VINACHEM

On the morning of July 18, 2025, in Nha Trang, the Vietnam National Chemical Group (Vinachem) held a conference themed "Promoting Investment Growth for the 2026–2030 Period." The conference took place as Vinachem concluded its 2020–2024 phase with many outstanding achievements, ready to embark on a new, breakthrough development journey.

2021–2025 Investment Results: Overcoming Challenges to Accelerate

According to the summary report on investment and development work for the 2021–2025 period, Vinachem emerged as one of the groups that experienced strong transformations in production, investment, and finance during this time. The Group's Total Industrial Production Value reached VND 277,256 billion, increasing by an average of 9.7% per year; Consolidated Revenue reached VND 272,591 billion, up 7.9% per year; and Consolidated Profit  estimated reaching VND 21,219 billion, a breakthrough from the loss VND 2,119 billion in the 2016-2020 period. By the end of June 2025, the Group had cleared all accumulated losses 6 months earlier than planned, accumulated surplus profits, and gradually affirmed its role as a key enterprise in the national chemical industry.

Parallel to financial stability, Vinachem carried out construction investment with a total capital expenditure of approximately VND 4,642 billion. Many large projects were synchronously implemented: from high-tech NPK fertilizer lines, apatite mining, expanding radial tire production and developing new technology battery and accumulator plants. Notably, Vinachem successfully "rescued" many projects that were previously listed as long-term loss-making, turning losses into profits after restructuring financial and business production management at these projects.

At the same time, Vinachem proactively transformed its growth model: accelerating digital transformation, developing the VinachemMart e-commerce platform, implementing a series of technical initiatives, and applying energy-saving and emission-reducing technologies. The orientation towards green and circular development is gradually becoming a standard in new investments and existing production.

2026–2030 Plan: Scaling Up, Green Transformation, Technology Investment

Based on its strengthened foundation, the Group aims to achieve double-digit growth for the 2026-2030 period, moving towards a comprehensive, modern chemical ecosystem linked to domestic and international supply chains. Priority investment sectors include: high-quality fertilizers, apatite mining and deep processing, new generation basic chemicals, technical rubber, and green technology batteries and accumulators. Many strategic projects will be implemented: the Potash Salt Rock mining and processing in Laos, SOP, DCP, MAP lines, caustic soda-chlorine plants, and specialized tire plants for public transport.

The Group advocates investing in a "efficient – high-tech – environmentally friendly" direction. New projects will prioritize advanced, energy-saving, and emission-reducing technologies with the ability to integrate into the circular economy model. Furthermore, Vinachem identifies green transformation not just as a trend but as a strategic path: setting targets to reduce CO₂ emissions, increase the proportion of renewable energy, and save 10% of total energy consumption in the coming period.

The Group is also developing a series of key solutions: strengthening technological innovation, modernizing management, promoting value chain linkages, and developing chemical products for high-tech industries (such as semiconductors, energy batteries, new materials).

Vinachem also identifies innovation as a continuous driving force. The successful lessons from applying digital technology, greening production, and restructuring enterprises will continue to be promoted. Along with this is a focus on training high-quality human resources and building a corporate culture adaptable to transformation.

With solid internal strength, clear objectives, and high determination, the Vietnam National Chemical Group enters the 2026–2030 period with aspirations for fast, green, and sustainable growth. It is expected that in 2025, Vinachem will exceed its plan with a minimum growth of 8%, serving as a springboard for the double-digit target in the subsequent period. This is a strong commitment to its journey of reaching new heights and realizing its ambition to become a pillar in the nation's green chemical industry.