Free trade agreements (FTA), including the latest one signed between Việt Nam and the EU, will benefit the domestic fertiliser sector, with more diverse import and export markets, experts said.
An expected rise in demand for organic fertilisers has sparked many companies to invest more in production.
Hoàng Trung, director general of the Plant Protection Department, talks to the newspaper Nông thôn Ngày nay (Countryside Today) on his department’s resolve to eliminate low quality fertiliser from the market
A backlog of violations needs to be dealt with firmly, interest groups disbanded and strict, heavy punishments handed out to deal with the production of fake fertilisers in the country, officials said at an online meeting on Friday.
It is time to increase the production and use of organic fertilisers to foster organic farming, according to the Việt Nam Fertiliser Association.
The Plant Protection Department is set to issue a new decree on fertiliser management to encourage legitimate producers and eradicate fake products, which are widepsread.
Việt Nam spent US$338 million to import 1.22 million tonnes of fertiliser in the first quarter of this year, up 31.5 per cent in volume and around 24 per cent in value compared to the same period last year, reported by the Ministry of Agriculture and Rural Development (MARD).
The prevalence of fake and substandard fertilisers has been a pressing issue that caused economic losses worth billion of dollars and turned the livelihoods of farmers upside down.