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The mining industry is developing in line with the trends of green economy and circular economy

The mining industry is developing in line with the trends of green economy and circular economy

Updated:29/01/2024

     The planning of exploration, exploitation, processing, and utilization of various mineral resources as construction materials for the period 2021-2030, with a vision towards 2050, approved by the Prime Minister, holds significant importance. It opens up new development opportunities for the mining industry in Vietnam, making it more efficient, sustainable, and aligned with the trends of green economy and circular economy.

      According to the report from the Ministry of Industry and Trade, in recent years, the planning related to exploration, exploitation, processing, and utilization of various mineral groups/types has been assessed for its impact on socio-economic development, national defense and security, environment, biodiversity, landscape, and ecological sanitation. Simultaneously, these plans have analyzed and evaluated the orientations and principles for socio-economic development, environmental protection, and planning related to the exploitation and utilization of various mineral resources.

    Especially, right from the drafting stage of the Planning, the Ministry of Construction received guidance from Deputy Prime Minister Tran Hong Ha on the need for additional provisions in the plan, clarifying the perspective of resource extraction and utilization that should be economical, efficient, and multipurpose, aligning with the principles of green economy and circular economy. In this context, the importance of mining and processing technologies is emphasized, aiming to ensure economic efficiency while concurrently safeguarding landscape and the environment.

      Not only in this Planning but also in the Exploration, Exploitation, Processing, and Utilization Planning for various mineral resources for the period 2021-2030, with a vision towards 2050, previously approved by the Prime Minister, clearly articulates the perspective and priority goal of environmental protection, aiming towards a green economy and circular economy.

       During the drafting of the Exploration, Exploitation, Processing, and Utilization Planning for various mineral resources for the period 2021-2030, with a vision towards 2050, the Ministry of Industry and Trade also received guidance from Deputy Prime Minister Tran Hong Ha. He emphasized the need to carefully consider mineral extraction activities in balance with environmental protection and the development of other green economic sectors to address the economic and environmental challenges.

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