TKV Evaluates Investment Performance for H1 2026 and Outlines Strategic Future Directions
In accordance with the directives of the Government and Ministry of Finance regarding the economic growth target of over 10%, the Vietnam Coal and Mineral Industries Group (TKV) has proactively reviewed and evaluated its investment implementation capacity for 2026, adjusting investment plans to ensure resources for production and business operations, enhance production capacity, and ensure sustainable development goals.
On July 9, 2026, TKV's Deputy General Director Phan Xuan Thuy chaired a meeting to evaluate the investment work for the first half of 2026. The meeting was attended by leaders of member units, specialized departments of the Group, and affiliated units.
Background and Investment Objectives
Amidst ongoing international economic volatility and the Government's high economic growth requirements, TKV has identified investment as one of its key priorities to ensure growth and sustainable development. The Group aims to complete and exceed its 2026 investment plan, contributing to the common goals of the coal and mineral industry and the national economy.
Investment Results for H1 2026
According to the report presented at the meeting, TKV effectively implemented investment activities in the first half of 2026, with total implemented capital reaching approximately 12,500 billion VND, accounting for 58% of the annual plan. Key projects have been accelerated to ensure progress in production and business operations.
| Indicator | Annual Plan | H1 2026 Implementation | Completion Rate |
|---|---|---|---|
| Total Investment Capital | 21,500 billion VND | 12,500 billion VND | 58% |
| Key Projects | 15 projects | 8 projects | 53% |
| Renovation and Modernization Projects | 22 projects | 14 projects | 64% |
Implemented Solutions
To achieve the above results, TKV has implemented comprehensive solutions:
- Proactively reviewing and adjusting investment plans to suit actual situations and production and business requirements
- Strengthening investment preparation work, accelerating site clearance for new projects
- Promoting the application of new technologies, modernizing equipment, and improving production efficiency
- Strengthening investment cost management and resource conservation
- Improving the effectiveness of bidding and procurement work
Challenges and Difficulties
Besides the achieved results, investment work in the first half of the year still faced some difficulties and challenges:
- High prices of raw materials and investment equipment affected the progress and costs of projects
- Shortage of skilled labor at construction sites
- Adverse weather conditions in some coal mining areas affected construction progress
- Administrative procedures for some projects remained slow
Strategic Directions for H2 2026
In his speech at the meeting, TKV's Deputy General Director Phan Xuan Thuy emphasized: "To complete and exceed the 2026 investment plan, TKV needs to focus on key tasks in the second half of the year."
Specifically, TKV will focus on the following solutions:
- Accelerating the progress of key projects, especially those with spillover effects and production capacity enhancement
- Strengthening preparation for new investment projects in 2027
- Completing investment procedures for projects using ODA capital and preferential loans
- Strengthening quality management and occupational safety at investment construction sites
- Promoting the application of digital technology and digital transformation in investment management
Result Commitments
According to the plan, TKV strives to complete 100% of the 2026 investment plan, with total investment capital reaching over 22,000 billion VND, exceeding the target by 2%. At the same time, the Group also aims to improve the efficiency of capital use, ensuring the completion of projects on schedule and with quality.
TKV's Deputy General Director Phan Xuan Thuy requested member units and specialized departments to focus intensely and take proactive, decisive actions in investment work to ensure the completion of set targets, contributing to the common success of TKV and Vietnam's coal and mineral industry.
Sustainable Development Vision
At the meeting, TKV also discussed sustainable development directions in investment work, focusing on:
- Investing in clean technologies to minimize environmental impacts
- Developing renewable energy projects in potential areas
- Investing in high-quality human resource training
- Building advanced environmental management and occupational safety systems
The evaluation of investment performance for H1 2026 and the identification of key tasks for H2 2026 demonstrate TKV's strong determination to implement economic growth goals, ensure national energy security, and promote sustainable development.