Quang Ninh, which accounts for over 90% of Vietnam's national coal reserves, is estimated to hold 8.8 billion tons of coal, with 3.6 billion tons less than 300 meters deep. Coal was long the province's economic backbone, but the mining share of its economy fell from about 35% in 2010 to 8.11% of GRDP in 2025 as the locality shifted toward green development, services and processing industries. Quang Ninh's economy grew nearly 10% a year on average over 2021–2025 and rose 11.89% in 2025, with GRDP reaching 368,445 billion VND and per-capita GRDP of $10,402. Since September 1, Quang Ninh has officially become the eighth centrally run city of Vietnam, after the National Assembly approved its establishment with all attending delegates voting in favor.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Có 8,8 tỷ tấn ‘kho báu vàng đen’ đang nằm tại một thành phố của Việt Nam, trong đó 3,6 tỷ tấn nằm ở độ sâu dưới 300m
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Related tickers and likely impact
PVD
▲ Likely positivePetroVietNam
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Oil & Gas |
| Industry | Oil Equipment & Services |
| Market cap | 17,024 bn VND |
| P/E | 15.3 |
| P/B | 0.98 |
| Close on 10/30/2026 | 17.95 |
| Change that session | -2.18% |
PVT
▲ Likely positivePVTrans
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Industrial Goods & Services |
| Industry | Marine Transportation |
| Market cap | 11,010 bn VND |
| P/E | 7.7 |
| P/B | 1.12 |
| Close on 10/30/2026 | 21.25 |
| Change that session | -0.23% |
GAS
• NeutralPetroVietnam Gas
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Utilities |
| Industry | Gas Distribution |
| Market cap | 183,384 bn VND |
| P/E | 14.4 |
| P/B | 2.67 |
| Close on 10/30/2026 | 78.00 |
| Change that session | +2.63% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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