DA asks Vietnamese firm to build fertilizer factory in PHL

Quick Summary:

The Department of Agriculture (DA) is urging a Vietnamese fertilizer manufacturer to put up a factory in the Philippines to make its products more accessible to local planters.

The DA noted that discussions concluded with optimism for a fruitful partnership, highlighting mutual benefits and the potential for significant advancements in agricultural technologies between the two countries.

It has several factories with a combined capacity of 1 million metric tons (MMT) that supply 30 percent of Vietnam’s fertilizer requirements.

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Article Details

Author / Journalist: Ada Pelonia

Category: BusinessStartups

Markets: PhilippinesChinaVietnam

Topics: Binh Philippines Vietnamese Potential Agriculture Supply Agricultural Dien Fertilizer Vietnam Country

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-10 @ 14:49:53 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 476 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 21566628

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Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 25 posts per day

Year Established: 2005

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News Last Updated: 20 hours ago

Coverage Areas: Philippines

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