Foreign investors can now acquire more than 49 percent of shares, the previous limit on foreign ownership, in PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo), the operator of Phu My fertilizer plant.
Phu My Urea, a brand of fertilizer produced by the PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo), was listed in the Top 40 valuable brands in Vietnam voted by Forbes Vietnam.
Vietnam Dairy Joint Stock Company, Ho Chi Minh City Securities Corporation and PetroVietnam Fertilizer and Chemicals Corporation received the highest assessment from the ACGS.