PetroVietnam Fertilizer and Chemicals Corporation with the brand name Dam Phu My (DPM) has produced 5 million tonnes of urea fertilizer after seven years of operation, helping the country save US$ 1.8 billion from not importing fertilizer. To acknowledge this achievement, Prime Minister Nguyen Tan Dung presented DPM a certificate of merit. Addressing the ceremony [...]
Deputy Prime Minister Hoang Trung Hai has ordered the Ministry of Industry and Trade to put the Ca Mau fertiliser plant on a trial operation before the end of this year. The plant was scheduled to finished mechanical instalment before August 30 and trial performance before November 15, 2011. Hai said the issuance of management [...]
Vietnam has spent $846 million importing 2.1 million tons of fertilizers in the first seven months of this year, up 65% in value and 31.8% in volume, the Vietnam Fertilizers Association reported. In the period, Vietnam produced 925,900 tons of phosphates, rising 6.9% on year, 1.2 million tons of NPK, increasing 31.1% and 123,000 tons [...]
The PetroVietnam Fertilizer and Chemicals Joint Stock Company (PVFCCo) officially opened a branch in Cambodia last Friday in an attempt to sell products directly to local farmers. Since the establishment of its representative office in Phnom Penh in May 2010, PVFCCo, an affiliate of the Viet Nam National Oil and Gas Group (PetroVietnam), has sold [...]
Deputy Prime Minister Hoang Trung Hai called on PetroVietnam Fertiliser and Chemicals Corporation (PVFCCo) to stabilise fertiliser prices and maintain reserves as required by the Government last Wednesday. Reportedly, selling prices of urea fertiliser increased by VND1.6 million (US$77) per tonne. PVFC Co plans to save input costs and balance the quantity of fertiliser imported.
The price of sugar had gone down while those of six other essential goods had gone up in the first four months of the year, the Ministry of Finance said. Chemical fertilisers showed the highest price increase, up 25 per cent, while the lowest was animal feed, up 1.05-2.56 per cent. Enterprises in Ha Noi [...]
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