Vietnam Top Miner Makes US$2.96B Revenues, US$295.85B Profit in 2008
The state-run Vietnam National Coal - Mineral Industries Group (Vinacomin), the country’s top miner, has said in a statement that it made over VND50 trillion (US$2.96 billion) in revenues last year, up 31 per cent on year.
The group posted pre-tax profit of VND5 trillion (US$295.85 million) and contributed over VND6.5 trillion (US$384.61 million) in 2008.
This year, the biggest coal producer in Vietnam has targeted to produce 40 million tons of coal this year, including 20.5 million tons for exports and 19.5 million tons for domestic sales.
The group will make efforts to maintain revenues of VND50 trillion (US$2.69 million) in 2009, the government website said March 27. (chinhphu.vn)
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