HÀ NỘI — Today marks the opening of the 6th International Mining & Minerals Recovery Exhibition for Vietnam, known as Mining Vietnam 2024, held at the National Exhibition Construction Center in Hà Nội. This year’s event showcases 200 exhibiting companies from 17 countries and regions, covering an extensive 6,000 square meters of exhibition space. Over the next three days, the exhibition is expected to draw more than 3,000 industry visitors, serving as a key trading hub for those in the mining and construction sectors. Ben Wong, Country General Manager of Informa Markets Vietnam, addressed the opening ceremony, highlighting Vietnam’s significant role as one of ASEAN’s largest mineral producers.
The country is noted for its substantial reserves of coal, bauxite, chromite, titanium, iron ores, and rare earth metals. Wong emphasized the industry’s forward-looking approach: “The challenge for Vietnam is navigating the path to a net-zero economy by adopting greener technologies and more efficient resource utilization. Continued investment in innovation, science, and technology is crucial to enhancing mining processes, ensuring safety, and reducing carbon emissions. We believe Mining Vietnam is pivotal in shaping the future of mining in the Indochina region.” Vietnam boasts over 5,000 mines with 60 different types of minerals. Its coal industry, almost 180 years old, plays a key role in national energy security. Additionally, with an estimated 5.8 million tonnes of bauxite reserves, Vietnam ranks as the world’s second-largest in terms of bauxite ore potential, according to the United States Geological Survey (2023).
The Vietnamese Government has enacted various policies to encourage sustainable practices and resource optimization in the mining and construction industries. Recent initiatives include auctions for mining rights, the amended Environmental Protection Law, and strategic plans for the period 2021-2050 focusing on the exploration, extraction, processing, and usage of minerals as building materials. The domestic construction market in Vietnam is also experiencing robust growth, expected to reach a market size of US$69.20 billion in 2024 with an annual growth rate of over 8.10% from 2024 to 2029, according to Mordor Intelligence (2023). The government’s master plan for the road network from 2021 to 2030 aims to enhance this potential further. Mining Vietnam 2024 is organized by Informa PLC, based in England, underlining the event’s international significance and Vietnam’s strategic importance in the global mining and construction landscapes.
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