Approval of the charter capital of the parent company - Vietnam National Coal

Specifically, the Prime Minister approved the charter capital of the parent company - Vietnam National Coal - Mineral Industries Group (TKV) as of December 31, 2024 at VND 41,259 billion at the request of the Ministry of Finance .

The Prime Minister requested TKV and the Ministry of Finance to be responsible for the accuracy of the content and data of reports and proposals.

TKV shall register to adjust charter capital according to law.

The Ministry of Finance and the Board of Members of TKV are responsible for managing and using state capital invested in TKV, ensuring efficiency, preservation and development of state capital in accordance with the provisions of law.

* According to the TKV Development Strategy to 2030, with a vision to 2045, TKV will develop into a strong economic group, playing an important role in the development of the state economy; maintaining a key position as one of the three pillars of energy, contributing to ensuring national energy security; sustainable exploitation, with a long-term sustainable investment plan and in line with Vietnam's commitment to net zero emissions by 2050.

Orientation for the development of the organizational model of the Parent Company - TKV: Continue to operate under a mixed operation model. The Parent Company - TKV both performs the function of financial investment and direct production and business activities; assigns tasks to the processing, warehousing, delivery and coal trading units of the Parent Company - TKV to be proactive in coal consumption and coal import; implements the equitization roadmap of the Parent Company - TKV at an appropriate time according to the progress approved by the Government.

Phuong Nhi

Source: https://baochinhphu.vn/phe-duyet-muc-von-dieu-le-cua-cong-ty-me-tap-doan-cong-nghiep-than-khoang-san-viet-nam-102250904164419033.htm