Corporate earnings were forecast to slow in 2020 as the economy became more vulnerable to external factors, data firms and securities businesses forecast.
More than 2 trillion VND (86.2 million USD), or 40-50 percent of the budget of the southernmost province of Ca Mau, is contributed by the Ca Mau Gas-Power-Fertiliser Complex each year, a recent meeting heard.
Fertiliser stocks are surprising the market with many large names hitting the ceiling prices, mainly due to the Ministry of Finance’s decision to make fertiliser subject to VAT at the preferential rate of 5 percent.