According to Vietnam's latest geological and mineral strategy, the country is eyeing to bolster governance over the use of mineral resources and strengthen investment in mining technology while establishing a state-of-art mining sector that adheres to environmental protection.
In accordance with the national strategy, Vietnam plans to explore a variety of minerals by 2045, including bauxite, among others like coal, uranium, titanium-zircon, rare earth, apatite, copper, nickel and tin while simultaneously exploiting and preserving strategic, essential, and large-scale minerals.
As part of the plan approved recently by Deputy Prime Minister Tran Hong Ha, Vietnam aims to map 85 per cent of the country's geological and mineral resources by 2030. He said that Vietnam would develop technology, promote cooperation and improve human resources in the geology and minerals sector.
According to the geological and mineral strategic plan, the country strives to build an advanced and modern mining and mineral processing industry associated with a circular economy model, a green economy equivalent to that of developed countries in Asia by 2045.
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