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Vietnam fertilizer
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Soaring prices send fertilizer firms' profits skyrocketing
Vietnamese fertilizer firms reported three- and four-digit profit growth in the first half as global prices climbed on surging demand amid post-Covid recovery and the Russia-Ukraine war.
Fertilizer imports from Russia rise by 60 percent
Vietnam imported US$86.8 million worth of fertilizer from Russia in the first five months, up 60 percent year-on-year.
Vinachem sees profits jump 31 times in 6 months
Vietnam National Chemical Group reported profits of VND4.1 trillion ($175.6 million) in H1, up 31 times from 2021, thanks to rising fertilizer prices and post-Covid recovery of the agriculture sector.
July 11, 2022 | 04:15 am PT
