The Vietnam National Coal - Mineral Industries Group (formerly Vietnam National Coal Corporation) was established on October 10th, 1994, under Decision No.563/0DD- TTg of the Prime Minister of Vietnam. Implementing an important task assigned by the State, right from the time of coming into being, the Group set up a plan for "innovation of structure and management in order to improve operational efficiency", choosing the strategy of "developing diversified businesses based on coal operation" and the policy of "growing with customers and partners". With the set strategic goal, the Vietnam National Coal -Mineral Industries Group (Vinacomin) made substantial changes in management mechanism, in product sales and operation organization model, in financial and economic measures, actively investing in innovation of coal mining technology, in refurbishment of technological line for coal extraction, preparation, and loading terminals.
Sector: Oil & Energy
Year Established: 1994