Amendment to tax law on fertiliser in urgent need Business

Amendment to tax law on fertiliser in urgent need

Tax Law No 71/2014/QH13, which treats fertiliser as a VAT-free item, has become a double-edged sword as after five years of implementation it has not reduced domestic fertiliser prices but instead hindered production and investment in the sector.
Mekong Delta agriculture adapts to climate change Society

Mekong Delta agriculture adapts to climate change

The Mekong Delta has restructured agriculture towards climate-change adaptation and market demand by establishing specialised farming areas for its key agricultural products, and by growing other crops on ineffective rice fields or rotating rice with other crops on the same field.
Industrial production expands 10.9 percent in seven months Business

Industrial production expands 10.9 percent in seven months

Vietnam saw strong growth in its industrial production index (IIP) in the first seven months of 2018 thanks to the expansion of many major economic sectors, especially processing and manufacturing, which recorded the highest expansion in the recent seven years.
Vinachem seeks delay in plant equitisation Business

Vinachem seeks delay in plant equitisation

The Vietnam National Chemical Group (Vinachem) has proposed to the Prime Minister to delay the equitisation of the losing Ninh Binh Nitrogenous Fertiliser Plant until it generates profits again in order to ensure effective restructuring.
Ca Mau welcomes millionth tonne of urea Business

Ca Mau welcomes millionth tonne of urea

The Ca Mau fertiliser plant in the southernmost province of Ca Mau on July 26 welcomed its millionth tonne of urea fertiliser – an important milestone in its 16-month commercial life.