Vietnam's coal imports reversed a two-month decline in August, rising 16.6% from July to 5.13 million tonnes, showed preliminary data from the Vietnam customs authority.
The August imports also increased 5.75% from 4.85 million tonnes in the same month last year.
The value of imports amounted to $331 million in August, down 13.18% year on year, but up 23.98% from a month ago.
Australia was the top origin for Vietnam in August, with coal shipments at 2.09 million tonnes, rising 7.47% from a year ago and surging 66.12% month on month.
Import from Indonesia was 1.22 million tonnes in August, sliding 17.27% from the year prior and declining 12.38% month on month.
Shipments from Russia increased 9.67% year on year and 66.54% on the month to 897,100 tonnes.
The country's coal imports surged 37.01% to 40.62 million tonnes in first eight months.
Vietnam is increasingly relying on imported thermal coal for power generation. In 2019, the country's coal import expanded by 2.3 times to 43.85 million tonnes.
In the coming years, coal and LNG imports is expected to continuously grow to maintain power generation. It is forecast Vietnam would need to import 60 million tonnes of coal and 12 million tonnes of LNG by 2030.
(Writing by Rebecca Liu Editing by Harry Huo)
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