Egypt’s Kayan for International Trade will supply apatite ore to fertiliser plants in Việt Nam run by Vietnam National Chemical Group (Vinachem), leveraging its advantages in supply capacity, competitive pricing, and optimal logistics costs.
The move is expected to lay the foundation for the two sides to implement specific cooperation programmes in the future, which will help build a cohesive and efficient supply chain along with logistics and industrial production to serve the overall...
According to Vinachem Chairman Phùng Quang Hiệp, the group and its member companies are focusing on maintaining a stable supply of raw materials for production.
Vinachem proposed that the Lao Government direct relevant ministries to resolve remaining administrative issues, helping to accelerate the project and ensure it stays on schedule.
The event forms part of a series of activities to commemorate the 135th birthday of President Hồ Chí Minh and kickstart Vinachem’s green transformation and digitalisation campaign within the chemical sector.
The agreement focuses on collaboration in research, training, innovation, transforming green production and the development of products serving the semiconductor, new energy, electronics and automation industries.
VINACHEM EXPO 2024 opened on Wednesday at the Saigon Exhibition and Convention Centre, fostering business exchanges and opportunities for domestic and foreign companies.
Despite challenges, the group was able to achieve a total import-export turnover of $675 million, with exports reaching $465 million or 90 per cent of the year''s plan.
The Viet Nam Rubber Group JSC (VRG) plans to invest in tyre and tube production via mergers and acquisitions (M&As) over affiliate companies of the Viet Nam Chemical Group (Vinachem).
The Viet Nam National Chemical Group (Vinachem) has sent a document to Viet Nam Fertiliser Association, asking the National Assembly to add fertiliser to the list of products subjected to value added tax (VAT).
Quang Binh Import & Export JSC (QBS) plans to sell all its 22 million shares, equivalent to holding rate of 15.17 per cent, at fertiliser firm DAP-VINACHEM JSC (DDV).