Jan-Jul Coal Export Volume Down 22.7 per cent On-year to 14.47 Mln Tons
Vietnam is estimated to export 14.47 million tons of coal in the first seven months this year, down 22.7 per cent on-year, valued at US$811 million, up 38.4 per cent, the General Statistics Office (GSO) reported.
July&rsquos figures are 1.35 million tons and US$110 million, respectively, the office said.
The Ministry of Industry and Trade said this year it will cut coal export by 5 million tons as compared with last year&rsquos figure of 32.5 million tons to serve the increasing domestic demand.
Vietnam is targeting to produce between 48 million and 50 million tons of clean coal by 2010 under Vietnam&rsquos coal industry development strategy until 2015, a vision to 2025 approved by the prime minister recently.
The strategy also said the output will reach 60 million-65 million tons in 2015, 70 million-75 million in 2020 and 80 million tons in 2025. (GSO July 2008)
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