China’s ally hits Jackpot! Finds mines With 10 tons gold, 16 tons of…, not Pakistan, Bangladesh, North Korea, name is….
Amid rising trade tensions with the United States, China appears to be strengthening ties with Vietnam. Chinese President Xi Jinping’s recent visit to Hanoi raised eyebrows globally especially in Washington. US President Donald Trump didn’t hold back, claiming the visit was meant to “screw” America. But beyond politics, Vietnam has its own big reason to celebrate. The country recently made a major discovery of 12 new mines packed with precious metals. These newly found sites are said to contain over 10 tons of gold and around 16 tons of silver, a significant find that could reshape the nation’s economy.
Thanks to extensive geological surveys across 32 sites, Vietnam is finally tapping into its hidden wealth. The Mid-Central Geological Division reports that around 500 gold-rich areas have been spotted across the country, with 30 of them undergoing deeper assessments. Experts now estimate Vietnam’s total gold reserves to be around 300 tons, mostly located in the northern mountains and central highlands.
Looking ahead, Vietnam plans to dig deeper. Starting in 2025, the Department of Geology and Minerals will launch a focused exploration drive in central provinces like Quang Nam, Quang Ngai, Binh Dinh, and Phu Yen to uncover more mineral potential.
So far, Vietnam officially holds over 25,000 kilograms of primary gold, according to a government-approved report by the National Mineral Reserve Evaluation Council.
One standout location is Bong Mieu in Quang Nam province often referred to as the “gold heartland” of Vietnam. This area has historically supported thousands of jobs and pumped money into the local economy. The Bong Mieu mine, once run by Bong Mieu Gold Mining Co., Ltd., operated for years before its license expired in 2016.
As Vietnam moves forward with plans to harness its gold and silver resources, its growing relationship with China could take on even more strategic value especially in the eyes of global powers watching closely.
Trump slams Xi’s Vietnam visit, says it’s a move against the US
Speaking from the Oval Office, US President Donald Trump didn’t mince words while reacting to Chinese President Xi Jinping’s recent visit to Vietnam. Trump suggested that the meeting was less about diplomacy and more about plotting against the US. “I don’t blame China, and I don’t blame Vietnam either,” Trump told reporters. “It’s a nice little get-together, probably trying to figure out how to mess with the United States.”
Trump’s comments come shortly after he introduced a sweeping set of tariffs under what he’s calling the “Liberation Day” economic plan. Vietnam, along with several other Southeast Asian countries, is now facing a harsh 46per cent tariff rate on select exports.
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