Vinacomin reaches over VND93 trillion in 2011

The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) turnover reached more than VND93 trillion (US$4.42 billion) in 2011, earning a profit of VND7,800 billion (US$370 million).

The corporation produced 48 million tonnes of crude coal and 27 million tones of consumption coal.

Vinacomin aims to increase its turnover to VND96 trillion (US$4.57 billion) in 2012 and implement more coal, infrastructure, and environmental projects, particularly enhancing the capacity of coal mines and continuing to restructure and reform the business.

The corporation will also coordinate closely with local public security and authorities to ensure social order and workplace safety.

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