Throughout its 45-year history of operation, the Vietnam Oil and Gas Group (PetroVietnam) has faced numerous difficulties and challenges, but with the trust and support of the Party and State, the group has weathered all storms to fulfill its mission and contribute greatly to national socio-economic development.
PetroVietnam Fertiliser and Chemicals Corporation (PVFCCo) on June 7
signed the EPC Contract with an international contractor consortium to
revamp the Phu My NH3 and NPK complex.
The Vietnam stock market returns to its position as an important capital
mobilisation channel, when capital flows not only come from domestic
investors, Vietnam Chamber of Commerce and Industry says on its website.
Deputy Prime Minister Hoang Trung Hai has urged the PetroVietnam
Fertiliser and Chemicals Corporation (PVFC) and its Phu My Fertiliser
plant to develop products which are in short supply in Vietnam in an
effort to gradually ease the country’s reliance on imports.
Over the past five years, PetroVietnam Fertilizer and Chemicals
Joint Stock Company (PVFCCo) has produced nearly 3.5 million tonnes of
fertilizer, saving the country 1.3 billion USD against importing the
product.
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