The Government has issued a decree that stipulates that environmental fees will be levied on mining activities from January 1.
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| Environmental fees to be levied on mining activities |
According to the regulation, an environmental fee of VND40,000-VND60,000 (USD1.9-USD2.8) per tonne will be imposed on iron ore exploitation operations.
The mining of materials for tile production and fine art stones will have to pay an environmental fee of from VND50,000-VND70,000 (USD2.4-USD3.3) per cubic metre.
Fees of between VND500 and VND3,000 per tonne will be levied on exploitation of ordinary stone used in construction and VND3,000-VND5,000 per cubic metre of sand.
Crude oil exploitation activities must also pay a fee of VND100,000 (USD4.8) per tonne.
Coal gasification will be charged VND50 per cubic metre, and exploitation of natural gas, VND35 per cubic metre.
Authorities in localities nationwide will be given the power to define and adjust the level of environmental fees for particular types of minerals.
The fees will be added to local budgets to foster environmental protection policies.
