Minining & Construction Vietnam is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726

Vietnam, Laos boost cooperation in energy, mining


Minister of Industry and Trade Nguyen Hong Dien and Lao Minister of Energy and Mines Phoxay Sayasone have agreed to further boost Vietnam-Laos cooperation in energy and mining.

A coal mining site in Quang Ninh Province 

During a working session in Hanoi on February 23, the two sides agreed that they are well implementing an MoU signed in 2016 between the two governments on cooperation in hydropower development in Laos, grid connections and electricity import from Laos.

Minister Dien said in order to continue purchasing electricity from Laos, Vietnam Electricity (EVN) has partnered with Lao power investors to invest in one 500kV, and four 220kV transmission lines between the two countries.

Sayasone informed the host that according to the latest survey results, the Lao provinces of Sekong and Saravane hold 500 million tonnes of coal in reserve, which could potentially be even greater if the survey is expanded.

To tap this abundant resource, he suggested the Vietnamese Ministry of Industry and Trade (MoIT) create conditions for Lao enterprises to export coal to Vietnam.

Dien said the MoIT is ready to connect information between Vietnamese corporations and enterprises with Lao coal exporters to step up bilateral coal trade.

The Vietnamese minister also proposed further enhancing coordination in the mining and processing of mineral resources between the two countries.

He said Vietnamese enterprises are interested in investing in tin mining and processing in Laos for exporting to Vietnam or other countries. He asked the Lao side to share information about its tin reserves as well as introduce Lao enterprises operating in this field to connect with Vietnamese partners.

The guest vowed to assign Lao agencies to work closely with the Vietnamese side to tackle difficulties with Vietnamese projects in Laos, and further tap the potential of bilateral cooperation in electricity purchase, mine management, and exploitation of mineral resources.


Share this post

Bạn Quan Tâm Đến

According to General Statistics Office of Vietnam Share this...
National Exhibition Construction Center (NECC)
The National Exhibition Construction Center (NECC for short) was established in 2010 and...
Vietnam, Laos boost cooperation in energy, mining
Minister of Industry and Trade Nguyen Hong Dien and Lao Minister of Energy and Mines Phoxay...
Mineral group’s coal revenue up 48% in first two months
The Vietnam Coal and Mineral Industries Group (TKV) produced 5.71 million tonnes of coal in...
Vietnam FDI for 2022 Tops US$25 billion: MoIP
Vietnam’s Ministry of Planning and Investment has released its November 2022 report on foreign...
Steel producers’ profit to hit bottom soon
VNDirect expects that the gross profit margin of steel companies will soon recover when most of...
OPEC predicts a boom in oil demand
A new OPEC report predicts that oil demand will remain strong over the next two decades, reaching...
TKV (Vietnam Coal and Mineral Industries Group): 10 months of 2022 revenue increased by 20%, trying to ‘finish soon’
In 10 months of 2022, Vietnam Coal and Mineral Industries Group (Vinacomin – TKV) is...
Blackstone Minerals deepens mining endeavour in Vietnam
Australia’s largest private investment in Vietnam, Blackstone Minerals, on April 13 signed a...

Đăng Ký Bản Tin