On the morning of January 8, the Government organized a conference to review its 2025 operations and deploy tasks for 2026 for the Government and local administrations. The conference was held in person at the Government Headquarters and connected via video link to 34 provinces and cities nationwide.
On the morning of January 8, Ninh Binh Phosphate Fertilizer Joint Stock Company (NFC) held a conference to review its Party building work and business production operations in 2025, and to deploy tasks for 2026. Attending and directing the conference were Mr. Nguyen Van Quy – Standing Deputy Secretary of the Party Committee of Vietnam National Chemical Group (Vinachem); Mr. Nguyen Van Luyen – Vice President of Vinachem, along with representatives from various specialized departments of the Group.
The Chemical Fertilizer Market was valued at 5.81 billion in 2025 and is projected to grow at a CAGR of 7.09% from 2026 to 2033, reaching an estimated 10.06 billion by 2033. This expansion is fueled by rising demand across industrial, commercial, and technology-driven applications, alongside continuous innovation, broadening use cases, and increasing investments across major end-use sectors.
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On the afternoon of January 6, the Ministry of Finance held a conference to review and evaluate the implementation of fiscal-budgetary, investment, and socio-economic development tasks for 2025, and to deploy tasks for 2026. The conference was conducted in a hybrid format, combining in-person attendance with video links to 33 nodes across provinces and centrally-run cities. Prime Minister Pham Minh Chinh attended and directed the conference.
Despite the growing momentum around AI in chemical manufacturing, the industry remains one of the least exposed sectors to its transformative potential. A recent McKinsey survey revealed that only 14 percent of activities in energy and materials are influenced by generative AI, compared to the 23 percent cross-industry average.
Tire manufacturing is no longer just about output; it’s about intelligence, agility, and staying ahead in a changing world. And that means building operations that are smarter and more connected.
Messages from Leader
To develop VINACHEM into a powerful economic group; to own centralised chemical complexes equipped with state of the art technology; to focus on environmental protection, products could be competitive, satisfying domestic demand and strengthening export