Today, as the world’s resources become increasingly tight, a country’s resource reserves are often the main criterion for measuring the country’s national strength. How to protect the limited resources of the country and use it reasonably is an important national policy of all countries.
Vietnam intends to substantially increase the tax rate of mineral resources According to Vietnam's new tax rate table, among metal mines, gold and rare earth mines have the highest resource tax rate of 15%; followed by aluminum and vanadium ore, with a tax rate of 12%; The third is manganese ore and titanium ore with a tax rate of 11%. The resource tax rate of the remaining minerals such as copper, nickel, mercury, magnesium, silver, tin, lead, zinc, tungsten and other minerals is 10%. According to the current tax system, the resource tax rate for iron, manganese, titanium, silver, tin, tungsten, lead, zinc, aluminum and other minerals is only 7%.
The new tax rate table also raises the resource tax rate for non-metallic minerals by 1-4%. Among them, diamonds, rubies, sapphires have the highest tax rate of 22%, all kinds of quartz mines have a tax rate of 15%, the glass used to make glass has a tax rate of 11%, and the rates of kaolin, refractory clay, granite and sand. 10%.
There are many types of mineral resources in Vietnam. There are many types of mineral resources in Vietnam. Currently, gold, silver, copper, iron, lead, zinc, antimony, molybdenum, nickel, tungsten, chromium, manganese, uranium, tin, titanium, antimony, Coal, sulfur, mercury, petroleum, natural gas, barite, bauxite, quartz, mica, magnet, apatite, saltpetre, graphite, gypsum, phosphate, asbestos, gemstone, limestone, fat coal, rare earth, kaolin, More than 90 kinds of minerals such as refractory raw materials, white sand, mineral salt and mineral water, among which oil, natural gas, coal, apatite, bauxite, iron, titanium, tin, manganese, chromium, Rare earths, phosphates, gemstones and mineral water.
Bauxite: The estimated reserves of bauxite in Vietnam are 12 billion tons, which are concentrated in the areas of Deonong (2.5 billion tons) and Baolu (220 million tons) in Xiyuan. The grade is medium and easy to mine.
Chromium ore: The total reserves of chrome ore are about 19 million tons, mainly distributed in the Guding area on the outskirts of Qinghua. It is said that Vietnam's chromium reserves account for 15% of the world's total reserves, ranking second in the world.
Titanium ore: The reserves of titanium ore are up to 10 million tons, most of which are distributed along the coastal area from Mangjie to Hexian, which is easy to mine and easy to select.
Tin mine: At present, the reserves of tin mines in Vietnam have been proven to be 86,000 tons, mainly concentrated in Jingping, Gaoping, Shanyang, Huanglianshan, and Kwaihe, Yijing. At present, the annual mining volume is several thousand tons.
Rare earth: The rare earth reserves are about 10 million tons, mainly concentrated in the Laizhou area, and most of them are light.
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