Vietnam Okays Industrial Explosives Development Plan by 2015
Vietnam Prime Minister Nguyen Tan Dung has recently approved a development plan for the country’s industrial explosives sector to 2015, a vision forward 2020, government’s website reported.
Accordingly, the country will invest VND1.29 trillion (US$80 million) in the 2007-2015 period and VND500 billion to 2025 to carry out necessary tasks to equip the sector with modern technologies and staff training.
Vietnam will enhance comprehensive research of domestic chemical institutes and cooperation with foreign establishments, the source noted, adding that special attention will be paid to explosives production for oil exploration sector.
The country will step by step specialize in services and commercial activities on this field.
Currently, around 1,500 units are allowed to use explosives in Vietnam. Only six state owned enterprises are permitted to produce this kind of chemical, five is under the Ministry of Defense and the last is controlled by the Ministry of Industry and Trade.
Vietnam is forecast to use 96,000 tons of explosive in 2007, up from 21,000 tons in 2000. Up to 96 per cent of those are produced by domestic enterprises. (
www.vietnam.gov.vn)
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