The People's Committee of the central province of Ha Tinh has asked the Government to consider the closure of the largest iron mine in Southeast Asia, the Thach Khe iron mine located in the province.

Environmental restoration after mining and mineral exploitation activities may be the responsibility of mining firms, but for years these companies have ignored their duty, harming the environment and human health.

 Statistics from the General Statistics Office of Viet Nam (GSO) showed that the mining industry has posted a record slump since 2011, with the growth rate dropping by 7.1 per cent in 2017 and 4 per cent in 2016. 

 Some Philippine mines need to be shut given the environmental harm they have caused, the minister in charge of sector said on Wednesday,

VietNamNet Bridge - Once the driving force for economic growth in 2015, the mining industry has been facing great challenges this year.

VietNamNet Bridge - The industrial production value growth in the first six months of the year slowed largely because of a decline in the mining industry.

VietNamNet Bridge - A mining company has decided to give back to the state two iron ore mines with large reserves, an unprecedented move in the country. 

 Vietnam’s mining industry is facing more difficulties this year due to lower export prices, unfavorable mining conditions and higher costs, according to the Ministry of Industry and Trade.

VietNamNet Bridge – A demand to improve management of natural resources to stop its depletion and degradation was made at a seminar on boosting transparency in natural resources management, in Ha Noi last week.

 VietNamNet Bridge – Vietnam should implement the Extractive Industries Transparency Initiative (EITI) to fight corruption in the mining industry, currently representing over 10% of the nation’s GDP.