THE MINISTRY OF FINANCE
-------
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
------------
No: 18/2003/TT-BTC
Hanoi, March 19, 2003
 
CIRCULAR
GUIDING THE REGIME OF COLLECTION, PAYMENT, MANAGEMENT AND USE OF FEE FOR EXCLUSIVE MINERAL EXPLORATION
Pursuant to the Charge and Fee Ordinance No. 38/2001/PL-UBTVQH of August 28, 2001;
Pursuant to the Governments Decree No. 57/2002/ND-CP of June 3, 2002 detailing the implementation of the Charge and Fee Ordinance;
Pursuant to the Governments Decree No. 76/2000/ND-CP of December 15, 2000 detailing the implementation of the Mineral Law (amended);
The Ministry of Finance hereby guides the regimes of collection, remittance, management and use of fee for exclusive mineral exploration as follows:
I. GENERAL PROVISIONS:
1. This Circular shall apply to Vietnamese as well as foreign organizations and individuals that are granted permits for exclusive mineral exploration in the Vietnamese territory.
2. In this Circular, the following terms shall be construed as follows:

>> See also:  DECREE No.107/2009/ND-CP ON TRADING OF LIQUEFIED PETROLEUM GAS THE GOVERNMENT

a) Minerals means natural resources lying underground or on land surface in the forms of natural concentrations of minerals, useful mineral substances in solid, liquid or gaseous form, which are exploitable at present or in the future.
Minerals and mineral substances lying at dumping sites of mines, which can be re-exploited later, are also minerals.
 

>> See also:  How to establish a foreign-invested company in Vietnam?