Exports to the EU cannot bypass the Carbon Border Adjustment Mechanism (CBAM)

Exports to the EU cannot bypass the Carbon Border Adjustment Mechanism (CBAM)

VCN - In mid-May 2023, the European Commission issued regulations on the establishment of a Carbon Border Adjustment Mechanism (CBAM) in the EU, requiring businesses to adapt so as not to lose their competitive advantage.
Export turnover of fertilizer rises by 174.3%

Export turnover of fertilizer rises by 174.3%

Fertilizer exports witnessed high growth in both volume and value in the first seven months of the year, according to General Department of Vietnam Customs.
First half fertiliser export revenue exceeds 2021’s figure

First half fertiliser export revenue exceeds 2021’s figure

In the first six months of 2022, fertiliser export turnover surpassed the figure posted for the whole of 2021.
Fake fertilizer is rife

Fake fertilizer is rife

VCN - The source of imported fertilizer has been interrupted, causing fertilizer prices to continuously increase. Many people have produced and traded fertilizers of unknown origin and poor quality to the market for consumption, causing damage to consumer
Policy recommendations to ensure competition in fertilizer sector

Policy recommendations to ensure competition in fertilizer sector

Acts that hinder competition in the fertilizer market, especially urea fertilizer, can have multi-dimensional impacts on many sectors of the economy.
Fertilizer enterprises keep inheriting the opportunity to benefit

Fertilizer enterprises keep inheriting the opportunity to benefit

VCN - According to a recent fertilizer industry report by SSI Securities, the resumption of trade between Russia and European countries will take a long time even after the conflict between Russia and Ukraine cools down.
Exports should be suspended to "cool down" fertilizer prices

Exports should be suspended to "cool down" fertilizer prices

VCN - The Russia-Ukraine conflict has caused world fertilizer prices to hit a record high, thereby pushing domestic fertilizer prices up. Many say that Vietnam should consider suspending fertilizer exports to reduce price pressure.
Fertiliser companies benefit in Covid year

Fertiliser companies benefit in Covid year

VCN- Specifically, in 2020, PetroVietnam Ca Mau Fertiliser Joint Stock Company (DCM) recorded net revenue of 7.6 billion VND, up 7% year-on-year.
Entanglement in fertilizer management

Entanglement in fertilizer management

VCN- Thousands of production facilities and tens of thousands of fertilizer products in the market push farmers into the confusing “matrix” of fertilizers being genuine or fake goods is rampant.
"Clean up" the fertilizer market

"Clean up" the fertilizer market

VCN- The situation of production and trading of fertilizers and pesticides in the whole country is still complicated.
Many imported food items failed to meet standards

Many imported food items failed to meet standards

According to Saigon port area 1 Customs Branch, the unit has discovered and prevented more than 10 cases of imported irregular goods that fail to meet standards in accordance with regulations.
Fertilizer exports see strong growth

Fertilizer exports see strong growth

From a fertilizer importer, Vietnam has become an exporter of the product with 892,000 tonnes shipped abroad in 11 months of this year for 277 million USD a year on year increase of 34 5 percent in volume and 43 percent in value.
Fertilizer management under the new decree: Difficulties come from importing to trading

Fertilizer management under the new decree: Difficulties come from importing to trading

VCN- Decree 108/2017 / ND-CP (Decree 108) on fertilizer management has been promulgated in replacement of Decree No. 202/2013 / ND-CP on fertilizer management. It is difficult for enterprises both in the process of import and production and trading.
Fertilizer enterprises propose for protection of domestic production

Fertilizer enterprises propose for protection of domestic production

VCN- The Competition Management Department issued a document to confirm the validity of enterprises’s dossiers in accordance with the Law on safeguard.
Be careful about applying protective measures to fertilizer

Be careful about applying protective measures to fertilizer

VCN- According to the Ministry of Industry and Trade, the increase in imported fertilizer has clearly injured the domestic producing sector. However, there is a need to be careful when applying trade protective measures for imported urea and DAP fertilize
    Prev         Next    
Mobile Version