Vietnam produced 4,142.45 thousand tons of coal in February, up 42.27 percent from 2,911.74 thousand tons in January, according to the latest data from the National Statistics Office.
Year to date output reached 7,054.19 thousand tons by the end of February.
Listed coal companies
Key coal firms listed on the Vietnam stock exchange include:
PetroVietnam Power Corporation (POW)
PetroVietnam Power Corporation (POW) operates gas, coal, and hydropower plants supplying electricity to the national grid. (POW)
In February, POW shares moved from 13.75 to 14.50, a change of 0.75 (0.05 percent).
Foreign ownership moved from 12,497,336.62 to 12,556,950.91, a change of 59,614.29 (0.00 percent).
Pha Lai Thermal Power JSC (PPC)
Pha Lai Thermal Power JSC (PPC) operates coal-fired power plants generating electricity for northern Vietnam. (PPC)
In February, PPC shares moved from 10.05 to 10.10, a change of 0.05 (0.00 percent).
Foreign ownership moved from 1,450,608.76 to 1,449,946.22, a change of -662.54 (0.00 percent).
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Vietnam coal industry news
Recent developments involving the two countries include:
Coal phase-out plans
Vietnam will phase out coal-fired power plants older than 40 years under its updated Just Energy Transition Partnership roadmap, unless they can convert to hydrogen or green ammonia.
The plan confirms no new coal plants will be built after 2030 and reinforces decarbonisation targets. Read more→
Coal imports in February
Vietnam imported coal to the tune of US$539 million in February, down from US$669 million in January, a change of -19.52 percent, according to preliminary data from Vietnam’s General Department of Customs. Read more→
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Vietnam’s coal industry
Vietnam’s coal industry remains a core component of the country’s energy mix, supplying a large share of fuel for thermal power generation.
Domestic production is led by state-owned Vietnam National Coal and Mineral Industries Group, with output supplemented by imports as demand continues to outpace local supply.
Coal consumption has risen steadily alongside industrialisation and electricity demand, particularly from manufacturing and heavy industry.
Imports, mainly from Indonesia and Australia, now play a critical role in meeting shortfalls in both volume and coal quality.
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The data
TABLE: Vietnam coal production in 2026
| Unit | February | January | MoM | YTD | Feb 26 / 25 | YTD 26 / 25 | |
| coal | tonnes / 000s | 4,142.45 | 2,911.74 | 42.27% | 7,054.19 | -28.55 | -6.13 |