PVFCCo expands business in Cambodia

PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo), a member of Vietnam National Oil and Gas Group (PetroVietnam) on May 7 opened its representative office in Cambodia’s capital city of Phnom Penh.

Present were Cambodian Deputy Prime Minister Men Sam An, Vietnamese Ambassador Ngo Anh Dung, senior trade and agriculture officials from the two countries along with PetroVietnam’s representative Hoang Xuan Hung.

Addressing the opening ceremony, Deputy PM Men Sam An said she hopes the business will develop for the benefit of both PVFCCo and Cambodian farmers. She also expressed her belief that PVFCCo will succeed, generating tax revenues and giving Cambodian farmers high-quality products.

PVFCCo expands business in Cambodia

PVFCCo’s general director Phan Dinh Duc said the corporation hopes to contribute to boosting fine traditional friendship between the two nations, especially in economics and agriculture.

After the ceremony, PVFCCo signed three memoranda of understanding with their partners in Battambang province.

On the occasion, the corporation presented 25 tonnes of fertilizer to farmers in the Cambodian provinces of Battambang and Prey Veng.

Over the past time, the company has conducted a series of experiments in Kampong Cham and Battambang provinces in an effort to reach the agricultural output target of 8.6 tonnes per ha.

VOVNews

Tags: , ,

Posted by VBN on May 9 2010. Filed under Enterprises. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

You must be logged in to post a comment Login

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS China Business News

  • India gold futures recovered partially on Thursday afternoon
  • Gold price stood above VND47 million a tael (1.2 ounces) on September 8
  • UBS AG hiked its gold forecast for next year by 50% to $2,075 a troy ounce
  • U.S. gold futures contract rose 1.6 percent to $1,846.6 after 3 pct drop
  • Gold price witnessed a decline of Rs 240 per sovereign on Thursday
  • Gold futures regained strength on Thursday
  • Russia’s gold and foreign exchange reserves rose to $543.4 billion
  • Gold price rebounds after overnight dips as bargain hunters step in

Sponsored

Looking for an overseas forex broker?