Tag: Extractive industries

Ministry of Finance Responded to the Petition of Thach Khe Iron Mine

Recently, The Inspectorate General of Finance, responded to People and Nature Reconciliation (PanNature), Vietnam Mining Coalition’s coordination unit, about the coalition’s petition to stop Thach Khe iron mine project, sent to leadership of the party, the national essembly, the government and ministries, boards and branches on January 17th, 2019.

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Proposing to Close Thach Khe Iron Mine

Based on the results of field research and survey combined with expert consultation in the mineral field, on January 17th 2019, Vietnam Mining Coalition sent a petition about stopping the iron mine project and closing the mine in Thach Khe to leadership of the Communist Party, the National Essembly, as well as relevant ministries, boards and branches of Vietnam’s government.

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Workshop on Promoting Effective Governance of the Mining Industry

In order to introduce the Resource Management Index and assessment results on minning industries in 2017, discuss the current situation and efforts to innovate the effective governance model of Vietnam’s mining industry, 30 January, Vietnam Mining Coalitionand and PanNature in collaboration with the Natural Resource Governance Institute (NRGI) to organize the workshop “Promoting Effective Governance of the Mining Industry” to promote effective governance of the mining industry in Vietnam.

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“Ugly” mine craters impacting tourism in south-central Vietnamese province

Ugly craters created by several mine sites are slowly killing tourism in Binh Thuan Province.

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Experts warn against excessive titanium mining in south-central Vietnamese province

Experts have warned that excessive mining could lead to the disappearance of titanium from Vietnam, for the resource is not abundant as many have thought. Local pundits gathered at a conference in Phan Thiet City, located in the south-central province of Binh Thuan, on Saturday morning to discuss the exploitation and consumption of titanium in the Southeast Asian country. During the gathering, which was organized by the Vietnam Union of Science and Technology Associations (VUSTA) and the provincial People’s Committee, multiple issues in the mining of the resource in Binh Thuan were pointed out.

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Experts: Law on minerals impractical

In a round-table organised by the Party Central Committee’s Commission for Economic Affairs (PCEA) on December 23, Le Ai Thu from the Vietnam Mining Coalition(*) pointed to two particular articles of the law, which he believed to be “very difficult to apply in real life”.

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Ministry aiming to restore forests

Speaking at a conference on forest management held on Tuesday in Gia Lai Province, Nguy?n Vi?t D?ng, deputy director of the nonprofit PanNature, said the restoration of forests was feasible if it brought economic benefits such as profits from cassava and coffee cultivation.

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Viet Nam urged to tighten resource consumption tax

At a conference held by PanNature at the end of last month, experts said that budget collections from mineral mining activities were not proportional to the exploitation scales. Statistics of the Ministry of Finance revealed that natural resources exploitation (excluding oil) contributed merely between 0.9 per cent and 1.1 per cent to the State budget from 2011 to 2015.

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Mining-sourced tax collection needs improvements

Tax collected from the mining of natural resources, excluding crude oil, accounted for between 0.9 – 1.1 percent of the total state tax collections in the 2011-2013, according to the Ministry of Finance.

The amount is a far cry from the scale of exploitation activities, said delegates to a workshop held by People and Nature Reconciliation (PanNature) on May 13.

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Mining destroys local way of life

A recent report presented at a workshop held by the People and Nature Centre (PanNature) and the Viet Nam Mining Coalition showed that mining activities is a direct cause of hunger and poverty in localities.

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