Fertiliser exports – bright spot for Petrovietnam Ca Mau Fertiliser JSC in H1

Fertiliser exports – bright spot for Petrovietnam Ca Mau Fertiliser JSC in H1

Fertiliser products of the PVCFC are now available in over 20 countries, including demanding markets such as Australia and New Zealand.

Petrovietnam Ca Mau Fertiliser JSC's fertiliser products has achieved “Level One” certification for bulk fertiliser in Australia. — VNA/VNS Photo

Fertiliser exports continue to serve as a key growth driver for the Petrovietnam Ca Mau Fertiliser JSC (PVCFC) in the first half of 2025, with the export volume reaching 208,000 tonnes to generate more than VNĐ2 trillion (US$76.7 million) in revenue.

The value accounts for 23 per cent of its total earnings during the period, the PVCFC reported.

The company’s fertiliser products are now available in over 20 countries, including demanding markets such as Australia and New Zealand. In the past six months, it achieved 'Level One' certification for bulk fertiliser in Australia and became a supplier permitted to sell urea at the highest price in this market.

The firm also marked its 10th anniversary in Cambodia by inaugurating a representative office in Phnom Penh. It currently commands a 40 per cent share of the urea fertiliser market in the neighbouring country.

The PVCFC noted that it has successfully capitalised on the downward trend in oil prices to optimise production costs while maintaining stable operations, supported by favourable weather conditions and steady gas supply from the Vietnam National Industry - Energy Group (Petrovietnam).

As a result, its total fertiliser output in the first six months has exceeded 636,000 tonnes, up 6 per cent against both its annual target and the same period in 2024. Estimated sales have topped 841,000 tonnes, surpassing the target by 11 per cent and rising 24 per cent year-on-year.

Consolidated revenue is estimated at VNĐ9.6 trillion, 69 per cent above the annual target and 37 per cent higher than the same period last year. Pre-tax profit stands at over VNĐ1 trillion, up 21 per cent against the target and 5 per cent year-on-year.

The PVCFC continues to operate a nationwide distribution network, holding a 72 per cent share of the urea market in the Mekong Delta and 35 per cent in the Southeast and Central Highlands regions.

PVCFC is ramping up eco-friendly products and high-tech farming to strengthen its brand in Việt Nam, while planning expansion into industrial gas, biotechnology, and post-harvest processing. It also aims to pilot closed-loop models, such as seedless lemon farming and agri-based food production, for export. 

Bizhub