Vietnamese Mineral Law 1999
Country
Year
1999
Summary
Vietnamese Mineral Law 1999. Being natural resources which are an important asset of the nation and which are generally nonrenewable, Minerals must be rationally, economically and efficiently managed, protected, exploited and used for the of satisfying the requirements of national industrialization and modernization, socially and economically sustainable development in the short and long term and maintaining the national defence and security;
In order to reinforce the effectiveness of State management, effectively protect and use all mineral resources of the country; encourage the development of the Mineral Mining and Processing industry; protect the environment and ecology and ensure labor safety in mineral activities;
On the basis of Articles 17, 29 and 84 of the 1992 Constitution of the Socialist Republic of Vietnam; This Law provides for the management, protection and basic geological surveys of mineral resources and mineral activities.