The Vietnam National Coal and Mineral Industries Group (Vinacomin) sold 10.7 million tonnes of coal in the first quarter of this year, of which 4 million tonnes were exported.

The group earned over 24 trillion VND in the first three months, up 6 percent over the same period last year. Of that figure, 14.25 trillion VND came from coal (up 8 percent), 825 billion VND from minerals (up 62 percent), 2.3 trillion VND from electricity (up 52 percent), and 6.66 trillion VND from other fields.

The average monthly income for its workers was 7.5 million VND.

However, the group fulfilled only 23.8 percent of this year's targeted revenues due to low coal prices.

Vinacomin’s sales will continue to face more challenges because of the negative global and domestic economic situation.

The group expects to sell around 10.5-11 million tonnes of coal in the second quarter, including 3 - 3.2 million tonnes for exports. It also plans to meet more than half of its basic targets set for the first half of 2013.-VNA