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Update news mineral
VietNamNet Bridge – A recent report has revealed how illegal exports to China have depleted natural resources and resulted in huge losses to state coffers.
Trade deficit hits US$547 million in March; Bilateral trade with India up 40.2pct; Challenges for Vietnamese exports; Instalment plans take advantage of Vietnamese consumers; Up-market housing remains empty
The government of Vietnam has been prohibiting exporting raw natural minerals over the last few years. However, the ban has not had high enforcement.
VietNamNet Bridge – Enterprises in several localities will be allowed to continue exporting unprocessed minerals under a decision issued by the Ministry of Industry and Trade (MoIT).
The Ministry of Industry and Trade (MOI) has issued a series of documents, allowing some local enterprises exporting raw materials to help reduce the inventories.