On September 4, Deputy Prime Minister Ho Duc Phoc signed Decision No. 1898/QD-TTg of the Prime Minister approving the charter capital of the parent company - TKV Group until the end of 2024.
The Prime Minister approved the charter capital of the parent company - TKV Group as of December 31, 2024 at VND 41,259 billion as proposed by the Ministry of Finance.
The Prime Minister requested TKV and the Ministry of Finance to be responsible for the accuracy of the content and data reported and proposed.
TKV shall register to adjust charter capital in accordance with legal regulations.
The Ministry of Finance and the Board of Members of TKV are responsible for managing and using state capital invested in TKV, ensuring the effectiveness, preservation and development of state capital in accordance with the provisions of law.
According to the TKV Development Strategy to 2030, with a vision to 2045, TKV will develop into a strong economic group, contributing an important role to the development of the state economy.
At the same time, maintaining a key position as one of the three pillars of energy, contributing to ensuring national energy security; sustainable exploitation, long-term sustainable investment plans and in line with Vietnam's commitment to net zero emissions by 2050.
Orientation for developing the parent company - TKV organization model: Continue to operate according to the mixed-use operating model.
Parent company - TKV both performs the function of financial investment and directly operating production - business activities; assigns tasks to coal processing, storage, delivery and trading units under Parent Company - TKV to proactively consume coal and import coal; implements the roadmap for equitization of Parent Company - TKV at an appropriate time according to the schedule approved by the Government.
