The Vietnam National Coal-Mineral Industries Holding Corp. Ltd. (Vinacomin) has set to sell 49 million metric tons (mt) of coal in 2020, a year-on-year surge of 10%, according to Vinacomin Deputy Director General Nguyen Hoang Trung.
He said the corporation expects to gain 138 trillion VND (5.95 billion USD) in total revenue, compared to the 131.5 trillion VND recorded in 2019.
This year, the company will produce the same as last year, and import around 10.2 million mt. As a result, coal production last year totaled 40.5 million mt, while coal sales reached 44 million mt.
