HANOI: Cam Pha port and logistics company, an affiliate of the Vietnam National Coal and Mineral Industries Group (Vinacomin), in the northern province of Quang Ninh loaded 33,000 tonnes of coal for two ships on February 8, the first day of the Year of the Monkey.
The Hai Phong 19 and Vinacomin Ha Long vessels– the first New Year footers in the port, are to supply coal to Vinh Tan 2 thermal power plant and Duyen Hai 1 thermal power plant, respectively.
Last year, Cam Pha port handled over 25 million tonnes of coal, 674,000 of which was for exports. It earned more than 37 trillion VND (1.68 billion USD) in revenue.
Vinacomin last year turned out 37.6 million tonnes of coal and sold 35.5 million tonnes domestically, including 1.26 million tonnes that went overseas.
In 2015, it raked in more than 106.8 trillion VND (4.85 billion USD), up 3 percent from 2014 and contributed 12.5 trillion VND (56.8 million USD) to the State budget, or 103.4 percent of their target. The group plans to earn more than 110 trillion VND from selling 38 million tonnes of coal, 1.2 million tonnes of which is for export, in 2016.
