Collection of charge for granting mining right in Vietnam from September 15, 2019
On July 31, 2019, the Government of Vietnam issued Decree No. 67/2019/NĐ-CP prescribing charges for granting mining right and calculation methods thereof.
Article table of contents
From September 15, 2019, the rate of charge for granting mining right (R) is a percentage (%) of the value of the crude ore in the permitted mining area.
R of each mineral group/type is prescribed in Appendix I enclosed with Decree No. 67/2019/NĐ-CP of Vietnam’s Government. In particular:
- Sand, gravel, river bed, stream, alluvial ground; brick clay: R = 5%;
- Peat: R = 1%;
- Coal (except peat): R = 2%;
- Block stone for paving: R = 1%;
- White sand, refractory clay, kaolin, diatomite: R = 2%;
- Iron, manganese, titanium: R = 2%;
- Placer tin, tungsten, chromite: R = 2%.
View more details at Decree No. 67/2019/NĐ-CP of Vietnam’s Government, effective from September 15, 2019.
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- Decree No. 67/2019/NĐ-CP
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