TKV proposes to approve adjustment to increase charter capital

HƯƠNG NHA |

TKV proposed to soon approve the adjustment of increasing charter capital to become a strong economic group, contributing to ensuring national energy security.

On February 27 at the Government Headquarters, a Government Standing Committee Conference on State-owned Enterprises (SOEs) was held with the theme "Tages and solutions to contribute to double-digit economic growth, rapid and sustainable national development".

According to the Government's Electronic Information Portal, Mr. Vu Anh Tuan - General Director of the Vietnam National Coal and Mineral Industries Group (TKV) - said that in 2025, with clean coal production, the Group strives to reach 38.615 million tons compared to the plan of 36.852 million tons, equivalent to an increase of 0.5% compared to the implementation in 2024 (38.425 million tons).

The Group strives to achieve VND 180,000 billion in total revenue, equivalent to an increase of 7.6% compared to 2024. The state budget contribution is expected to be at the highest level, an increase of 5.1% compared to 2024. In particular, in 2025, the total investment value is 11,000 billion VND.

TKV will ensure the progress of key investment projects; complete procedures and start construction in 2025 of projects such as: Ha Rang mine expansion tunnel exploitation project; Tan Yen - Dong Trang Bach mine tunnel exploitation project; Coc Sau - Deo Nai mine cluster exploitation project;...

Regarding solutions, to achieve the above growth targets, Mr. Vu Anh Tuan said that TKV will focus on effectively implementing many solutions such as:

Strengthen corporate governance in an advanced and modern direction; perfect the organizational model in a streamlined and efficient manner to improve production and business efficiency and competitiveness.

Promote investment work, strictly control the progress and quality of projects, especially large projects in the group's main production and business sectors;

Actively implement other investment projects assigned by the Government, promote research and innovation; apply advances in science and technology.

Regarding the proposals, the Group proposed not to allow auctions of mineral exploitation rights so that TKV can soon apply for exploration licenses and exploitation licenses for mineral mines, especially mineral mines in Lao Cai, Lam Dong and Dak Nong provinces.

In addition, it is allowed to use Plan 893/QD-TTg dated July 26, 2023 of the Prime Minister on approving the National Energy Master Plan for the period 2021 - 2030, with a vision to 2050, as a basis for granting a license to operate coal minerals.

At the same time, direct central ministries and departments to consider developing, amending and supplementing to submit to competent authorities to issue legal documents in the direction of enhancing autonomy and self-responsibility for businesses. Thereby, unlocking resources, promoting growth for businesses and the country's economy.

In addition, we propose to soon approve the adjustment to increase charter capital to ensure the goal of developing TKV into a strong economic group, contributing to ensuring national energy security, ensuring sufficient charter capital for TKV to have its own capital;

Mobilize capital from credit institutions to participate and effectively and on schedule implement investment projects to expand production with increasingly high coal output for the economy as well as ensure national energy security according to the tasks assigned by the state Mr. Vu Anh Tuan suggested.

HƯƠNG NHA
TIN LIÊN QUAN

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