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Mining to Vietnam Trends and opportunities The market. With an economic growth rate forecast of per cent in 2017 (), Vietnam is forecast for steady growth from 2017 to 2020 at around to per cent (Source: BMI Q4 2016).The recently approved Vietnam Power Development Plan 7 and the Vietnam Mining Development Strategy have set out the clear objectives between 2016 to 2030 as follows:
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Feb 08, 2016#0183;#32;Although the Vietnamese government approved in April 2006 plans to begin mining bauxite reserves in the Central Highlands [3], it was on November 1, 2007, through the enactment of the Prime Ministers Decision 167 (Master Plan for Exploration, Mining, Processing and Use of Bauxite Ore
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Vietnam is endowed with a wide variety of mineral with over 5000 deposits of more than 60 types of minerals being discovered, including bauxite (7% of the worlds reserves), rare earths, tungsten, titanium, phosphate, coal and ironore, mineral construction materials. Vietnam is the third largest mineral producer in SE Asia.
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