Vietnam hopes for technology transfer in coal mining, processing from Australia

Vietnam hopes to establish long-term stable trade and investment ties with Australia and receive technology in sustainable coal mining and processing from Australia, said Minister of Industry and Trade Nguyen Hong Dien.
Vietnam hopes for technology transfer in coal mining, processing from Australia ảnh 1Minister of Industry and Trade Nguyen Hong Dien. (Photo: moit.gov.vn)
Hanoi (VNA) – Vietnam hopes to establish long-termstable trade and investment ties with Australia and receive technology in sustainablecoal mining and processing from Australia, said Minister of Industry and TradeNguyen Hong Dien.

The minister made the suggestion during an online working sessionon April 5 with Tania Constable, Chief ExecutiveOfficer at Minerals Council of Australia, and leading coaland mineral exporters of Australia.

He also noted that the Governments of the two countries have agreed to set updialogue mechanisms at ministerial level on trade, energy and minerals.

Regarding coal, Minister Dien said Vietnam wants to import from18-25 million tonnes of coal for electricity and fertilizer production in 2022.He asked Australian coal exporters, especially members of the Minerals Council of Australia to increase supply for Vietnam right inApril.

According to Dien, Vietnam’s coal import needs account for less than 5 percentof Australia’s total coal export. Therefore, he believed that Australianexporters are capable of supplying coal of suitable quality for Vietnam’s electricitygeneration.

The minister also asked the Minerals Councilof Australia, the Australian Embassy in Vietnam andministries of Australia to continue coordinating with his ministry to moreeffectively support efforts to connect and building long-term partnership ofleading enterprises in coal and minerals of the two countries.

The CEO of Minerals Council of Australia said Australia isfully capable of supplying coal and minerals for Vietnam.  Sheaffirmed that the council will work closely with the Vietnamese ministry tobolster cooperation between their enterprises in coal supply and technologytransfer in coal and mineral mining.

At the session, the two sides also discussed in details thedemand and regulations on coal and mineral export and import. LeadingAustralian exporters such as BHP, Glencore, Yancoal, Whitehaven Coal, JellinbahGroup engaged in talks with four leading Vietnamese coal importers – Vinacomin,PetroVietnam, Electricity of Vietnam and Dong Bac Corporation – on possibilities of cooperation inthe time ahead./.
VNA

See more

Illustrative image (Photo: tapchitaichinh.vn)

SMEs urged to embrace ESG to unlock green finance

According to the International Finance Corporation’s 2023 Country Climate and Development Report, businesses with clear ESG strategies attract 20–25% more investment than those without ESG strategies.

Farmers in Thoai Son district, An Giang province, harvest the 2025 Winter-Spring rice crop. (Photo: VNA)

A new symbol of responsible production

Vietnamese agricultural products clearing strict technical and quality barriers to reach Japanese dining tables is no longer a rare feat. However, the recent export of 500 tonnes of Japonica rice by Trung An High-Tech Farming JSC in partnership with Japan’s Murase Group carries special significance.

The US dollar at Vietnamese commercial banks has so far this year increased by about 2.6-3% against the dong. (Photo: VNA)

Dollar appreciates in domestic market due to surge in foreign debt repayment

The State Bank of Vietnam (SBV)’s central exchange rate this week even set a new peak, surpassing 25,000 VND per dollar for the first time. The dollar selling price at commercial banks has also remained close to the ceiling, indicating that pressure on the USD/VND exchange rate has not decreased.

From left to right: US Secretary of Commerce Howard Lutnick, Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Ambassador Jamieson Greer, US Trade Representative. (Photo: VNA)

Vietnam, US conclude third round of bilateral trade talks

The two sides also agreed to convene an online working-level meeting in the coming days to continue resolving outstanding issues and prepare for a virtual ministerial dialogue between Vietnamese Minister of Industry and Trade Nguyen Hong Dien and US Secretary of Commerce Howard Lutnick.

Export hub model opens new pathways for Vietnamese goods in Canada (Photo: VNA)

Model helps boost Vietnamese exports to Canada

In 2024, two-way trade between Vietnam and Canada reached over 11 billion USD, with Vietnam enjoying a trade surplus of nearly 10 billion USD. A key contributor to this success has been Vietnamese-Canadian businesses, notably Renso Foods.

The “Ting Ting Day” Festival opens on June 14 in HCM City (Photo: VNA)

Cashless payment festival launched in HCM City

As of 2024, Vietnam had recorded over 204.5 million bank accounts held by individual customers and 154.1 million bank cards in circulation. Nearly 87% of Vietnamese adults now have bank accounts.