MOIT VIETNAM | Vinacomin: Ensuring the progress of the important projects

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Vinacomin: Ensuring the progress of the important projects

2nd September 2015 post by MOIT Vietnam

The Tan Rai and Nhan Cơ projects for alumina production are two important projects deciding development of the aluminum industry in Vietnam, hence, Vinacomin will focus directing these projects to be fulfilled in time with the socio-economic efficiency and environmental protection guarantee for meeting the trust to a new industry.

At the same time, the Group will strengthen activities of propaganda and explanation for creating a consensus from top to down of the authority levels and the people.

Recently, Deputy Prime Minister Hoang Trung Hai assigned the Ministry of Industry and Trade, Ministry of Natural Resources and Environment to accelerate licensing coal and mineral exploration and exploitation, especially for timely implementing the pilot project of mining coal in Red river Delta in accordance with the progressive. In the process of implementation, if there will be any difficulties or problems, ministries, Vinacomin need to report to the Prime Minister for consideration and decision.

In 2014, the production and business activities of the Vinacomin were effective and profitable; the economic targets - sustainable; the growth rate of mechanical sector - 13%; the other economic targets had been reached and exceed the plan.

Beside the achieved successes there were still some shortcomings as the labor safety business, and application of new technologies; progress of implementation of investment projects of basic construction; resources authorizing business management... that's the challenges requiring Vinacomin to take the more strong and drastic measures to overcome.