Vietnam’s coal mining sector has seen a marked decline in output, according to the latest data from Vietnam’s Industrial Production Index. In September 2024, the index for the mining of hard coal and lignite fell by 9.3 percent compared to August, indicating a sharp monthly slowdown in coal production. Year-on-year, the index recorded an even larger decrease of 10.0 percent compared to September 2023, highlighting an ongoing trend of reduced coal mining activity in the country.
Furthermore, for the period from January to September 2024, production in the coal mining sector was down by 4.2 percent from the same period last year. It’s not clear what is driving this decline, however, it is inline with a contraction in production in Vietnam’s mining industry more broadly.
See also: Vietnam’s Coal Power Industry: Overview