Vietnam’s coal industry is fragmented and has complicated geological conditions. Despite the advanced technology, the conditions to apply and deploy the technology are limited by the scale. Vietnam’s coal industry is facing many difficulties such as declining business efficiency due to falling domestic coal prices, increasing production costs when open-cast coal reserves are increasingly exhausted, along with the increase in Increase of taxes and fees. Vietnamese coal is difficult to compete with imported coal.

In the third quarter of 2019, the country’s coal output tended to increase compared to the previous year. Coal output and export turnover decreased by 94.5% and 94.2% over the same period, respectively, due to a sharp decline in inventories after 2018 of positive consumption. Vietnam imports increased by 149.1% over the same period, coal import turnover increased by 88.4%.

The business results of coal enterprises in the past year had a lot of sudden strong growth compared to 2018 mainly due to the impact of rising prices of global coal prices. However, the coal industry is still in a monopoly mechanism so these companies are unlikely to be proactive in their business plans and still have to depend entirely on TKV.

Executive Summary
1. Business Environment
1.1 Macroeconomic situation
1.2 Legal barriers
2. Industry overview
2.1 World’s market
2.1.1 Exploitation- Consumption
2.2 Vietnam’s Coal Industry
2.2.1 History of Vietnam’s Coal Industry
2.2.2 Definition and classification
2.2.3 Industrial value chain
2.2.4 Industrial scale and characteristics
2.2.5 Current mining and producing situation
2.2.6 Consumption
2.2.5 Import
2.2.6 Export
2.2.7 Price movement
2.3 Development plan of coal industry
3. Enterprise Analysis
3.1 Enterprise Introduction
3.2 Financial analysis

Ha Lam Coal JSC
Mong Duong Coal JSC
Nui Beo Coal JSC
Cao Son Coal JSC
Ha Tu Coal JSC
Deo Nai Coal JSC
Vang Danh Coal JSC
Coc Sau JSC