Before the Government''s Decree No. 108/2017/NĐ-CP on fertiliser management issued in September 2017, businesses self-proclaimed quality and standards on packages and were responsible for the declared information.
The Cà Mau Petroleum Fertiliser JSC (PVCFC) is preparing high-quality shipments to officially enter Australia and New Zealand, two of the world''s most demanding fertiliser markets.
Việt Nam aims to use organic fertiliser for 50 per cent of the total cultivation area nationwide by 2050, and have at least 80 per cent of centrally-run cities and provinces build organic fertiliser farming models as part of value...
Việt Nam''s fertiliser import volume reached the highest in more than two years in August, according to the General Department of Customs, while prices fell over the previous year.
For the first six months of the year, PVCFC’s net revenue ped 26.2 per cent over last year to VNĐ6.03 trillion, with profit after tax posting a decrease of 79.5 per cent to VNĐ519.5 billion.
Falling selling prices and rising costs have caused the profits of most fertiliser businesses to plunge, after recording high profits in the previous few years.
The market has continued to witness a sharp in prices, with urea fertiliser currently at its lowest price point in over two years. As a result of domestic production, enterprises now have an excess of urea that they can export.