Philippine environmental groups demand strict limits on mining

Philippine environmental groups demand strict limits on mining

As the Philippines works to ramp up mining to meet global demand for metals during the green energy transition, environmental groups in the country are demanding strict limits to protect nature and land.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Australian miners look to develop mineral supply chains in Vietnam

Australian miners look to develop mineral supply chains in Vietnam

Two Australian mining companies have expressed interest in tapping Vietnam’s large reserves and developing mineral supply chains in the country.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam conglomerate Thaco eyes $4.2 bln Central Highlands bauxite project

Vietnam conglomerate Thaco eyes $4.2 bln Central Highlands bauxite project

Thaco Group, a leading Vietnamese private conglomerate, is looking to implement a VND103,024 billion ($4.23 billion) project to exploit and process bauxite in the Central Highlands province of Lam Dong.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Fewer Japanese firms in Vietnam expect 2023 profits

Fewer Japanese firms in Vietnam expect 2023 profits

The number of Japanese firms in Vietnam expecting to make a profit this year has fallen 5.2 percent year-on-year to 54.35%, according to a Japan External Trade Organization (JETRO) report.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Masan Group’s 2022 profit down 58.3% after feed business consolidation

Masan Group’s 2022 profit down 58.3% after feed business consolidation

Vietnamese multi-business corporation Masan Group saw its 2022 net profit after tax decline by 58.3% year-on-year to VND3,567 billion ($152 million), primarily due to one-off financial income gains from deconsolidation of its feed business in the last quarter of 2021.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Czech company plans mining expansion, pilot training school in Quang Binh

Czech company plans mining expansion, pilot training school in Quang Binh

The Czech-based DAILY PLAN JSC is seeking to open a pilot training school and expand its mining project in the central province of Quang Binh.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

State mining group leaders disciplined

State mining group leaders disciplined

The chairman, general director, and two deputy general directors of Vietnam Coal and Minerals Group (Vinacomin) were disciplined on Wednesday for violating regulations on management and exploitation of coal.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Thach Khe iron mine project must be scrapped: experts

Thach Khe iron mine project must be scrapped: experts

The gigantic Thach Khe mining project in Ha Tinh should be abandoned as it would seriously damage the environment and impact local living conditions, a former top leader of the central province said.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7