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Vinachem posts highest 9-month profit ever

Vinachem posts highest 9-month profit ever

The Vietnam National Chemical Group (Vinachem) has earned its biggest-ever profit of the first nine months of a year, nearly trebling the annual target at VND5.4 trillion ($229.8 million).
Soaring prices send fertilizer firms' profits skyrocketing

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.
July 28, 2022 | 05:53 pm PT
Vinachem sees profits jump 31 times in 6 months

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
Bahamas investor sells off stake in Vietnamese detergent company

Bahamas investor sells off stake in Vietnamese detergent company

America LLC has sold its entire 9.33 percent stake in Vietnamese detergent powder producer NETCO.
December 18, 2019 | 12:40 am PT
Vinachem wants to sell off sinking chemical plant to pay debts

Vinachem wants to sell off sinking chemical plant to pay debts

State-owned chemical group Vinachem, facing mounting pressure from debts, wants to sell a major fertilizer plant to pay them off.
March 28, 2019 | 05:22 pm PT
Vinachem tries to sell Lao potassium mine

Vinachem tries to sell Lao potassium mine

State-owned chemical group Vinachem is trying to retrieve investment and minimize losses from a half-built Lao potassium mine.
March 1, 2019 | 11:55 pm PT
Vietnamese SOEs losing millions from foreign investment projects

Vietnamese SOEs losing millions from foreign investment projects

Poor judgment and lack of experience in foreign markets have been blamed for the losses.
May 12, 2018 | 06:00 am PT
A closer look at Vietnam's troubled fertilizer plant as bankruptcy threat looms

A closer look at Vietnam's troubled fertilizer plant as bankruptcy threat looms

Losses have piled up at the $533 million Ninh Binh plant, with a thousand workers facing an uncertain future.
November 18, 2016 | 07:12 pm PT
 
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