[Source: Ichiko Fuyuno, Nature, July 13, 2012 +++], “Most of the elements are actually more abundant in Earth's crust than precious metals such as gold or platinum, but the properties of the 17 rare-earth elements are so similar to each other that extracting and purifying them requires sophisticated processes. In the recent years, the oil and gas sector in Vietnam opened to foreign companies.

They don't come from oysters but from a rare snail called a melo melo that is found almost exclusively in Halong Bay. Vietnam’s main natural resources consist of coal, phosphates, rare earth elements, bauxite, chromate, copper, gold, iron, manganese, silver, zinc, offshore oil and gas deposits, timber, hydropower . In general, there are about 800 timber, 60 bamboo and over 1,500 medical plant species. +++, “The Rare Earth Research and Technology Transfer Center was officially opened in Hanoi on 16 June, kitted out with 420 million yen (US$5.3 million) of equipment. Most pearl experts have never seen one. The area of natural land resources in Vietnam is about 33 million hectares, ranked 57/200 of countries over the world; however, due to large population (about 80 million people), land area per capita is low (with 0.5 ha) and ranked 159th in the world. There is maybe a one in a million chance of finding melo melo with a pearl. Vietnam is deficient, however, in coking coal, which, prior to the outbreak of hostilities with China in 1979, it traditionally imported from the Chinese.

Vietnam's forests are valued to be high diversity with rich fauna and flora. Commercially exploitable metals and minerals include iron ore, tin, copper, lead, zinc, nickel, manganese, titanium, chromite, tungsten, bauxite, apatite, graphite, mica, silica sand, and limestone. The new tax levels could depress foreign direct investment which had already decreased by 19.4% in 2017. What Are The Major Natural Resources Of Japan? banbientap@monre.gov.vn. This site contains copyrighted material the use of which has not always been authorized by the copyright owner. Forests and agricultural land used by coffee and tea farmers are threatened by the plans and opponents have raised concerns about the toxic waste red mud generated through the refinement of bauxite. [Source: Xinhua, May 23, 2006 \~/], “According to the industry's assessment, Vietnam should establish a gold complex with annual gold production capacity of one ton in the Doi Bu area in Hoa Binh. Quote MONRE Portal as … Also mined are antimony, bauxite, chromium, gold, iron, natural phosphates, tin, and zinc. Bauxite is typically strip mined and is used to produce aluminum. [Source: Reuters, July 12, 1999 ==], “Under the law, firms can apply for a mining licence only after completing exploration. Fishermen occasionally pull the shells up in their nets but only rarely do they find a pearl and more often than not the pearls are irregular fragments. Some of the products to receive a tax raise included iron from 12% to 15%, gold from 15% to 20%, and bronze from 13% to 18%. By early 1987, the Vietnamese were exporting crude oil for the first time in shipments to Japan. The same year, the company exported 7.59 million tons of crude oil. European Countries That Are Not Members Of The European Union, The US States Most Prone To Natural Disasters, The Largest Football (Soccer) Stadiums In The World. [Source: Reuters, November 3, 1999], According to the United States Geological Survey, Vietnam is estimated to hold the world's third-largest bauxite ore reserves, after Guinea and Australia. And it was considered mandatory to bring nay fine specimens to the emperor.". [Source: Wikipedia + ], A draft mining plan for bauxite was approved by the Vietnamese government in 2007. Hanoi says around 26 exploration licences have been issued under the law. For mining of more than three years, deposits could be paid in tranches, the newspaper added. "Japan is the second-largest consumer of rare-earth products after China, but it could catch up in a few years if the Japanese government gives proper backing," says Yasushi Watanabe, an expert in mineral processing engineering at the National Institute of Advanced Industrial Science and Technology (AIST) in Tsukuba, Japan. Quote “MONRE Portal” as source when reproducing news from this portal. These amounts generated revenue of $22 billion. At the new center, several Japanese researchers will collaborate with scientists from Vietnam’s Institute for Technology of Radioactive and Rare Elements, also based in Hanoi. Section 107, the material on this site is distributed without profit. License No: 37/GP-TTDT, issued by the Ministry of Information and Communications, dated on 21st August, 2014. *, Vietnam's ability to exploit its resources diminished in the early 1980s, as production fell from the levels attained between 1976 and 1980. [Source: Strait Times, June 22, 2011], Vietnam is the source of extremely rare orange pearls. Vietnam has seen little major mining in recent decades also because of war and then central planning policies that only began to be rolled back a decade ago. In 2003 mining and quarrying accounted for a 9.4 percent share of gross domestic product (GDP); the sector employed 0.7 percent of the workforce. Japan and Vietnam Join Forces to Exploit Rare-Earth Elements. No 10 Ton That Thuyet Street, Cau Giay District, Ha Noi, Phone: The center has yet to launch any research activities, but it is already testing its mineral roasters and mixer-settlers to extract rare-earth elements from minerals. Vietnam is one of the three leading producers of oil in Southeast Asia. The Nhan Co project in Dak Nong Province and the Tan Rai complex in Lâm Dong Province are expected to produce 600,000 tons of alumina per year. The official said the victims were members of an ethnic minority, a segment of the population which the United Nations says is far more likely to live in poverty. Despite this massive amount of bauxite, there is an annual production of 30,000 tons. +, The mining plans have met with strong criticism from scientists, environmentalists and Vietnam's general population.

What Are The Major Natural Resources Of Thailand? Gold deposits are small. The principal rivers are as follows: in the north, the Red and Thai Binh; in the center, the Ca, Ma, Han, Thach Han, and Thu Bon; and in the south, the Mekong and Dong Nai. The accident in Quang Nam province occurred during heavy rains last Sunday, said local official Pham Thi Nhu, who added that authorities had only now learned of it because the mine is in a remote forest. Oil is being exploited by the PetroVietnam state monopoly while Vinacomin is the state owned giant that is in charge of the exploitation of Vietnam’s mineral and coal resources. MINISTRY OF NATURAL RESOURCES AND ENVIRONMENT (MONRE). Vietnamese general Vo Nguyen Giap has offered strong criticism of the plans, saying that a 1980s study led to experts advising against mining due to severe ecological damage. Vietnam has various natural resources including forest, sea and mineral resources. Reuters reported: “Geologists say Vietnam has significant quantities of copper, gold, tin, lead, zinc, gem stones, nickel, industrial and non-ferrous metals, clay and phosphate. Tay Nguyen, Vietnam’s Central Highlands, has the majority of the reserves. com, Vietnam National Administration of Tourism, CIA World Factbook, Compton’s Encyclopedia, The Guardian, National Geographic, Smithsonian magazine, The New Yorker, Time, Newsweek, Reuters, AP, AFP, Wall Street Journal, The Atlantic Monthly, The Economist, Global Viewpoint (Christian Science Monitor), Foreign Policy, Wikipedia, BBC, CNN, Fox News and various websites, books and other publications identified in the text. PetroVietnam produced 7.3% more crude oil in 2016 than in 2015, and about 376.81 billion cubic feet of natural gas. With the cooperation of the Soviet Union, Vietnam began exploitation of a reported 1-billion-ton offshore oil find southeast of the Vung Tau-Con Dao Special Zone. Quang Nam is known for illegal gold extraction.



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