The effective management of mining activities will foster comprehensive development as it helps increase state budget collection and improve environment quality and livelihoods of local people.
Hanoi (VNA) – The effective management of mining activities willfoster comprehensive development as it helps increase state budget collectionand improve environment quality and livelihoods of local people.
Trinh Le Nguyen, Director of the People and Nature Reconciliation (PanNature)centre - a Vietnamese non-governmental organisation, made the remarks at aconference held in Hanoi on January 30.
Evaluating the Resource Governance Indexin 2017, Jelson Garcia, Director of the Natural Resource Governance Institutefor Asia-Pacific, said that the tight control of oil exploitation and miningactivities was rarely seen in Vietnamese localities.
Vietnam had weak resource governance, he said, adding that the country has amix of strong and problematic areas of governance, which means resourceextraction can help society but it is likely that the eventual benefits areweak.
At the conference, experts suggested measures to build a rational governancemodel for the comprehensive development of Vietnam’s mining industry.
They said that the Government of Vietnamshould place focus on enforcing environmental regulations, protect benefits oflocal people and distribute incomes to localities.-VNA
The Lao government and the Company of Economic Cooperation of Vietnam (COECCO) signed a contract in Vientiane on October 25 on iron ore mining and processing
National Assembly Chairwoman Nguyen Thi Kim Ngan welcomed mining group Alcoa and ship-builder Austal to invest in Vietnam during her meeting with the two companies’ executives in Perth on December 1.
The Vietnam National Coal and Mineral Industries Corporation (Vinacomin) set a goal of selling about 36 million tonnes of coal in 2018, up 2.5 million tonnes compared to 2017.
Vietnam and South Africa hold huge potential for boosting cooperation in many fields, including bringing bilateral trade turnover to two billion USD a year, said an official of the VCCI.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
A mining area in Vietnam (Photo: VNA) 
