Business

Effective management of mining key to development

The effective management of mining activities will foster comprehensive development as it helps increase state budget collection and improve environment quality and livelihoods of local people.
Effective management of mining key to development ảnh 1A mining area in Vietnam (Photo: VNA)
Hanoi (VNA) – The effective management of mining activities willfoster comprehensive development as it helps increase state budget collectionand improve environment quality and livelihoods of local people.

Trinh Le Nguyen, Director of the People and Nature Reconciliation (PanNature)centre - a Vietnamese non-governmental organisation, made the remarks at aconference held in Hanoi on January 30.

Evaluating the Resource Governance Indexin 2017, Jelson Garcia, Director of the Natural Resource Governance Institutefor Asia-Pacific, said that the tight control of oil exploitation and miningactivities was rarely seen in Vietnamese localities.

Vietnam had weak resource governance, he said, adding that the country has amix of strong and problematic areas of governance, which means resourceextraction can help society but it is likely that the eventual benefits areweak.

At the conference, experts suggested measures to build a rational governancemodel for the comprehensive development of Vietnam’s mining industry.

They said that the Government of Vietnamshould place focus on enforcing environmental regulations, protect benefits oflocal people and distribute incomes to localities.-VNA
VNA
#Vietnam #mining activities #comprehensive development #state budget collection #environment quality #non-governmental organisation #2017 Resource Governance Index #oil exploitation #resource governance #mining industry #vietnamplus #Vietnam News Agency
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