Vietnam Natural resources

Natural resources: phosphates, coal, manganese, rare earth elements, bauxite, chromate, offshore oil and gas deposits, timber, hydropower

Natural Resources

Oil and Gas

Vietnam’s potential crude oil reserves in the southern offshore area stand at about 270 million tons and are likely to increase substantially with continued exploration.

Vietnam has potential non-associated gas reserves of more than 360 billion cubic meters. Proven associated gas reserves are on the order of 57 billion cubic meters.

Mineral Resources

Vietnam’s primary coal resource, anthracite, is concentrated in Quang Ninh Province in the Northeast. It has potential recoverable reserves of 7-8 billion tons of which 600 million tons are shallow (within a depth of 100 meters). The country also has an abundance of other minerals, including bauxite, iron ore, copper, gold, precious stones, tin, chromate, apatite, and building materials such as granite, marble, clay, silica sand, and graphite.

Other Resources

Vietnam is also very rich in other natural resources including significant hydropower (10,000 MW), marine resources, tropical forest, and agricultural potential. The country has 4 world heritages recognized by UNESCO, beautiful beaches, national ecologic forests, countryside, high-land and historic places.