Wednesday, July 09, 2008

Vietnam targeting 50 million tonnes of coal by 2010

According to the Vietnam’s Strategy for Development of the Vietnam Coal Sector by 2015, vision 2025, Vietnam has set a target of producing 48 million tonnes to 50 million tonnes of coal by 2010.

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.

It said that by 2010, work on exploration and appraisal of the natural resources 300 meters down under the Dong Bac 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 t