The Viet Nam National Chemical Group (Vinachem) has sent a document to Viet Nam Fertiliser Association, asking the National Assembly to add fertiliser to the list of products subjected to value added tax (VAT).
The Việt Nam National Chemical Group (Vinachem) has registered to auction all 11.45 million shares it holds in Duc Giang Chemical Group JSC (DGC), equivalent to 8.85 per cent of DGC’s capital.
The Viet Nam National Chemical Group (Vinachem) plans to auction more than 461.5 million shares of Southern Chemicals Import and Export JSC (Southchimex) with an initial bid price of VND253,300 (US$10.94) per share.
In the first quarter of this year, Vinachem focussed on enhancing its production capacity, accelerating exports while speeding up implementation of its under-way projects.
Viet Nam National Chemical Group (Vinachem) has proposed to the Prime Minister to delay the equitisation of the losing Ninh Binh Nitrogenous Fertiliser Plant until it generates profits again in order to ensure effective restructuring.
The Viet Nam National Chemical Group (Vinachem) is set to sell all of
its shares in Hanoi Soap Joint Stock Company (XPH), according to Hanoi
Stock Exchange.
The Viet Nam National Chemical Group (Vinachem) is targeting a 7.2 per
cent increase in its industrial production value to more than VND45
trillion ( US$2.14 billion) and a similar rise in revenues to over VND49
trillion ($2.33 billion) this year.