Coal imports surge 53% in January-July

HCMC – Vietnam’s January-July coal imports soared by a steep 53% year-on-year to nearly 30 million tons. Australia, Indonesia and Russia were the top three suppliers of coal for Vietnam, accounting for 88% of the coal import volume. This marked an increase of 5.22 million tons and over US$300 million in trade value year-on-year. In 2021, the nation imported over 36 million tons of coal. The coal import volume is projected to rise to around 46.5 million tons in 2025.