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Vietnam targets 50 million tonnes of coal by 2010
Vietnam has set a target of producing 48-50 million tonnes of coal by 2010, according to the Strategy for Development of the Vietnam Coal Sector by 2015, vision 2025 which was approved by the Prime Minister on July 7.
Accordingly, the domestic coal sector will become a developed industry of high competitiveness and advanced technology in the region, meeting the domestic demand and ensuring energy security.
By 2010, work on exploration and appraisal of the natural resources 300 metres down under the Dong Bac (North-eastern) coal basin will be completed and by 2015, exploration and appraisal of the natural resources of the Red river delta coal basin will be finished.
The sector attaches importance to investment in modern technology with high level of automation in order to avoid the maximum mining accidents. Transport of coal by automobile vehicles is also targeted to be reduced to the maximum to reduce negative impact to the environment.
A competitive coal market will soon be established. The State will manage coal prices via tax policies and other management tools.
ND
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