On 18 March, SouthEast PetroVietnam Fertilizer and Chemicals Joint Stock Company (PVFCCo SE) will officially list its 12.5 million stocks on Hanoi Stock Exchange with stock code: PSE. The listing is expected to give new impetus to PSE’s core business, namely trading in fertilizers as well as chemicals, its new business sector.
PVFCCo SE is the exclusive distributor of Phu My fertilizers (urea, SA, potassium, DAP and NPK) for its major shareholder, PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo – DPM) in the Southeastern region, covering 11 provinces and cities: Ho Chi Minh City, Long An, Tay Ninh, Ba Ria Vung Tau, Dong Nai, Binh Duong, Binh Phuoc, Dak Nong, Lam Dong, Binh Thuan and Ninh Thuan. This is Vietnam’s key region in agricultural production with agricultural land area accounting for 25.6% of total agricultural land area nationwide, in which the perennial growing area accounts for 43.1% total national perennial plant area.