No more blackouts, PM orders after consumer outcry

No more blackouts, PM orders after consumer outcry

Prime Minister Pham Minh Chinh has asked relevant agencies, localities and state-owned utilities to ensure there is no repetition of this year’s early summer blackouts.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

China Rare Earth Group seeks cooperation opportunities in Vietnam

China Rare Earth Group seeks cooperation opportunities in Vietnam

State-owned China Rare Earth Group Co. is eyeing cooperation opportunities with Vietnam's mining giant Vinacomin, said the former's deputy general manager Hu Guhua.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Owner of largest rare earth mine in Vietnam posts zero profit in 2022

Owner of largest rare earth mine in Vietnam posts zero profit in 2022

Lai Chau-Vimico Rare Earth JSC (Lavreco) recorded revenue of only VND240 million ($9,800) with zero profit after tax in 2022, even though it owns the largest rare earth mine in Vietnam, Dong Pao, in the northwestern province of Lai Chau.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Coal mine collapse kills four in northern Vietnam

Coal mine collapse kills four in northern Vietnam

Four workers were killed in a coal mine collapse on Saturday in Quang Ninh province, Vietnam's coal mining hub.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam PM orders drastic action to ensure power supplies

Vietnam PM orders drastic action to ensure power supplies

Prime Minister Pham Minh Chinh has requested urgent measures to ensure power supplies during the upcoming dry season and beyond.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

State giants reap record profits in 2022

State giants reap record profits in 2022

A number of Vietnamese state-run giants have announced record revenues and profits in 2022, despite the global economic downturn.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

State mining giant Vinacomin records $345 mln profit in 2022

State mining giant Vinacomin records $345 mln profit in 2022

Mining group Vinacomin reported a profit of VND8,100 billion ($345 million) in 2022, exceeding its target by 56% and up 154% year-on-year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam Electricity thermal power plants face coal shortage

Vietnam Electricity thermal power plants face coal shortage

Thermal power plants run by state utility Vietnam Electricity (EVN) are expected to receive 17.98 million tons of coal in 2023, but that will leave a shortfall of about 1.5 million tons.

Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7

Prime Minister disciplines mining group chairman

Prime Minister disciplines mining group chairman

Le Minh Chuan, chairman of the state-run Vietnam Coal and Minerals Group (Vinacomin), was disciplined by the Prime Minister Tuesday for violations in his performance of duties.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

State mining group leaders disciplined

State mining group leaders disciplined

The chairman, general director, and two deputy general directors of Vietnam Coal and Minerals Group (Vinacomin) were disciplined on Wednesday for violating regulations on management and exploitation of coal.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thach Khe iron mine project must be scrapped: experts

Thach Khe iron mine project must be scrapped: experts

The gigantic Thach Khe mining project in Ha Tinh should be abandoned as it would seriously damage the environment and impact local living conditions, a former top leader of the central province said.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7