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Tag: coal

Vietnam’s coal exports decline in October, year-to-date figures remain under pressure

The decline in value both for October and year-to-date underscores challenges in the coal sector, including fluctuating global prices and demand shifts toward cleaner energy sources. While volume stability offers some optimism, addressing value declines will be critical for sustaining the sector’s contribution to Vietnam’s exports if that is indeed something Vietnam wants to continue…

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Vietnam coal imports see big fall in September

Of note, Indonesia and Australia were the primary coal suppliers. Imports from Indonesia rose 21.79 percent in volume to 1,843,809 tons, with a value increase of 12.22 percent to US$150.73 million. However, imports from Australia sharply declined by 48.78 percent to 968,088 tons in September, with a value drop of 52.47 percent.

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Vietnam’s Coal Power Industry: Overview 2024

While coal remains a significant part of the current energy mix, providing over half of the nation’s electricity, the government is under increasing pressure to transition towards cleaner energy sources. This has led to a more cautious approach in approving new coal projects and a greater focus on improving the efficiency and environmental performance of existing plants.

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