Chairman of the Board of Directors of Vietnam Coal and Mineral Corporation Ngo Hoang Ngan: Vinacomin is strengthening corporate governance in an advanced, modern direction and according to a lean organizational model, improving the efficiency of production and business and the competitiveness of the Corporation.
Specifically, clean coal production reached 39.5 million tons, an increase of 1.5 million tons compared to 2024; coal consumption reached 51.5 million tons, an increase of 2.5 million tons compared to 2024.
Vinacomin aims for total industry revenue of VND 180,000 billion, an 8% increase compared to 2024; striving for the highest possible level of budget contributions; and achieving investment value exceeding VND 11,000 billion, a 12% increase compared to 2024, in accordance with the directives of the Central Government and the Government .
At the Prime Minister's meeting with state-owned enterprises pioneering digital transformation and promoting growth on April 15th, Chairman of the Board of Members of Vinacomin Ngo Hoang Ngan stated that Vinacomin has developed solutions to realize this goal.
Firstly, Vincomin will focus on domestic coal production, reducing imports and ensuring sufficient coal supply for electricity generation and other domestic industries.
Secondly, we will strengthen corporate governance in a progressive, modern direction and according to a lean organizational model, thereby improving the Group's production and business efficiency and competitiveness.
Thirdly, we will promote investment, closely monitor progress and quality, especially for large projects in the Group's key economic sectors. At the same time, we will actively implement other investment projects as assigned by the Government.
Fourth, promote research and innovation, apply science and technology, and implement digital transformation in all areas of production and business, especially related to the modernization of mineral exploitation and processing. According to Mr. Ngan, Vinacomin has completed the Group's digital transformation plan and is currently working with relevant partners.
Fifth, the Group continues to effectively and comprehensively implement environmental solutions, proactively responding to climate change, and developing sustainably according to green, clean criteria and in harmony with the development of the localities where the Group's projects are located.
Sixth, pay attention to social welfare and business activities with the goal of harmonious development with localities, especially in mineral exploitation and land clearance for production.
According to Vinacomin Chairman Ngo Hoang Ngan, the Government, the Prime Minister, and various ministries and agencies have recently taken decisive action to remove obstacles for the Group in granting and renewing licenses for several mines. This has made the Group's production, business, and investment activities in 2025 and subsequent years smoother.
To boost production and ensure the Group's development, Vinacomin representatives also proposed that ministries and agencies allow the Group to proceed without auctioning the mineral exploitation rights for the Sin Quyen copper mine in Lao Cai and the bauxite mines in Lam Dong and Dak Nong, so that exploration and project planning can be carried out on schedule according to the criteria for mineral exploration, exploitation, and processing for the period 2021-2030 approved by the Prime Minister.
Linh Dan
Source: https://baochinhphu.vn/vinacomin-6-giai-phap-thuc-day-tang-truong-2-con-so-102250415182157941.htm
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