Vietnamese fertiliser exports were riding high in 2022 with an aggregate volume of 1.7 million tonnes, bringing in over 1 billion USD.

A promising export market contributed positively to the sharp increase in profits of many fertiliser and chemical enterprises.

Fertiliser exports have set a new record, as the nine-month revenue was already US$300 million higher than last year’s figure, the Dau tu (Vietnam Investment Review) reported.

The proposal to impose a 5 per cent tax on inorganic fertiliser exports may increase costs and reduce the competitiveness of Vietnamese fertilisers.

The Ministry of Agriculture and Rural Development (MARD) has proposed a value-added tax on fertiliser products to support domestic producers.

Fertiliser companies reported profit up by 5-10 times in the first quarter of this year compared to the same period in 2021, mainly thanks to the strong increase in average ...

Fertiliser prices are expected to increase this year so the Ministry of Agriculture and Rural Development must have solutions to stabilise the domestic fertiliser market.

Analysts forecast that Việt Nam's fertiliser industry will continue to grow in the short term thanks to the opportunity to increase its market share in the international market.

The recovery of global demand to rebuild economies while supply disruptions remain has pushed prices of a series of goods to record highs since mid-2020.

On the first day of March, Lao Cai Customs implemented clearance procedure for thousands of tonnes of goods of all kinds, with the main imported items from China fertiliser

Vietnam wastes at least 23 trillion VND 1 billion USD annually on fertilisation experts said and called for replacement of conventional fertiliser with more hi tech products

Vietnam spent 338 million USD to import 1 22 million tonnes of fertiliser in the first quarter of this year, up 31 5 percent in volume and around 24 percent ...