Vinachem reports performance in Jan-Sep

Viet Nam National Chemical Corp (Vinachem) reported that it invested nearly 1.500 trillion dong in many projects during the first nine months of this year.

In the end of this year, the corporation will start or speed up construction on the projects including DAP (DAP Hai Phong Fertiliser Factory in Dinh Vu Economic Zone, the Ninh Binh Nitrogenous Fertiliser Plant project that began in May 2008, NPK projects of the Southern Fertiliser Co and Binh Dien Fertiliser Co recently, work on Long Son petrochemical project is expected to finish within 2008.

As planned, Vinachem will pour 2.260 trillion dong in projects this year.

In Jan-Sep, the corporation's revenue has grown 53% year-on-year while its tax payment soared 26% and export turnover surged 57% as compared with the same period of last year.