Prime Minister restricts mineral exports
The PM requested a moritorium be placed on the export of iron, copper, lead, chromite, mangan and apatite ores. The only ore which will be allowed to be exported will be refined illmenite, by the end of June 2012.
In addition, the Government will stop the licensing of new bauxite exploration projects in northern regions, as well as titanium-zirco and stream gold exploration projects.
A large number of licenses have been given to mineral exploitation and processing projects, however many of them do not operate efficiently.
Many localities continue to violate regulations on labour safety and environmental protection rules for mineral exploitation.
The PM has urged localities to take drastic actions to protect untapped minerals and close mines which do not operate effectively or cause serious environmental hazards.
.:: Other news
• Change in policy must to attract FDI: Minister (30/01/2012)
• Prime Minister restricts mineral exports (24/01/2012)
• New mineral strategy ratified (05/01/2012)
• Minister and Chairman of Government Office visits Japan (10/03/2011)
• HCM City completes new bidding rules for six prime land plots (18/12/2009)
• Land, housing laws could do with changes: Minister (10/06/2009)
• Vietnam to Map Out Long-term Development Strategy for Mineral Production (31/05/2009)
• Ministry proposes tax reduction on coal exports (23/01/2009)
• Prime interest rate cut for third time in a month (19/12/2008)