Vietnam sees potential for organic fertilizer business

Vietnam’s imports of organic fertiliser has surged in the past three years, reflecting increasing demand for the green product.
Vietnam sees potential for organic fertilizer business ảnh 1A farmer waters vegetables in Hoa Vang district, Da Nang city (Photo: VNA)

Hanoi (VNA) – Vietnam’simports of organic fertiliser has surged in the past three years, reflectingincreasing demand for the green product.

In 2017 alone, Vietnam imported about220,000 tonnes of organic fertiliser, double the amount of 2016.

According to Pham ThiVuong, actingdirector of the Plant Protection Research Institute, when farmers use organicfertiliser instead of inorganic and chemical ones, the surrounding environmentand water resources become cleaner and plants grow stronger and rely less oninsecticides. They will harvest cleaner and safer products, which have higherretail and export value.

Meanwhile, the production of organicfertiliser uses farming by-products and organic waste as its materials. Vietnamproduces between 60 and 70 million tonnes of agricultural by-products annually.

The country currently needs about 11million tonnes of fertiliser a year. As of December 2017, the number ofregistered organic fertiliser products was 713, accounting for 5 percent of thetotal, while the number of inorganic products made up 93.7 percent andbiological products 1.3 percent.

The nation has 180 establishments licensedto make organic fertiliser but about 150 of them actively manufacture, withoverall capacity reaching approximately 1.3 million tonnes a year.

The country aims to annuallymanufacture 3 million tonnes of organic fertiliser by 2020.-VNA
VNA

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