Business

Vinacomin records highest growth in industrial sector in nine months

The Vietnam National Coal and Mineral Industries Holding Corporation Limited (Vinacomin) recorded a high growth of 14 percent in the first nine months of 2019, the highest level in the industrial sector.
Vinacomin records highest growth in industrial sector in nine months ảnh 1As of the end of September, Vinacomin produced 30 million tonnes of coal, up 2.1 million tonnes compared to the same period last year. (Illustrative image. Source: VNA)

Hanoi (VNA) – The Vietnam NationalCoal and Mineral Industries Holding Corporation Limited (Vinacomin) recorded ahigh growth of 14 percent in the first nine months of 2019, the highest levelin the industrial sector.

As of the end of September, Vinacomin produced30 million tonnes of coal, up 2.1 million tonnes compared to the same periodlast year.

The group sold 33.41 million tonnes of coal, ayear-on-year rise of 8 percent, and provided 26.48 million tonnes of coal forthermal power plants, up 23 percent.

Its revenue surpassed 98.4 trillion VND (4.2billion USD) in January-September, up 17 percent year-on-year.

This year, Vinacomin sets a goal of producing 40million tonnes of coal and selling 42 million tonnes of coal.

The group strives to rake in 130 trillion VND(5.6 billion USD) in revenue and contributed 17.8 trillion VND to the Statebudget./.
VNA
#Vietnam National Coal and Mineral Industries Holding Corporation Limited (Vinacomin) #nine months #industrial sector #thermal power plants #State budget #Vietnamplus #Vietnam News Agency
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