November 5, 2024 | 10:44 GMT +7
November 5, 2024 | 10:44 GMT +7
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On the evening of March 15, 2023, the PH Giang Minh vessel arrived in PTSC Phu My port to receive more than 19,000 tons of Phu My urea from PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo) for export. In addition to the volume of breakbulk cargo (50 kg/ton), this is the first bulk export consignment in 2023, which is regarded as a significant event for PVFCCo in particular and the Vietnamese fertilizer market in general.
In recent years, PetroVietnam Fertilizer and Chemicals Corporation has concentrated on developing export markets with rapidly increasing annual volumes, and the company's prestige and position as a fertilizer exporter has been acknowledged on the international fertilizer business map.
Particularly in 2022, PVFCCo's urea export output reached the highest level ever, estimated at over 190 thousand tons. The foreign markets where PVFCCo's products have been present are mostly large and demanding markets such as India, Australia, Korea, Japan, Thailand, Taiwan, Philippines, etc.
The export business expansion is not only an important solution but also a pretext and a source of experience for PVFCCo to soon realize its vision of becoming an international standard enterprise with a global brand and international business extension as part of its new period development strategy.
20 consecutive years honored with High-quality Vietnamese Goods
On the same day of March 15, PVFCCo continued to be honored to be voted by consumers as High-quality Vietnamese Goods (HVNCLC) for the 20th consecutive year.
PVFCCo has been awarded this title since the first year the company’s Phu My nitrogenous fertilizer product entered the market and has continuously maintained this title for the past 20 years.
This March marks the 20-year milestone of PVFCCo's formation and development. In order to continuously maintain the title of HVNCLC for two decades and always be a leader in the fertilizer industry, PVFCCo has constantly strived to achieve, explore, and apply the most modern and advanced science and technology to produce and supply to the market tens of millions of tons of Phu My high-quality fertilizer according to international standards.
In 2022, PVFCCo has launched a specialized product line for urban agriculture (Phu My garden) dedicated to popular crops in urban areas such as leafy vegetables, root vegetables, fruit trees, flowers and plants, etc.
In terms of administration, PVFCCo is also constantly improving and perfecting the management model towards modernity, transparency according to international standards, and sustainable development, and is considered one of the best listed enterprises in Vietnam.
Besides the main task of production and business, PVFCCo is also a leading enterprise in implementing social responsibility and activities to directly support farmers, thereby earning the trust and favor of consumers.
It is known that the survey, Consumers Vote for High-Quality Vietnamese Goods in 2023, was deployed, organized, and implemented for nearly five months, from September 2022 to January 2023. The results recorded more than 61,000 votes for enterprises, from direct point-of-sale surveys to consumer surveys to online surveys to collect consumers’ opinions and votes nationwide.
According to the Organization Committee, the 27th program is toward green development, which is essential for Vietnamese goods' future development as well as Vietnam’s economy in the global integration process.
Translated by Huyen Vu Thu
(VAN) Chinese consumers demand significantly for agricultural products in general and fruits in particular; however, meeting the market requirements is challenging.
(VAN) As consumer demand shifts toward specialty and high-quality teas, innovation and 'premiumization' are key drivers for market expansion.
(VAN) The provinces of Central Vietnam are assisting Nhat Thanh Food Company in establishing a Halal certification process with the aim of exporting goat and sheep meat products to Muslim countries.
(VAN) Ca Mau's shrimp export revenue in 2023 reached over 1 billion USD, marking the fourth consecutive year the province has surpassed this milestone.
(VAN) Despite these factors, the FAS forecasts a 43% year-on-year decline in ending stocks for 2024-25 to 3 million tonnes.
(VAN) Ninh Thuan and Ben Tre established effective connections and trade with Halal markets by exploiting the agricultural suitability.
(VAN) However, in terms of value, Vietnam only ranks second, accounting for a proportion of 12.1%, much lower than the 39.6% of the largest tea supply market, Sri Lanka.