The Russia–Ukraine tensions are forcing Viet Nam to look for alternative suppliers of fertilisers to cope with the shortage of supply and rising prices.
Phung Ha, Vice President and General Secretary of the Vietnam Fertiliser Association, talks about the reasons of high fertiliser prices and solutions to stabilise the market towards the end of this year.
The Ministry of Industry and Trade (MoIT) has decided to extend the imposition of safeguard measures on several imported fertilisers for the next two years.
Quang Binh Import & Export JSC (QBS) plans to sell all its 22 million shares, equivalent to holding rate of 15.17 per cent, at fertiliser firm DAP-VINACHEM JSC (DDV).
Three years after the implementation of a government directive aimed at salvaging 12 failed business projects under the Ministry of Industry and Trade (MoIT), little progress had been made and the majority were still losing money
The Ministry of Industry and Trade (MoIT) has reported some positive signs in the handling of 12 major State-owned projects that have long reported losses, as some have managed to resume operations after suspensions or even record profits.
Ten out of 12 loss-making projects under the management of the Ministry of Industry and Trade (MoIT) have continued falling in the negative numbers, the ministry’s report said.
The Ministry of Industry and Trade (MoIT) has officially issued Decision No. 686/QD-BCT to apply safeguard measures on DAP and MAP fertiliser products imported into Viet Nam.
The Ministry of Industry and Trade (MoIT) has officially issued Decision No. 686/QD-BCT to apply safeguard measures on DAP and MAP fertiliser products imported into Viet Nam.
Following the implementation of a provisional tax on imported fertilisers, the Ministry of Industry and Trade (MoIT) asked for experts’ opinion on the matter as of late Novermber regarding balance of benefits amongt related parties.
The Ministry of Industry and Trade (MoIT) has issued Decision No. 4236 / QD-BCT to extend the deadline for investigating cases of applying safeguard measures for DAP and MAP fertilisers imported into Viet Nam before issuing the final report.
The imposition of temporary safeguard duties on DAP and MAP fertiliser imports into Viet Nam, which came into effect on August 19, is an effort to help protect the domestic fertiliser industry but might push up production costs for farmers.