According to Vietnam "Investment News" reported on September 7, Vietnam Resources and Environment Ministry will soon introduce the new provisions of the Mineral Development, intended to compensate for the vulnerability on the environmental aspects of the decision 71 in 2008.
Under the new regulations, the rights of the mining companies to protect, restore and improve environmental obligations closely integrated, can not escape environmental responsibility. Any enterprise or individual intends to invest in the development of the mineral, the environmental impact report shall be submitted to the government departments, recovery and undertaking specific programs to improve the environment, and pay a special environmental fund. The projects being implemented to supplement the above documents. Enterprises that fail to fulfill their environmental obligations, suspend business for rectification and even the development license revoked.
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