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The signing of this coal purchase and sale contract is the result of a process of close exchange and negotiation between the parties, and opens a new phase of cooperation in the field of coal trade between Vietnam National Coal and Mineral Industries Group (TKV) and Lao energy enterprises. Signing Ceremony of Lao Coal Trading Contract between Coal Import-Export Joint Stock Company - Vinacomin and Northern Coal Trading Joint Stock Company - Vinacomin with Xekong Energy Company Limited, Phonesack Group - Laos On November 27, at the headquarters of Coal Import-Export Joint Stock Company - Vinacomin, the Signing Ceremony of Coal Trading Contract with Laos between Coal Import-Export Joint Stock Company - Vinacomin and Northern Coal Trading Joint Stock Company took place. - Vinacomin with Xekong Energy Co., Ltd., Phonesack Group - Laos. The signing event took place in the context that Laos is aiming to celebrate the 50th anniversary of the National Day of the Lao Peoples Democratic Republic (December 2, 1975 - December 2, 2025), further highlighting the meaning of the traditional, close and trusting cooperative relationship between the two countries. The signing of this contract is the result of the awarding process. exchanges and close negotiations between the parties, and at the same time open a new phase of cooperation in the field of coal trade between Vietnam Coal and Mineral Industry Group (TKV) and Lao energy enterprises. Concretizing the contents of coal trade cooperation between Vietnam and Laos. The ceremony was held to concretize the contents of coal trade cooperation that have been exchanged by the two sides in recent times, opening a new phase of cooperation between TKV and Laoss enterprises. Laos; affirming TKVs role in expanding markets, diversifying supply, ensuring stability and efficiency for the Groups production and business activities. Previously, on November 9, 2025, in Vientiane Capital, Laos, the Minister of Industry and Trade and the Minister of Energy and Mines of Laos signed a Cooperation Agreement between the two Governments on coal and electricity trading. This is a strategic document, laying the foundation for long-term cooperation between the two countries in the fields of energy and minerals. Speaking at the signing ceremony, General Director of Vu Anh Tuan Group affirmed: TKV always attaches importance and priority to promoting cooperation with businesses of Laos, a neighboring country that has a great friendship and special solidarity with Vietnam. The signing of the coal trading contract is not only of economic significance but also an important milestone in the future. enhancing trust and strategic cooperation between businesses of the two countries. TKV is committed to effective, transparent, and long-term coordination with Lao partners during the contract implementation process. Mr. Phonesack Vilaysack, General Director of Phonesack Group - Laos highly appreciated the capacity and reputation of TKV and expressed his commitment to seriously implementing the contract contents and believes that cooperation between the two parties will continue to expand in many other fields. The signing of the coal purchase and sale contract with Laos is an important milestone, contributing to enhancing the position of the two parties. of TKV in the international arena; promoting friendly and sustainable cooperation between businesses of the two countries Vietnam - Laos. At the same time, it affirms the Groups determination to diversify commercial activities, proactively source coal and adapt flexibly to the regional energy market context. The signing ceremony brings many expectations about long-term, effective cooperation opportunities, in accordance with the Groups development strategy in the new period.PTTSee moreSee moreSee more
