News - Mozambique
🌍 Vietnam to Boost Coal Imports from Mozambique! 🔥
The Vietnamese government plans to significantly increase its coal imports from Mozambique, focusing on fueling its electricity production. This decision was discussed during a meeting in Hanoi between Mozambique's President Filipe Nyusi and Vietnam’s National Coal and Mineral Industries (VINACOMIN). With 65% of Vietnam's electricity generated from fossil fuels, coal remains a key resource. President Nyusi encouraged Vietnamese investments in Mozambique’s coal sector, with Vietnam expressing interest in importing coal directly, bypassing concessionary companies. This move is set to enhance economic cooperation and expand Mozambique’s export market.
What are your thoughts on this growing partnership? 🤝
#VietnamMozambiqueRelations #CoalImports #EnergySector #NTV #africagoodmorning