Phuc Son Cement violates mineral licence

Phuc Son Cement's exploited mineral volume has exceeded the volume it initially licensed in 1996, said the State Audit of Vietnam (SAV) in an inspection report submitted to the country's Prime Minister and Chairwoman of the National Assembly of Vietnam. Phuc Son Cement Corporation will now be under investigation due to violations in exploiting minerals.

Phuc Son Cement has reportedly used out-dated technology to exploit resources, causing serious environmental pollution, says Dantri newswire.

According to the SAV, the firm shows signs of violation and estimated that the firm will have to pay VND266.6bn (US$11.69m) in natural resources tax and environmental protection fees, among others.
The State Audit will send the inspection results to Haiphong’s public security department to clarify its violations.