Vinacomin-Vang Danh Coal JSC
HHNX:TVD9,200.00
VND
0.00
(0.00%)
Vinacomin-Vang Danh Coal JSC
HNX:TVD
(Hanoi Stock Exchange)
Recent
price
9,200.00
P/E
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yld
- -
ROIC.AI
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- Business
- Vinacomin - Vang Danh Coal Joint Stock Company is a Vietnam-based mining and energy enterprise primarily engaged in the extraction, processing, and commercial distribution of coal and associated mineral resources. Operating as a key subsidiary of the state-owned Vietnam National Coal and Mineral Industries Holding Corporation Limited (Vinacomin), the company manages an integrated supply chain spanning subterranean extraction to port logistics. The company offers a diverse range of products and industrial services, including the underground and open-pit mining, screening, grading, and trading of anthracite coal, lump coal, and fine coal products tailored for thermal power plants, metallurgical facilities, and industrial consumers; the design, manufacture, maintenance, and rehabilitation of heavy mining machinery, underground drilling equipment, hydraulic roof-support systems, and mine transport vehicles; mine engineering, shaft sinking, tunnel excavation, and industrial infrastructure construction; overland freight transportation, warehousing, and port transshipment operations coordinated through Dien Cong Port; and ancillary commercial operations comprising the manufacture of building materials, industrial water purification, catering, and technical labor supply. Founded in 1964 and headquartered in Uong Bi City, Quang Ninh Province, Vietnam, the company conducts its core extraction operations across the Vang Danh coal basin. In recent corporate developments, the company has progressed its flagship Group A deep-level development project, Underground Mining Extending Below Elevation -175 at Vang Danh Coal Mine, targeted at securing an annual production capacity of 2.0 million metric tons of run-of-mine coal in alignment with national energy master plans. Furthermore, between 2024 and 2026, the company deployed significant capital toward comprehensive technological modernization and automation programs, executing multi-billion VND investments in mechanized tunneling combai units, synchronized hydraulic support frameworks, remote monitoring automation for 6kV underground electrical distribution substations, and upgraded inclined-shaft haulage infrastructure to maximize recovery rates, operational safety, and production efficiency.