Friday, 30 Dec 2011
Dow Jones Commodities News Select via Comtex quoted the General Statistics Office said Vietnam exported 1.8 million tonnes of coal in December down 10% from 2 million tons in November.
The GSO said in a statement that coal exports in 2011 reached 17.67 million tonnes down by 10.9%.
State run Vietnam National Coal, Mineral Industries Holding Corp or Vinacomin said earlier this year that it will cut coal exports to 14 million tonnes in 2012.
The company also plans to gradually cut annual coal exports to 3 million tonnes a year by 2015 to set aside the fossil fuel for its power plants.
(Sourced from Dow Jones Commodities)
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