VINACHEM

On April 18, 2025, Industrial Gases and Welding Electrode JSC (SOVIGAZ) held the 2025 Employee Conference and summarized the Patriotic Emulation activities for the 2020 - 2025 period. The Conference was attended by Mr. Lê Ngọc Quang - Member of the Standing Committee of the Party Committee, Deputy General Director of Vietnam National Chemical Group; Mrs. Hồ Thị Mai Hương - Deputy President of the Vietnam Industry Chemical  Trade Union, along with 74 delegates representing more than 250 employees of whole Company.

The report at the Conference showed that in 2024, although the global and domestic economic situation continued to be volatile, production and business costs increased, especially electricity prices, with the flexible and timely direction of the Board of Directors and the solidarity and efforts of all employees, the Company still maintained stable production and ensured jobs for employees.

The production and business results in 2024 achieved many positive signs: Industrial Production Value reached VND 261.272 billion; Revenue reached VND 240.290 billion, by 101.5% compared to the same period; Profit reached VND 1.020 billion, a sharp increase of 393.8% compared to the same period.

In the 2020 - 2025 period, the Company achieved many outstanding achievements: Average revenue: VND 1.330 billion/year; Average industrial production value: VND 1.459 billion/year; Average pre-tax profit: VND 10.7 billion/year; Average salary: VND 9.14 million/month (up 23% compared to the previous period).