Vietnam's coal output in the January-April period fell 1.9 percent from a year ago to 16.6 million tons, according to the General Statistics Office.

Market participants say this would be feasible for the province because it is rich in coal and iron ore resources.

Market participants say this would be feasible for the province because it is rich in coal and iron ore resources.

Hoa Phat steel sales hit 457,000 tonnes in April.

BHP is looking into initiatives to grow its iron ore production to 300 million tonnes per annum.

The head of diversified miner BHP, Mike Henry, has highlighted the massive investment required in the resources sector to meet global decarbonising efforts.

Iron-ore futures wobbled on Friday and were on track for weekly losses due to waning optimism over prospects for demand recovery in top steel producer and metals consumer China, with additional pressure from rebounding supplies from Australia and Brazil.

Thailand's economy expanded 2.7% in the first quarter from a year earlier, official data showed on Monday, faster than expectations, as private consumption and tourism rebounded.