Vietnam's fertilizer major PVFCCo launches new product using 100% potassium sulphate

By An Nhien, Minh Hue
Mon, July 28, 2025 | 10:19 am GMT+7

Petrovietnam Fertilizer and Chemicals Corporation (PVFCCo or Phu My Fertilizer), has officially introduced its new product to the market: NPK PHU MY 15-15-15+5S+TE SOP, an advanced nutritional solution that contributes to the sustainable development of Vietnam’s agricultural sector.

The product is manufactured at the Phu My NPK plant in former Ba Ria-Vung Tau province (now part of Ho Chi Minh City after their merger), using modern chemical technology from Spain’ Incro S.A., with a production capacity of up to 250,000 tons per year.

Notably, it uses 100% premium potassium sulphate (SOP), a chlorine-free potassium source, making it ideal for chlorine-sensitive crops such as durian. This helps enhance nutrient absorption, improve crop quality, and effectively prevent fruit hardening disorders.

NPK PHU MY 15-15-15+5S+TE SOP, a new product of PVFCCo. Photo courtesy of the company.

NPK PHU MY 15-15-15+5S+TE SOP, a new product of PVFCCo. Photo courtesy of the company.

NPK PHU MY 15-15-15+5S+TE SOP features a balanced 15-15-15 nutrient formula, enriched with 5% sulfur (S) and essential micronutrients such as zinc (Zn) and boron (B).

The product supports comprehensive plant development, promotes firm and healthy fruit growth, reduces premature fruit drop, increases fruit set rate, extends shelf life, and significantly boosts both yield and product quality.

Importantly, cadmium (Cd) levels are strictly controlled, ensuring absolute safety for consumers and the environment, while meeting stringent export standards.

With its outstanding advantages in production technology, high-quality raw materials, and proven effectiveness, NPK PHU MY 15-15-15+5S+TE SOP is a reliable choice for farmers seeking to improve productivity and quality, paving the way for successful harvests and sustainable agricultural growth.

PVFCCo, a subsidiary of state-owned Petrovietnam, is listed on Ho Chi Minh Stock Exchange as DPM. The stock closed Friday at VND41,300 ($1.58) per share.

For 2025, the company targets a consolidated revenue of VND12,876 billion ($492.36 million) and post-tax profit of VND320 billion ($12.24 million).

In Q1, the company recorded VND4,120 billion ($157.5 million) in revenue and VND211 billion ($8.07 million) in profit, achieving 32% and 66% of the respective revenue and profit targets for the year.

Comments (0)
  • Read More
Techcombank named domestic retail bank of the year by Asian Banking & Finance for 4th consecutive year

Techcombank named domestic retail bank of the year by Asian Banking & Finance for 4th consecutive year

Techcombank has been named Domestic Retail Bank of the Year - Vietnam at the Asian Banking & Finance Retail Banking Awards 2025.

Companies - Mon, July 28, 2025 | 3:06 pm GMT+7

Navigating tariff shocks: Vietnam’s path forward through diversification

Navigating tariff shocks: Vietnam’s path forward through diversification

Market diversification is not a choice but an urgent necessity for Vietnam to safeguard export growth and mitigate risks from global policy and market fluctuations, writes Huong Vu, general director of EY Consulting Vietnam Joint Stock Company and vice chairwoman of Vietnam's Association of Foreign Invested Enterprises (VAFIE).

Consulting - Mon, July 28, 2025 | 2:16 pm GMT+7

UK Jadestone Energy seeks more cooperation with Petrovietnam

UK Jadestone Energy seeks more cooperation with Petrovietnam

UK Jadestone Energy, an independent upstream production and development company focused on the Asia-Pacific region, is eyeing opportunities to further cooperate with Vietnam's state giant Petrovietnam.

Energy - Mon, July 28, 2025 | 10:30 am GMT+7

Malaysia urges strengthening intra-ASEAN trade

Malaysia urges strengthening intra-ASEAN trade

Malaysia is focusing on strengthening the ASEAN economic framework by boosting intra-bloc trade to ensure the continuity of the region’s agenda, Malaysian Foreign Minister Datuk Seri Mohamad Hasan said last Thursday.

Southeast Asia - Mon, July 28, 2025 | 10:26 am GMT+7

Vietnam insurer MIC earns B++ credit rating, sets sights on becoming regional leading digital insurer

Vietnam insurer MIC earns B++ credit rating, sets sights on becoming regional leading digital insurer

Vietnam’s Military Insurance Corporation (MIC), listed on the Ho Chi Minh Stock Exchnage as MIG, has secured a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb” (Good), both with a stable outlook, from global credit rating agency AM Best.

Finance - Mon, July 28, 2025 | 9:55 am GMT+7

Military Bank leads in CASA ratio, securing spot among Vietnam’s Big 5 lenders

Military Bank leads in CASA ratio, securing spot among Vietnam’s Big 5 lenders

Hanoi-based Military Bank’s (MB) emerged as a banking sector leader in current account savings account (CASA) ratio from mid-2024 to Q1/2025, earning a spot among Vietnam’s Big 5 lenders.

Banking - Mon, July 28, 2025 | 9:44 am GMT+7

HCMC-based Thuduc House returns to profit under new board of directors

HCMC-based Thuduc House returns to profit under new board of directors

Thuduc Housing Development Corporation (Thuduc House) posted nearly VND19 billion ($726,720) in H1 net profit, a sharp turnaround from a loss of more than VND33 billion ($1.26 million) in the same period last year.

Companies - Mon, July 28, 2025 | 9:32 am GMT+7

HCMC institute proposes standardized EV battery recycling center

HCMC institute proposes standardized EV battery recycling center

As part of a roadmap to transition 400,000 vehicles to electric in Ho Chi Minh City, the municipal Institute for Development Studies (HIDS) has proposed building a standardized battery recycling center or plant capable of recovering up to 95% of the valuable metals in EV batteries.

Economy - Mon, July 28, 2025 | 9:00 am GMT+7

AI cannot match human empathy, creativity: fintech company exec

AI cannot match human empathy, creativity: fintech company exec

AI automates a range of repetitive office tasks such as data analysis and reporting but cannot have the same emotions and creativity as humans, said Colin Blackwell, chairman of Hyperion Fintech, a Swiss financial technology services company.

Executive Talk - Mon, July 28, 2025 | 8:05 am GMT+7

Over 80,000 online shops in Vietnam record no orders in H1

Over 80,000 online shops in Vietnam record no orders in H1

Vietnam’s e-commerce landscape is undergoing a more intense shakeout, with over 80,000 online shops recording no orders in the first half of 2025.

Economy - Mon, July 28, 2025 | 8:00 am GMT+7

Vietnam’s leading construction material maker Viglacera triples Q2 profit on industrial park leasing gains

Vietnam’s leading construction material maker Viglacera triples Q2 profit on industrial park leasing gains

Viglacera, Vietnam's leading construction material producer and industrial real estate developer, reported a 216% surge year-on-year in consolidated net profit in Q2/2025 to VND540 billion ($20.65 million).

Companies - Sun, July 27, 2025 | 10:51 pm GMT+7

Hanoi to begin construction of two major urban railway lines in late 2025

Hanoi to begin construction of two major urban railway lines in late 2025

Hanoi will break ground for two key urban railway projects in Q4/2025, as part of the city's long-term strategy to expand public transport system, thus easing traffic congestion.

Companies - Sun, July 27, 2025 | 1:52 pm GMT+7

Chan May-Lang Co set to become economic, eco-tourism hub in Hue city's southern region

Chan May-Lang Co set to become economic, eco-tourism hub in Hue city's southern region

After more than 15 years of development, the Chan May-Lang Co Economic Zone is undergoing a comprehensive master plan revision to unlock the potential of the southern coastal region of Hue city and meet new development demands.

Companies - Sun, July 27, 2025 | 1:47 pm GMT+7

Northern Vietnam province plans 720-ha int’l airport to tap tourism boom

Northern Vietnam province plans 720-ha int’l airport to tap tourism boom

Ninh Binh province, home to the UNESCO-recognized Trang An Landscape Complex, looks to develop a 720-hectare international airport with an annual capacity of 10 million passenger arrivals in order to capitalize on booming tourism.

Infrastructure - Sun, July 27, 2025 | 10:42 am GMT+7

Vietnam’s largest gasoline distributors to pilot E10 biofuel sale from August 1

Vietnam’s largest gasoline distributors to pilot E10 biofuel sale from August 1

Petrovietnam Oil Corporation (PVOIL) and the Vietnam National Petroleum Group (Petrolimex) - the two largest petroleum distributors in Vietnam - will pilot the sale of E10 biofuel starting from August 1.

Companies - Sun, July 27, 2025 | 9:28 am GMT+7

Vietnam-based top brewer Sabeco posts 13% drop in H1 net profit due to higher costs, fierce competion

Vietnam-based top brewer Sabeco posts 13% drop in H1 net profit due to higher costs, fierce competion

Ho Chi Minh City-headquartered Sabeco, controlled by Thai Beverage, reported VND2.05 trillion ($78.41 million) in net profit in the first half of this year, down 12.5% year-on-year, according to its earnings statement.

Companies - Sun, July 27, 2025 | 8:00 am GMT+7