Export tariff on NPK fertilizer cut to 0%
New tax rate effective from July 15.
Topic: fertilizer
2022 fertilizer exports surpass $1bln
Over 1.6 million tons of fertilizer exported last year.
Fertilizer and chemical enterprises reported a sharp drop in profits
VnEconomy's statistics show that, as of October 19, there were 9 companies in the chemical fertilizer industry that announced their financial statements for the third quarter of 2022. Many large companies reported a sharp increase in profits compared to the same period in 2021, but compared to the previous month, they decreased sharply or moved sideways. Meanwhile, many smaller companies reported a sharp drop in profits in the past period.