Da Nang Tightens Mineral Management, Cracks Down on Hoarding and Price Gouging

Da Nang authorities are implementing stringent measures to manage mineral resources and stabilize prices, targeting illegal mining, hoarding, and price gouging. The city has seen a surge in demand for construction materials such as stone, sand, and soil, with legal supply struggling to keep pace at times.

City Chairman Nguyen Manh Hung has directed relevant departments and local authorities to review mineral supply, streamline licensing processes, and intensify oversight of mining, transportation, and sales of building materials. The focus is on ensuring a stable and legal supply chain to meet the growing needs of construction projects.

Enforcement agencies are tasked with closely monitoring construction material prices, controlling investment costs, and cracking down on speculative practices that lead to unreasonable price hikes. The police department will continue targeted campaigns against illegal extraction, production fraud, and the use of falsified documents to legitimize mineral origins and evade taxes.

Local authorities in wards and communes are also instructed to enhance patrols and inspections to promptly detect and address violations at the grassroots level. These efforts come as Da Nang grapples with consistently high building material prices, which have impacted the progress of major projects and increased overall costs. Since early 2025, Da Nang police have investigated 116 violations related to minerals and construction materials, involving 154 individuals, leading to 3 cases prosecuted and 8 defendants charged, alongside administrative fines totaling nearly 4 billion Vietnamese dong.