Titaniumplacer which is mainly foundalong the central coastfromThanhHoato Binh Thuan is the most valuable ore type in Vietnam. The natural resource can be exploited on an industrial scale, with reserves of 14.03 million tons, accounting for 0.5% of the world's reserves. However, the titanium mining and processing in Vietnam today has driven Vietnam into a trade-off between economics and environment. Does the "natural resource curse" still exist? Titanium mining over 20 years Titanium mining has taken place in the central Vietnam since 1993. At that time, the Austin Company - a joint venture between Australia and Vietnam began its mining in Ky Anh , Ha Tinh province. However, the conflicts in production sharing and profit made it close in 1995. In 1997, Ha Tinh titanium processing company was established. Their exploitation are mainly in the areas of Cam Xuyen and Thach Ha districts, Ha Tinh province. At the same time, in Binh Dinh , BIMAL company - a Vietnam - Malaysia joint venture … [Read more...] about Titanium Mining: Trade-off between economics and environment
Economics and environment
Top 10 events of Natural Resources and Environment sector announced
1. Ministry of Natural Resources and Environment celebrated its 10th anniversary (2002 - 2012). Over the past decade, State management over natural resources and environment has been enhanced, related policies have been improved and the sector's apparatus has been consolidated, effectively contributing to the country's socio-economic development. With these excellent achievements, the officers and staff of the sector were presented the Ho Chi Minh Medal. 2.Review of the implementation of the 7th Party Central Committee Meeting Resolution (term IX) on reforming land policies in the period of stepping up industrialization and modernization of the nation. The Party issued Resolution 19-NQ/TW on continuing renovation of land policies in a bid to create the framework for Vietnam to become a basically modern industrial country by 2020. 3. Law on water resources was approved by the National Assembly on June 21 at the 3rd session of the National Assembly (term XIII), marking a substantial … [Read more...] about Top 10 events of Natural Resources and Environment sector announced
Quality, Safety And Environment
Quality, Safety And Environment Reported by Quang Tuan AkzoNobel, a global producer of paints, coatings and specialty chemicals, has plans to boost its footprint in Asia in general and Vietnam in particular. On the occasion of his visit to Vietnam last week, Mr. Jeremy Rowe, Managing Director in Decorative Paints of AkzoNobel in Southeast Asia and Pacific, has the following interview with the Saigon Times. Q: You have been in Vietnam many times. What is the main purpose of this trip? A: Part of my essential task is to be in charge of emerging markets in Southeast Asia, including Vietnam. Our business in Vietnam currently occupies the number-one position in decorative paint in Vietnam, and we want to maintain that leading position which is not easy. My intention for this trip is to understand the market and what consumers want. My job is also to help the local team build market strategies. Besides Vietnam, I am also visiting other markets in the region. How would you appraise … [Read more...] about Quality, Safety And Environment
Big contributions from natural resources and environment sector
Big contributions from natural resources and environment sector (VEN) - On the occasion of the 10th anniversary since the establishment and development of the Ministry of Natural Resources and Environment (MONRE), Vietnam Economic News' Song Huong interviewed Minister Nguyen Minh Quang about the ministry's achievements over the past decade and its tasks and orientations in the coming time. Can you tell us something about MONRE's outstanding achievements in the decade since its establishment? … [Read more...] about Big contributions from natural resources and environment sector
State management on natural resources and environment strengthened
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Deputy PM Trinh Dinh Dung. Photo: VGP The Government leader made the point on January 8 at a conference held by the Ministry to review performance in 2017 and define tasks in 2018.In 2018, the sector was asked to effectively manage land resources, tighten management of minerals; closely control environmental pollution; prevent environmental incidents at industrial clusters, urban areas, and trade villages; and fruitfully tap water resources. The Deputy PM also stressed the importance of utilizing maritime potentials and resources; responding to climate change; and raising forecast efficiency. Especially, perfecting institutions and regulations topped the leading tasks for the sector in 2018. Mr. Dung said that mechanisms and policies on State management over natural resources and environment must follow practical circumstances and development requirements. Perfect institutions would help generate a favorable investment and business environment … [Read more...] about State management on natural resources and environment strengthened