On June 5th, the Department of Agriculture and Environment in Hue City announced that they have requested the Hue City Asset Auction Service Center to temporarily halt the auction of mining rights for two mineral mines in the area. This decision was made due to the discovery of potential violations in the participation applications of several organizations.
Hue temporarily halts the auction of mining rights for two mineral mines with reserves of millions of cubic meters due to suspected legal violations by participating units. Illustrative image
Prior to this, on April 28th, the Department of Agriculture and Environment of Hue City signed a contract with the Hue City Asset Auction Service Center to organize the first auction of 2025 for two mineral mines. These included a mine for soil used as filling material in Duong Hoa, Huong Thuy Town, and an ordinary construction stone mine in the North of Khe Ly, Long Ho Ward, Phu Xuan District, Hue City.
The auction was scheduled to take place at 8:30 AM on June 6th. However, just before the event, the Department received information from authorities indicating potential violations in the asset auction regulations by some participating organizations.
As a result, the Department has requested a temporary halt to the auction in order to investigate and verify the information. This ensures that the auction process complies with legal regulations and protects the rights and interests of all involved parties. Once the investigation is concluded, an official announcement will be made regarding the rescheduled auction.
According to previously announced information, the two mineral mines have a large scale with an estimated value of tens of billions of dong. Specifically, the soil mine in Duong Hoa has a reserve of approximately 3.3 million cubic meters, with a starting price of nearly VND 5.2 billion, a deposit of nearly VND 776 million, and a bidding price increment of 10% of the mineral exploitation fee.
The stone mine in Bac Khe Ly has a reserve of about 4 million cubic meters, a starting price of nearly VND 16 billion, a deposit of nearly VND 2.4 billion, and a similar bidding price increment of 10%.
In 2024, the Chairman of the People’s Committee of Thua Thien-Hue Province (now Hue City) issued Official Letter No. 3770/UBND-XD on strengthening the management of mineral exploitation activities in the province. The letter instructed relevant departments, sectors, and localities to proactively develop and effectively implement security plans for mineral exploitation right auctions.
Unveiling the ‘Red and Blue Army’ Scheme: A Exposé on the Thuan An Corporation’s Billion-Dollar Project
In Package Bid No. 26 of the Tuyen Quang – Phu Tho Expressway Project, the Thuan An Group colluded with its partners in the joint venture to gain access to ‘confidential’ documents by connecting with individuals in relevant authorities. They orchestrated a scheme involving ‘decoy bids’ to secure the contract illegitimately.
“Vietnamese Authorities Request Files on 12 Businesses Linked to Mineral Extraction in Thanh Hoa”
To investigate and verify signs of illegal activities in the mining operations in Thanh Hoa province, the Police Department for Corruption, Economy, and Smuggling Investigations under the Ministry of Public Security has requested relevant departments to provide documents pertaining to 12 businesses.
The Illicit Mining Scandal: Uncovering Hundreds of Thousands of Cubic Meters of Stolen Minerals in Da Nang
The Danang Department of Natural Resources and Environment conducted an inspection and discovered several mineral mines operating without valid land lease documents.
Unlicensed Mining: Heavy Fines for Bac Ninh’s Thong Nhat Company
The People’s Committee of Bac Ninh province imposed a fine of VND 120 million on Thong Nhat Development Investment and Trading Joint Stock Company, located on the 3rd floor of Cat Tuong New Apartment, Ly Thai To Street, Ninh Xa Ward, Bac Ninh city, for illegal mineral exploitation.
No ‘Task, Two Persons’ in Mineral Resource Management
This morning, August 26th, Deputy Prime Minister Tran Hong Ha chaired a meeting at the Government Headquarters with leaders of relevant ministries and sectors to discuss and provide feedback on the draft Law on Geology and Minerals.
