January 3, 2018 - The Prime Minister of Vietnam has approved a project to restructure the Vietnam National Coal and Mineral Industries Group (Vinacomin) from now until 2020, which will cover the mergers, dissolution, and reorganization of six companies and four management boards.

Vinacomin General Director Dang Thanh Hai said by last month the group had 106,000 employees, which was nearly 5,000 fewer than at the beginning of the year. In 2018 the group’s total salary payment will reduce but salary per capita will increase.

Hai said: “The group will downsize its staff to less than 100,000 people by the end of 2020. But we’ll recruit more coal miners to about 4,000 people. We’ll try to raise productivity and salary as two inseparable matters.”

Coal miners pose for a photo after work  

Photo by vinacomin.vn