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Tag: mining
The Mining category covers extraction, production, and trade of minerals and metals. It explores commodity pricing, foreign investment, regulatory frameworks, and sustainability initiatives, providing insights into market demand, resource management, and mining sector challenges.
Precious stones & metals: Vietnam imports down 11.34 percent in April
Vietnam’s imports of precious stones, precious metal, and articles thereof reached US$80.67 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents a decrease of 11.34 percent compared to March, with a year-to-date (YTD) import value of US$309.78 million.
Ores & minerals: Vietnam exports surge 365.83 percent in April, China top destination
Vietnam’s exports of ores and other minerals product reached US$26.69 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents an extraordinary increase of 365.83 percent compared to March, with a year-to-date (YTD) export value of US$71.00 million.
Precious stones & metals: Vietnam exports down 28.51 percent in April, USA top destination
Vietnam’s exports of precious stones, precious metal and articles thereof reached US$46.21 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents a significant decrease of 28.51 percent compared to March, with a year-to-date (YTD) export value of US$206.91 million.
Energy: Vietnam’s natural gas output continues slide, down 14% y-o-y in April
Vietnam’s natural gas extraction volume reached 535 million cubic metres in April 2025, according to estimates from the National Statistics Office. This marks a year-on-year drop of 13.1 percent, following a preliminary March output of 544.9 million m³, and continues a broader trend of subdued performance in the domestic gas sector.
Crude oil: Vietnam extraction declines year-on-year in April and year-to-date
Vietnam’s crude oil extraction continued to soften in April 2025, with output down both month-on-month and compared to the same period last year, according to the latest data from the National Statistics Office.
Coal: Vietnam’s output rises 6.4 percent year-on-year in first four months of 2025
Vietnam’s coal production reached an estimated 4.28 million tonnes in April 2025, slightly down from the 4.44 million tonnes recorded in March, according to preliminary data from the National Office of Statistics. Despite the month-on-month dip, the sector continues to show strong year-on-year growth.
Ores and other minerals: Vietnam imports up in April, Australia leads
Vietnam’s imports of ores and other minerals reached US$334.55 million in April 2025, according to figures released by Vietnam’s General Department of Customs. This represents an increase of 8.63 percent compared to March, with a year-to-date (YTD) import value of US$1.08 billion.
Vietnam’s ore and mineral imports jumped nearly 30 percent in March
Vietnam imported US$308 million worth of ores and other mineral products in March, a 29.97 percent increase from February, according to Vietnam’s General Department of Customs. This brought the year-to-date total to US$747.04 million.
Vietnam’s mineral exports fall 81 percent in March
Vietnam’s exports of ores and other mineral products fell sharply by 80.98 percent in March compared to February, totalling just US$5.73 million, according to data from Vietnam’s General Department of Customs.
Vietnam’s imports of precious metals and stones rose over 10 percent in March
Vietnam imported US$90.99 million worth of precious stones, precious metals and related articles in March, up 10.07 percent from February, according to Vietnam’s General Department of Customs. This brought the total value for the first quarter to US$229.09 million.
Vietnam’s coal production sees steady performance in March
Vietnam’s coal production reached 4,216,800 tons in March, up from 4,075,200 tons in February. Total output for the first quarter stood at 11,731,700 tons, representing a slight 0.5 percent decline compared to March 2024 but a 3.8 percent increase year-on-year, according to data from the General Statistics Office.
Vietnam’s precious metal and jewellery exports up 23.56 percent in March
Vietnam exported US$64.64 million worth of precious stones, precious metals and related articles in March, an increase of 23.56 percent from February, according to data from Vietnam’s General Department of Customs.
Vietnam’s Natural Resources Tax 2025: Rates, Who Pays & Enforcement
Vietnam’s Natural Resources Tax is enforced through a regulatory system managed by the General Department of Taxation. Entities exploiting natural resources must register, declare their extraction volumes, and make monthly tax payments. The tax is calculated based on the type and volume of resources extracted and the applicable tax rate. Regular inspections and audits are conducted to ensure compliance, and penalties are imposed for non-compliance, such as fines or operational suspensions.
Vietnam rare earth reserves estimate plummets in latest US Geological Survey
The United States Geological Survey’s Mineral Commodity Summaries 2025 report has revised down Vietnam’s estimated rare earth reserves from 22 million tons to 3.5 million tons. The report doesn’t provide specific details as to why its estimate has changed other than to say it was “based on company and Government reports.” This change would make Vietnam’s rare earth reserves the sixth biggest in the world.
Mining sector in Vietnam records just US$10K in January FDI
In January, Vietnam’s mining sector registered a total of US$10,000 in new foreign direct investment (FDI), according to data from Vietnam’s Ministry of Planning and Investment. This represents a decrease of US$1 million compared to December, which saw US$1 million in new registered capital.
Vietnam’s imports of ores and other mineral products fall 14.15 percent in January
Vietnam’s imports of ores and other mineral products decreased by 14.15 percent month-on-month in January, reaching US$200.89 million, according to Vietnam’s General Department of Customs. This follows a decline from US$234.00 million recorded in December.
Extractive industry in Vietnam continues to decline in January
Vietnam’s extractive industry output contracted by 32.9 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. The sector also saw a 28.4 percent decline from 2019 levels in December, indicating a continued downward trend.
Vietnam’s iron ore mining shows sharp decline in December 2024
Year-on-year, the sector experienced robust growth of 23.5 percent in December 2024 compared to December 2023. However, for the entire year of 2024, iron ore mining recorded an 11.2 percent decline compared to 2023, indicating significant challenges over the longer term.
Vietnam’s imports of ores and other mineral products rise by 5.87 percent in December
Australia remained the largest supplier, contributing US$88.85 million, though this marked a slight decrease of 1.66 percent month-on-month. Brazil followed with US$58.17 million, a marginal increase of 0.59 percent. Imports from China surged by 28.27 percent to US$10.73 million.
Vietnam’s natural gas extraction rises in December but struggles year-on-year
Year-on-year, the sector saw a significant decline of 12.5 percent in December 2024 compared to December 2023. For the entirety of 2024, natural gas production dropped by 15.4 percent compared to 2023, reflecting persistent challenges.
Labour Market Report
Q1 2025
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