,284 megawatts, produced 22,537 million kilowatt-hours in 2025, 17.54 percent below the assigned plan.
Authorities cited low dispatch levels, priority for renewable energy, reduced contracted output and maintenance schedules, and urged higher utilisation and revised power allocation plans.
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Vietnam’s coal industry
Vietnam’s coal industry is centred on domestic production for power generation, industrial use, and energy security, with state-owned enterprises playing a dominant role.
In recent years, Vietnam has increasingly relied on coal imports to meet rising electricity demand, even as long-term policy signals a gradual shift toward cleaner energy sources and reduced coal dependence.