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COAL EXPORT TO VIETNAM AND ITS CHALLENGES
HANOI, 03 JULY 2020
Embassy of the Republic of Indonesia Hanoi
BRIEFING SERIES ON OPPORTUNITIES IN VIETNAM – POST COVID-19
OUTLINE:
▪ BILATERAL TRADE OUTLOOK
▪ VIETNAM COAL OUTLOOK / DEMAND
▪ PRODUCTION AND EXPORT MARKET
▪ CHALLENGES
▪ THE ROLE OF THE INDONESIAN EMBASSY
2017 2018 2019
Total Bilateral Trade 6.503.446 8.470.530 9.072.657
Export, Indonesia to Vietnam 3.639.836 4.936.839 5.703.429
Import, Indonesia from Vietnam 2.863.610 3.533.690 3.369.228
Trade Balance 776.225 1.403.148 2.334.201
6.503.446
8.470.530
9.072.657
3.639.836
4.936.839
5.703.429
2.863.610
3.533.690 3.369.228
776.225
1.403.148
2.334.201
0
1.000.000
2.000.000
3.000.000
4.000.000
5.000.000
6.000.000
7.000.000
8.000.000
9.000.000
10.000.000
INDONESIA AND VIETNAM TRADE FIGURES 2017-2019(in 000 US$)
Source: BPS, GSO
TOP 10 MAIN EXPORT FROM INDONESIA TO VIETNAM IN 2019
Coal 2019: US$ 868 million2018: US$ 789 million
10%1
Motor Vehicle
2 2019: US$ 626 million2018: US$ 287 million
117%
Iron and Steel
2019: US$ 391 million2018: US$ 172 million3 127%
Computer and Components
2019: US$ 318 million2018: US$ 282 million 12%4
MotorVehicle
Spareparts
2019: US$ 237 million 2017: US$ 203 million5 16%
Animal and Vegetable Oil
2019: US$ 229 million 2018: US$ 299 million
23%6
Machine and Tools
2019: US$ 225 million2018: US$ 221 million7 1%
Base Metal
2019: US$ 225 million 2018: US$ 181 million8 24%
Paper2019: US$ 212 million 2018: US$ 261 million
18%9
Chemical Material10
2019: US$ 174 million 2018: US$ 224 million 22%
Source: GSO Vietnam, BPS
No. KomoditiJanuari – Mei (US$) Perubahan
(%)2019 2020
1. Batubara 392.728.022 407.715.664 3,81
2. Kendaraan Bermotor 276.854.261 200.811.236 -27,46
3. Besi dan Baja 156.435.982 144.660.503 -7,52
4. Lemak minyak hewani dan nabati 83.570.804 116.284.682 39,14
5. Logam dasar 156.435.982 97.111.836 -37,92
6. Mesin dan peralatan mesin 89.543.611 85.522.563 -4,49
7. Kertas 82.062.428 83.640.316 1,92
8. Komputer, peralatan listrik, suku cadang dan komponen 123.609.892 70.711.033 -42,79
9. Bahan kimia 63.778.287 70.297.608 10,22
10. Suku cadang dan aksesoris kendaraan bermotor 87.136.634 68.500.789 -21,38
11. Produk hasil perikanan 49.830.191 49.721.090 -0,21
12. Produk-produk kimia 44.576.050 47.749.797 7,11
13. Benang (Yarn) 48.381.544 42.939.211 -11,24
14. Plastik 54.920.470 40.223.118 -26,76
15. Kacang mete 27.159.933 38.681.561 42,42
16. Fabrics 26.335.195 32.464.345 23,27
17. Pakan ternak dan bahan pakan ternak 29.828.960 31.435.045 5,38
18. Produk-produk elektrik dan suku cadang 25.814.143 24.809.248 -3,89
19. Karet 17.651.712 24.673.498 39,77
20. Pastrycooks, sweets and cereal products 28.798.886 23.560.420 -18,18
Komoditi ekspor utama Indonesia ke Vietnam (Jan-Mei) 2020
Source: General Department of Vietnam Customs
POWER PLANTS IN VIETNAM
➢COAL-FIRED THERMAL POWER PLANT : 69 PROJECTS
(31 Operating; 9 Under construction; 29 Permitted/Pre-permit - Announced)
➢GAS TURBINE POWER PLANT : 27 PROJECTS
(11 Operating; 7 Permitted/Pre-permit; 9 Announced)
➢SOLAR POWER PLANT : 126 PROJECTS
➢WIND POWER PLANT : 73 PROJECTS
(10 operating; 22 Under construction; 41 Approved)
➢BIOMASS POWER PLANT : 9 PROJECTS
(7 operating; 1 Under construction; 1 Announced)
➢HYDROELECTRICITY: 105 PROJECTS
LIST OF VIETNAM 31 COAL-FIRED THERMAL POWER
PLANTSStation Province Capacity (MW) Commission Date Sponsor/Owner Status
An Khanh 1 (Khanh Hoa power station) Thai Nguyen 2x58 2015 An Khanh Electricity JSC Operating
Cam Pha Phase I-II Quang Ninh 2x340 2011 VINACOMIN Operating
Cao Ngan Thai Nguyen 2x57.5 2006 VINACOMIN Operating
Dong Nai Formosa Unit 1-2 Dong Nai 2x150 2004 Hung Nghiep Formosa Operating
Dong Nai Formosa Unit 3 Dong Nai 150 2018 Hung Nghiep Formosa Operating
Duyen Hai 1 Tra Vinh 2x622 2015 EVN Operating
Duyen Hai 3 Tra Vinh 2x622 2016 EVN Operating
Ha Tinh Formosa Plastics Steel Complex
Unit 1,2,5 (Formosa Ha Tinh)Ha Tinh 3x150 2015-2020 Hung Nghiep Formosa Ha Tinh Operating
Hai Phong 1-2 Hai Phong 4x300 2011-2014 EVNGENCO No 2 Operating
Lee & Man Hau Giang 50 & 75 2018 Lee & Man Vietnam Paper LLC Operating
Mao Khe Quang Ninh 2x220 2013 VINACOMIN Operating
Mong Duong 1 Quang Ninh 2x540 2015 EVN Operating
Mong Duong 2 Quang Ninh 2x620 2015 AES-VCM Mong Dong Power Co Ltd Operating
Na Duong 1 Lang Son 2x55 2005 VINACOMIN Operating
Nghi Son 1 Thanh Hoa 2x300 2013-2014 EVNGENCO No 1 Operating
Ninh Binh Ninh Binh 4x25 1974 Ninh Binh Thermal Power JSC Operating
Nong Son 1 Quang Nam 30 2014 VINACOMIN Operating
Pha Lai 1 Hai Duong 4x110 1986 Pha Lai Thermal Power JSC Operating
Pha Lai 2 Hai Duong 2x300 2001 Pha Lai Thermal Power JSC Operating
Quang Ninh 1-2 Quang Ninh 2x300 2009-2014 Quang Ninh Thermal Power JSC Operating
Son Dong Bac Giang 2x110 2009 VINACOMIN Operating
Thai Binh 1 Thai Binh 2x300 2017 EVN Operating
Thang Long (Le Loi power station) Quang Ninh 2x300 2017-2018 Hanoi Export-Import Company Operating
Uong Bi I extension Quang Ninh 300 2007 EVNGENCO No 1 Operating
Uong Bi I Quang Ninh 50 & 55 1975-1976 EVNGENCO No 1 Operating
Uong Bi II extension Quang Ninh 330 2014 EVNGENCO No 1 Operating
Vedan Vietnam Cogeneration Dong Nai 60 2015 Vedan Vietnam JSC Operating
Vinh Tan 1 Binh Thuan 2x600 2018-2019 China Southern Power Grid, Vinacomin Operating
Vinh Tan 2 Binh Thuan 2x622 2014 EVNGENCO No 3 Operating
Vinh Tan 4 Binh Thuan 2x600 2017-2018 EVN Operating
Vung Ang 1 Ha Tinh 2x600 2014-2015 PetroVietnam Power Corp Operating
Station ProvinceCapacity
(MW)
Commission
Date
Sponsor/Own
erStatus Note Ref
Duyen Hai 2 Tra Vinh 2x600 2021-2022Janakuasa
SDN BHDConstruction
Report 58/BC-CBT
annex row IV.3
Duyen Hai 3
ExtensionTra Vinh 660 2019 EVN Construction
Report 58/BC-CBT
annex row I.9
Hai Duong (Hai
Duong BOT plant)Hai Duong 2x600 2021
JAKS
Resources,
China Power
Engineering
Consulting
Group
ConstructionReport 58/BC-CBT
annex row IV.2
Long Phu 1 Soc Trang 2x600 2023-2024PetroVietnam
Power CorpConstruction
Report 58/BC-CBT
annex row II.2
Na Duong 2 Lang Son 110 2022 VINACOMIN ConstructionReport 58/BC-CBT
annex row III.1
Nghi Son 2 Thanh Hoa 2x600 2022
Korean
Electric Power
Corporation
and Marubeni
Group
ConstructionReport 58/BC-CBT
annex row IV.5
Song Hau 1 Hau Giang 2x600 2021PetroVietnam
Power CorpConstruction
Report 58/BC-CBT
annex row II.3
Thai Binh 2 Thai Binh 2x600 2021-2022PetroVietnam
Power CorpConstruction
Report 58/BC-CBT
annex row II.1
Vinh Tan 4
extensionBinh Thuan 600 2019 EVN Construction
Report 58/BC-CBT
annex row I.12
LIST OF VIETNAM 9 COAL-FIRED THERMAL POWER PLANTS
UNDER CONSTRUCTION
Source : Initial query from Coal Tracker,updated with data from MOIT 2019 Report 58/BC-CBT
Vung Ang 3 Ha Tinh 2x600 2031
Samsung
Construction &
Trading Corporation
ShelvedReport 58/BC-CBT annex
row IV.13
Cong Thanh Thanh Hoa 600 2024Cong Thanh
Thermal Power JSCPermitted
Report 58/BC-CBT annex
row V.3
Nam Dinh 1 (Hai Hau
power station)Nam Dinh 2x600 2024-2025
Taekwang Vina
Industry JSC, First
National Operation
& Maintenance Co.
(NOMAC)
PermittedReport 58/BC-CBT annex
row IV.4
Quang Trach 1 Quang Binh 2x600 2022-2023 EVN PermittedReport 58/BC-CBT annex
row I.17
Quynh Lap 1 Nghe An 2x600 2026 VINACOMIN PermittedReport 58/BC-CBT annex
row III.3
Song Hau 2 Hau Giang 2x1000 2024Toyo Engineering &
ConstructionPermitted
Report 58/BC-CBT annex
row IV.7
Van Phong 1 Khanh Hoa 2x660 2023-2024Sumitomo
CorporationPermitted
Report 58/BC-CBT annex
row IV.10
Vung Ang 2 Ha Tinh 2x600 2023-2024 OneEnergy Co. PermittedReport 58/BC-CBT annex
row IV.6
An Khanh - Bac Giang
(Luc Nam power station)Bac Giang 650 2023
An Khanh - Bac
Giang
Thermoelectric JSC
Pre-permitReport 58/BC-CBT annex
row V.4
Duc Giang - Lao Cai
ChemicalLao Cai 2x50 2020
Duc Giang - Lao Cai
Chemicals JSCPre-permit [40]
Ha Tinh Formosa Plastics
Steel Complex Unit
6,7,10 (Formosa Ha Tinh)
Ha Tinh 3x150 2015-2020Hung Nghiep
Formosa Ha TinhPre-permit [10]
Hai Ha CHP 1-4 (Dong
Phat Hai Ha (CHP))Quang Ninh 2100 2019-2030
Texhong Hai Ha
Industrial Park Co.Pre-permit
Report 58/BC-CBT annex
row V.2
Hai Phong 3 Unit 1-2 Hai Phong 2x600 2028-2029 VINACOMIN Pre-permitReport 58/BC-CBT annex
row III.4
Long Phu 2 Soc Trang 2x660 2029-2030 Tata Group Pre-permitReport 58/BC-CBT annex
row IV.8
Quang Tri 1 Quang Tri 2x660 2026-2027EGAT International
(EGATi)Pre-permit
Report 58/BC-CBT annex
row IV.11
Vinh Tan 3 Binh Thuan 3x660 2024-2025OneEnergy, EVN,
and Pacific GroupPre-permit
Report 58/BC-CBT annex
row IV.9
LIST OF VIETNAM 29 COAL-FIRED THERMAL POWER PLANTS
PERMITTED/PRE-PERMIT - ANNOUNCED
LIST OF VIETNAM 29 COAL-FIRED THERMAL POWER PLANTS
PERMITTED/PRE-PERMIT –ANNOUNCED (Cont.)
Dung Quat Special
Economic Zone (J-
Power) Phase I-II
Quang Ngai 2400 & 2000 2028-2030 J-Power Announced
Long An Phase I Long An 2x600 no investor AnnouncedReport 58/BC-CBT
annex row VI.1
Long An Phase II Long An 2x800 no investor AnnouncedReport 58/BC-CBT
annex row VI.2
Long Phu 3 Soc Trang 3x600PVN proposed
to transferAnnounced
Report 58/BC-CBT
annex row II.4
Quang Ninh 3 Quang Ninh 2x600 no investor AnnouncedReport 58/BC-CBT
annex row VI.4
Quang Trach 2 Quang Binh 2x600 2026 EVN AnnouncedReport 58/BC-CBT
annex row I.18
Quang Tri 2 Quang Tri 2x600 2024Korea Western
Power CoAnnounced
Quynh Lap 2 Nghe An 2x600 2027-2028 POSCO AnnouncedReport 58/BC-CBT
annex row IV.14
Rang Dong
cogeneration100 2025 Announced
Decision 428/QD-TTg
annex 1 Table 2,
"Projects in operation
from 2025" row 4
Tan Phuoc 1 Tien Giang 2x600 EVN AnnouncedReport 58/BC-CBT
annex row I.15
Tan Phuoc 2 Tien Giang 2x600 EVN AnnouncedReport 58/BC-CBT
annex row I.16
Thai Binh 3 Thai Binh 440 VINACOMIN Announced
Vung Ang 3 2x600 Announced
Decision 428/QD-
TTg: Reserve power
plants for renewable
energy power
stations’ failure of
schedule and output
expected
Tahun Volume Impor(Dalam Ton)
Kebutuhan Batubara di Vietnam (Dalam Ton)
2019 32 juta 54,3 juta 2020 40,3 juta 60 juta 2025 70,3 juta 86 juta 2030 100 juta 110 juta
Source: General Department of Vietnam Customs
Vietnam Coal Demand
In 2019 coal-fired power stations generated almost 40%
of Vietnams electricity and about a quarter of the coal was imported
NegaraTahun 2018 Tahun 2019 Perubahan (%)
Nilai: US$ Volume: Ton Nilai: US$ Volume: Ton Nilai Volume
Australia 850.542.327 6.111.360 1.566.139.012 15.712.124 84,13 157,10
Indonesia 789.233.386 11.164.931 868.629.669 15.413.752 10,06 38,06
Rusia 291.518.732 2.846.770 633.816.943 7.151.372 117,42 151,21
RRT 311.544.280 957.489 241.638.850 854.835 -22,44 -10,72
Malaysia 15.983.488 278.801 1.063.478 13.135 -93,35 -95,29
Largest Coal Import by Country 2018-2019
Source: General Department of Vietnam Customs
Negara
Jan – Mei 2019 Jan-Mei 2020 Perubahan (%)
Nilai: US$ Volume:
Ton
Nilai: US$ Volume:
Ton
Nilai Volume
Australia 627.301.817 5.466.128 789.809.222 8.959.985 25,91 63,92
Indonesia 392.728.022 6.248.518 407.715.664 8.164.531 3,82 30,66
Rusia 267.495.671 2.968.010 282.089.306 3.444.970 5,46 16,07
RRT 138.488.633 471.715 28.060.825 101.203 -79,74 -78,55
Malaysia 188.423 956 - - - -
Largest Coal Import by Country Jan-May 2020
Year Value in US$ Volume in Tonnage
2014 US$ 122,090,137 1,568,089 ton
2015 US$ 111,954,432 1,947,793 ton
2016 US$ 141,722,852 2,945,671 ton
2017 US$ 404,730,848 6,089,688 ton
2018 US$ 788,954,104 11,165,157 ton
2019 US$ 868,629,669 15,413,752 ton
2020 (Jan-May) US$ 407.715.664 8.164.531 ton
Indonesia’s Coal Export to VIETNAM
Source: General Department of Vietnam Customs
Challenges of Indonesia’s Coal Export to VIETNAM
1. Logistic challenges on the compulsory utilization of nationalmaritime transportation and insurance for Indonesia’sexport of coal.
2. Regulation on the utilization of local inspector / verificator.
3. Close partner and reliable supplier.
Roles of Indonesian Embassy in Hanoi
1. Facilitating business matching between Indonesiancompanies and Vietnamese importer.
2. Business Forum on Coal Cooperation, Hanoi, 3 May 2019
3. Webinar on Coal Export to Vietnam and Its Challenges,Indonesian Embassy Hanoi, 3 July 2020
Thank You