This morning (January 27), during a working visit to Quang Ninh, General Secretary To Lam, Prime Minister Pham Minh Chinh, and the Central Working Group met with and extended New Year greetings to coal industry workers.
Quang Ninh’s coal region was also the first destination for the General Secretary and several Party and State leaders immediately after the 14th National Party Congress.
On this occasion, the General Secretary, Prime Minister, and the Central Working Group visited and encouraged the staff and workers of
Deo Nai – Coc Sau Coal Joint Stock Company
(a subsidiary of Vietnam National Coal and Mineral Industries Group – TKV) directly at the mining site.
Established through the merger of Deo Nai Coal and Coc Sau Coal, the company operates in open-pit coal mining, with an annual output of approximately 2.9 million tons of raw coal.
The General Secretary and Prime Minister present gifts to workers at Deo Nai – Coc Sau Coal Joint Stock Company. Photo: TTXVN
According to financial reports,
the company’s 2025 revenue reached 5,264 billion VND,
an increase of approximately 2,370 billion VND, or nearly 82%, compared to the previous year. After-tax profit was 58.5 billion VND, a decrease of about 4.1 billion VND, or 6.6%, from the previous year.
Deo Nai – Coc Sau Coal Joint Stock Company noted that the cumulative revenue difference between the two periods is due to the 2024 cumulative revenue being calculated from June 26, 2024, to December 31, 2024 (6 months and 5 days).
Average Salary of TKV Coal Industry Workers Reaches Nearly 20 Million VND
Photo: TTXVN
According to Vietnam National Coal and Mineral Industries Group’s report, in 2025, the group’s consolidated revenue is estimated at 161 trillion VND. Profit for the year is expected to reach 7,660 billion VND, 225% of the annual plan and 110% of the same period in 2024. The group’s 2025 state budget contribution is estimated at 25.5 trillion VND, 102% of the annual plan and 101.4% of the same period. Notably, the average salary across the group is 19.7 million VND per person per month.
Additionally, Vietnam National Coal and Mineral Industries Group has preserved and grown state capital in the enterprise while improving safety for workers and equipment compared to the previous year.
Over the past year, the group has commenced five projects, including two high-rise worker housing projects with nearly 800 enclosed apartments, providing amenities and accommodation for underground miners in Quang Ninh.
In social welfare activities, the group allocated approximately 270 billion VND to support localities in building housing, schools, hospitals, cultural centers, new rural development, disease prevention, disaster recovery, and eliminating temporary and dilapidated housing, with 100 billion VND dedicated to this effort.
Notably, the group plans to spend around 2 trillion VND for the Lunar New Year celebrations, averaging about 20 million VND per worker.
Linking Productivity Growth with Income Increase and Worker Welfare Improvement
The General Secretary extends New Year greetings and presents gifts to coal industry workers. Photo: TTXVN
During the meeting with coal industry workers, the General Secretary emphasized that the coal and mineral sector must continue to innovate production organization, promote mechanization, automation, and digital transformation in mine management and operations.
The General Secretary stressed that the spirit of
“Discipline and Unity”
must be translated into technological discipline, safety discipline, and labor discipline, making these mandatory requirements in production organization to reduce resource losses, minimize downtime, and enhance machinery, equipment, and labor efficiency.
According to the General Secretary, the industry must link productivity growth with income increase and worker welfare improvement. Enhancing worker livelihoods should be closely tied to boosting productivity and production efficiency, ensuring a balance of interests among the State, enterprises, and workers. Workers’ income, wages, and bonuses must accurately reflect their labor value, skill levels, and contributions. Additionally, robust incentives should be provided for outstanding and innovative workers with strong discipline.
The General Secretary also urged attention to workers’ living conditions, housing, healthcare, education, and cultural needs, alongside income considerations.
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