VINACHEM

General Department of Geology and Minerals of Vietnam (GDGM) said surveys, exploration and new discoveries showed that Vietnam now has over 5,000 mineral occurrences and deposits.

In some minerals that are believed to have large reserves such as oil – gas (1.2 to 1.7 billion m3, coal (240 billion tons), titanium (600 million tons of minerals, heavy), bauxite (10 billion tons), rare earth (11 million tons) …

In recent years, the mining industry has had important contribution to the national economy, providing raw material supply for the power industry, cement, paper, chemicals, and fertilizers .