On the morning of March 7, in Ho Chi Minh City, PetroVietnam Camau Fertilizer Joint Stock Company (PVCFC) officially signed a cooperation agreement to become a strategic partner in order to distribute high quality DAP products of Yunnan Hongxiang Chemical Co. Ltd (Belonging to Yuntianhua Group - one of the largest chemical corporations in the world).

Attending the signing ceremony were representatives of PVCFC's Leadership, leaders of Yunnan Hongxiang Chemical Co. Ltd and PVCFC's customer partners.

Overview of the signing ceremony

At the signing ceremony, leaders of the two sides introduced an overview of the unit, operation process, scale, and product lines. Yuntianhua Group is one of the largest chemical groups in the world, with a production capacity of over 10 million tons/year. Every year, Yuntianhua supplies to Vietnam market over 200,000 tons of green granular Diammonium Phosphate (DAP) and nearly one hundred thousand tons of brown DAP of all kinds. In particular, Yuntianhua DAP is famous for its outstanding quality, ranking second in the world in terms of output: Fertilizer particles of stable, uniform size pass rigorous testing criteria and are popular in many fastidious countries around the world.

Mr. Alex, Director of Yunnan Hongxiang Chemical Co. Ltd spoke at the ceremony

PVCFC owns the strength of a large business system across three regions, with strong financial potential and enthusiasm for the development of agriculture. Therefore, PVCFC is highly appreciated by Yuntianhua Group and chosen as a reliable partner in Vietnam.

Mr. Alex, Director of Yunnan Hongxiang Chemical Co. Ltd, expressed his belief that PVCFC will be an effective support partner to help Yuntianhua expand its market in Vietnam. At the same time, leaders of the two sides expect that the two sides will, through cooperation, maximize their advantages, help expand markets and develop products.

Mr. Van Tien Thanh - General Director of PVCFC spoke at the signing ceremony

Mr. Van Tien Thanh - General Director of PVCFC would like to thank Yuntianhua for the cooperation and companionship in choosing PVCFC to become the strategic partner for exclusive distribution of gold DAP products of this Group in the Vietnam market. He hopes the cooperation will continue to be promoted, achieve many victories; products will quickly be trusted by domestic farmers as well as exported to the Cambodian market. 

Leaders of PVCFC and Yunnan Hongxiang Chemical Co. Ltd signed a cooperation agreement

The cooperation with Yunnan Hongxiang Chemical Co. Ltd is a testament to PVCFC's initiative in finding sustainable solutions to ensure the fertilizer supply chain, reduce negative impact from the ongoing world economic recession. In the face of high domestic DAP demand in recent years, PVCFC has actively sought for diversified and outstanding quality imported fertilizers and officially cooperated with Yuntianhua Group.

PVCFC leaders presented souvenirs to the partner

The signing of a long-term cooperation agreement with Yuntianhua Group is also an important milestone in fulfilling the mission of "providing a comprehensive set of nutritional solutions for plants" that PVCFC is persistently pursuing. More importantly, this is a long step for PVCFC to join the global agricultural supply chain, affirming the role and spirit of PVCFC brand in promoting agricultural farming towards "More sustainable - More prosperous". 

In addition, through the official cooperation with Yuntianhua Group, PVCFC will help domestic farmers have the opportunity to use high quality DAP at a more competitive price, contributing to stabilizing production and farming.

PVCFC