Vietnam produced 121.50 thousand tons of aluminum in November, up 0.70 percent from 120.66 thousand tons in October, according to the latest data from the National Statistics Office.
Over the first ten months of the year, output reached 1,355.48 thousand tons.
Listed mining companies
Duong Hieu Mining and Trading JSC
Duong Hieu Mining and Trading JSC (DHM) mines and trades iron ore and industrial minerals.
DHM closed at VND 6,140 on Wednesday up 0.02 percent with 32,000 shares traded, worth VND 19 million.
Foreign ownership in DHM is currently capped at 0.0 percent, with current foreign ownership sitting at 0.0 percent.
Masan Group Corporation
Masan Group Corporation (MSN) operates across consumer goods, retail, mining, and financial services through subsidiaries like WinCommerce and Masan Consumer.
MSN closed at VND 74,000 on Wednesday down 0.5 percent with 35,736,000 shares traded, worth VND 265,991 million.
Foreign ownership in MSN is currently capped at 105.2 percent, with current foreign ownership sitting at 23.8 percent.
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Vietnam mining industry news
Recent developments in Vietnam’s mining industry include:
Coal mining policy reform
Vietnam’s Ministry of Finance has proposed a special mechanism for the Vietnam National Coal and Mineral Industries Group (TKV) to resolve procurement barriers that currently hinder underground mine development.
Under existing rules, many technically capable TKV units cannot bid for tunnelling work because they share the same legal entity, even though domestic contractors outside TKV largely lack the capacity to perform these specialised tasks.
The draft decree would allow TKV to mobilise its in-house units directly, giving the group flexibility to allocate skilled labour, equipment and technology to maintain production schedules and safety standards.
NetZero + revised geology law
A Ho Chi Minh City National Assembly delegate has urged lawmakers to reduce reliance on mineral extraction and incorporate Vietnam’s 2050 NetZero commitment into the revised Law on Geology and Minerals, during a December 2 debate.
Delegate Nguyen Hoang Bao Tran said the draft law still focuses on licensing and enforcement but lacks provisions on cumulative environmental impacts, phased reduction of high-risk mining and development of alternative materials.
She said uncontrolled extraction has contributed to erosion, flooding and ecological damage.
Revised mining plans
The Government of Vietnam has approved adjustments to exploration, mining and processing plans for several tungsten, copper and bauxite deposits.
The decision covers the Nui Phao tungsten area in Thai Nguyen, the Ta Phoi copper mine in Lao Cai, and the Tho Son and Thong Nhat bauxite deposits in Dong Nai.
The adjustments revise project lists and boundary coordinates listed in earlier planning documents issued in 2023.
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Vietnam’s aluminum industry
Vietnam’s aluminium industry has expanded rapidly, supported by strong domestic demand from construction, packaging, electronics and transport manufacturing.
The sector benefits from growing downstream fabrication capacity, including extrusion, rolling and aluminium products for export markets.
While Vietnam lacks large-scale primary aluminium smelting, it has developed a competitive position in processing and semi-finished products.
Industry growth is closely linked to foreign direct investment, renewable energy availability and policies aimed at strengthening domestic supply chains and value addition.