The Lam Dong Aluminum-Bauxite Complex Project of the Vietnam Coal and Mineral Industries Group (Vinacomin) has exported 411,000 tonnes of aluminum since operation began in December 2013.
The Lam Dong Aluminum-Bauxite Complex Project of the Vietnam Coal andMineral Industries Group (Vinacomin) has exported 411,000 tonnes ofaluminum since operation began in December 2013.
Theinformation was released at a Bauxite Complex Project’s meeting in thecentral highlands province of Lam Dong on August 15.
In the past seven months alone, the company shipped abroad a record high 251,000 tonnes of aluminum. According to Vinacomin’s representatives, these aluminum products wereexported to many markets such as Switzerland , the Republic ofKorea , Singapore , China , and Hong Kong.The group is currentlyexpanding into Malaysia and in the Middle Eastern countries.
In domestic market, Vinacomin provided 100 tonnes of aluminum products per month to local customers.
The Tan Rai Bauxite Plant has produced nearly 352,000 tonnes ofalumina products and 533,000 tonnes of aluminium hydroxide since itbegan operations in October last year. The plant is projected to surpassthe benchmark of 500,000 tonnes of aluminum products (equivalent to70-80 percent designed capacity) by the end of this year.
The plant is scheduled to be in full operation next year./.
Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
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The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
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A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
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