The Law on Geology and Minerals 2024 represents a significant shift toward planning-based, lifecycle-oriented resource governance. It emphasizes strategic, science-based surveys before exploitation, environmental protection, and public participation. The law also promotes transparency in mineral rights auctions and ensures a balance of benefits among the State, businesses, and local communities.
Issuing bodies: | National Assembly of the Socialist Republic of Vietnam | Gazette number: | 1533 to 1536-12/2024 |
Official number: | 54/2024/QH15 | Gazette dated: | 30/12/2024 |
Types of documents: | Law | Signer: | Tran Thanh Man |
Issuing date: | 29/11/2024 | Expiry date: | |
Effective date: | 01/07/2025 | Effect status: | In force |
Fields: | Natural Resources - Environment | Updated date: | 29/11/2024 |