TKV Implements Coordinated Solutions for Coal Production and Consumption in July 2026
As the rainy and typhoon season of 2026 approaches, Vietnam Coal and Mineral Industries Holding Corporation Limited (TKV) has proactively established and implemented comprehensive solutions to ensure coal production and consumption during July - a period identified as the peak of the rainy and typhoon season with complex weather developments.
Background of Challenges
July 2026 is forecasted to be the peak period of the rainy and typhoon season in the northern and central regions of Vietnam, where TKV's coal mining activities are concentrated. According to forecasts from the National Center for Hydro-Meteorological Forecasting, extreme weather phenomena such as heavy rains, landslides, and flooding are highly likely to occur, directly impacting coal production and consumption activities.
Mr. Nguyen Van Binh, Chairman of TKV's Board of Directors, stated: "We are fully aware of the challenges that the rainy and typhoon season brings to coal production activities. Therefore, TKV has proactively developed detailed plans with comprehensive solutions to ensure labor safety, maintain production, and boost product consumption."
Comprehensive Solutions Implemented
1. Production Solutions
To ensure stable coal production under unfavorable weather conditions, TKV has implemented the following comprehensive solutions:
- Adjusting production plans according to weather developments, focusing production on favorable weather days
- Strengthening safety inspection and supervision of mining areas, especially high-risk landslide areas
- Improving drainage systems in mines to prevent flooding
- Preparing sufficient backup materials and equipment to handle unexpected incidents
- Training and enhancing workers' awareness of labor safety, particularly skills for responding to adverse weather conditions
2. Consumption Solutions
Regarding coal consumption, TKV has implemented the following solutions:
- Building flexible consumption plans, adjusting output according to market demand
- Strengthening negotiations with major customers to ensure stable orders
- Boosting coal exports to traditional and new markets
- Developing domestic markets, especially in the electricity and cement production sectors
- Optimizing the logistics system to ensure timely coal transportation to consumption points even in bad weather conditions
3. Safety and Risk Response Solutions
To ensure absolute safety for workers and assets, TKV has implemented:
- Establishing incident response teams at its subsidiaries
- Developing plans to respond to extreme weather situations
- Strengthening monitoring and early warning of adverse weather phenomena
- Preparing safe shelter areas for workers when necessary
- Conducting drills of response plans to be ready to handle emergency situations
Expected Results
According to the plan, with the comprehensive solutions implemented, TKV expects to achieve the following results:
| Indicator | July 2026 (Projected) | July 2025 (Actual) | Change |
|---|---|---|---|
| Coal production (million tons) | 3.2 | 3.0 | +6.7% |
| Coal consumption (million tons) | 3.1 | 2.9 | +6.9% |
| Revenue (thousand billion VND) | 5.5 | 5.2 | +5.8% |
| Profit (thousand billion VND) | 1.2 | 1.0 | +20.0% |
However, Mr. Tran Van Minh, General Director of TKV, also emphasized: "Although we have prepared thoroughly, the weather developments in July remain uncertain. Therefore, TKV will continue to closely monitor and promptly adjust solutions to ensure production and business efficiency."
Long-term Strategy
In addition to short-term solutions for July 2026, TKV is also implementing long-term strategies to adapt to climate change:
- Investing in clean coal mining technology to minimize environmental impact
- Building sustainable disaster prevention works
- Diversifying consumption markets, reducing dependence on traditional markets
- Energy transition, developing renewable energy sources alongside coal mining activities
Conclusion
TKV's implementation of comprehensive solutions for coal production and consumption in July 2026 is not only a response to immediate challenges but also demonstrates proactiveness and flexibility in corporate governance. With thorough preparation and high determination, TKV expects to overcome the rainy and typhoon season, ensure production volume and consumption, and contribute to the sustainable development of Vietnam's coal industry.
In the context of increasingly complex climate change, TKV's solutions also demonstrate the adaptation and transformation of the traditional industry in the face of new challenges, moving towards a more sustainable future.
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