10:20:06 PM | 6/3/2009
The Vietnam National Coal - Mineral Industries Group (Vinacomin) said it produced 5.75 million tons of clean coal in the first two months this year, down 6 per cent on-year.
Coal exports were reported at 2.92 million tons in the period, up 3.9 per cent on-year, the group said.
Meanwhile, domestic sales reached 2.42 million tons, down 5.7 per cent on-year. Of the volume, coal for cement factories saw the highest rise, at 62 per cent on-year.
This year, Vietnam is forecast to export 19.5 million tons, compared with 19.7 million tons last year.
Following a proposal by Vinacomin, the Ministry of Finance last month decided to cut export tax on coal to 10 per cent from February 15, 2009. (New Hanoi)
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