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On 7 July, as part of its senior leadership study tour and practical survey programme in France, the delegation of Vietnam National Chemical Group (Vinachem) led by Deputy Party Secretary and General Director Nguyễn Hữu Tú held working sessions with the Normandy Chemical Association (France Chimie Normandie) and the French Cosmetic Association (Cosmetic Valley), opening up numerous cooperation opportunities in chemical industry, cosmetics, innovation, and sustainable development.

At the meetings, General Director Nguyễn Hữu Tú expressed gratitude for the warm welcome from the French partners, and emphasised that this business trip was not only a chance to learn about management and modern industrial ecosystems, but also an opportunity to foster substantive cooperation between the chemical business communities of the two nations.

Introducing Vinachem, the General Director noted that the Group comprises 33 member units and plays a core role in Vietnam’s chemical industry. Vinachem’s products are present in over 70 countries and territories, with annual export turnover exceeding USD 700 million. Notably, in 2026, Vinachem was ranked 148th in the Fortune Southeast Asia 500 by Fortune Magazine, with 2025 revenue reaching USD 2.4 billion and profit USD 146 million—a testament to the Group’s management capacity, adaptability, and operational efficiency amid global economic volatility.

Promoting the Development of the Green Chemical Industry

tressed that the global chemical industry is entering a period of strong transition towards emission reduction, circular economy, digital transformation, and innovation. These are also Vinachem’s strategic directions to enhance competitiveness and sustainable growth.

He highly valued the association’s model linking over 215 enterprises, research institutes, and universities, and highlighted that experience in biochemicals, chemical recycling, battery technology, electrolysis, CO₂ utilisation, and digital transformation are areas of special interest to Vinachem.

On this basis, the General Director proposed three key cooperation directions: promoting R&D and technology transfer, connecting supply chains and facilitating investment between businesses of both countries, and strengthening high-quality human resource training through expert and technical staff exchanges.

Towards the Development of Cosmetics and Consumer Chemicals

In the meeting with Cosmetic Valley, General Director Nguyễn Hữu Tú affirmed Vinachem’s desire to expand cooperation in cosmetics, consumer chemicals, and biotechnology-based products.

According to the General Director, Vietnam’s rich plant resources enable the development of natural ingredients, essential oils, and herbal extracts for the cosmetics industry. Combining Vietnam’s raw materials with Cosmetic Valley’s technology, research experience, and innovation ecosystem will create opportunities to develop high value-added product lines.

He also suggested both sides enhance cooperation in researching extraction processes for natural ingredients and developing personal care products meeting European standards; as well as increasing information exchange on quality management, international standards, and new EU market regulations.

Fostering Genuine Cooperation Between Enterprises of Both Countries

During the programme, Lix Detergent JSC introduced its flagship products to French partners. According to Vinachem’s leadership, this is a concrete step to directly access high-standard markets, gain feedback from international partners to improve products, and gradually move into cosmetics and personal care.

At the end of the working programme, Vinachem and France Chimie Normandie signed an MoU to establish a cooperation framework in research, technology transfer, business networking, human resource training, and investment promotion between the two parties.

On this occasion, Vinachem and Cosmetic Valley also signed a Letter of Intent, reflecting their desire to promote cooperation in cosmetics, consumer chemicals, research and development of ingredients, technology, and innovation, laying the foundation for further specific cooperation programmes in the near future.

Speaking at the signing ceremony, General Director Nguyễn Hữu Tú emphasised that these cooperation documents are significant milestones, helping to strengthen connections among enterprises, research institutes, and organisations in Vietnam and France on the basis of goodwill, trust, and mutual development.

The business trip to France continues to reaffirm Vinachem’s proactive international integration strategy, expanding cooperation with France’s leading organisations and enterprises, laying the groundwork for technology transfer, product development, and building Vietnam’s chemical industry in a green, modern, and sustainable direction.