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The year 2025 has concluded with many special milestones, marking a strong and comprehensive transformation of Vietnam National Chemical Group (Vinachem). Not only achieving the highest profit in its history of formation and development, 2025 was also the year Vinachem completed ahead of schedule its 5-year plan for the 2021-2025 period, while completely resolving accumulated losses at all subsidiaries with outstanding issues – exceeding the timeline by 6 months compared to the set targets.

These results did not come from a few isolated bright spots, but are the crystallization of the spirit of unity, creativity and persistent efforts of all member subsidiaries within the Group – from the pillar enterprises playing a leading role, to subsidiaries that once faced many difficulties but have persevered in restructuring and innovation to rise up.

The 2025 Year-End Review Conference and 2026 Task Deployment is therefore not only an occasion to look back on a successful year, but also a solemn moment for Vinachem to recognize and honor exemplary collectives – the "locomotives" that have contributed to creating a new appearance and new vitality for the Group. This year's commendation list clearly reflects the picture of Vinachem's comprehensive innovation: enhanced financial efficiency, mastered technology, strengthened adaptive capacity, and a strong spirit of emulation spreading throughout the entire system.

Growth Pillars: Leading Through Revenue and Profit Performance

The year 2025 witnessed the affirmation of the leading role of pillar enterprises, especially in the fields of fertilizers, basic chemicals and tires – industries that play a foundational role for the nation's agricultural and industrial production. Subsidiaries with the highest revenue across the Group such as Binh Dien Fertilizer, DAP – Vinachem, Ninh Binh Ammonia, Da Nang Rubber and Southern Rubber not only maintained large-scale production, but also demonstrated increasingly effective capabilities in market organization, production management and cost control.

Notably, Binh Dien Fertilizer surpassed the 10,000 billion VND revenue milestone for the first time – a symbolic milestone reflecting internal growth capacity, market expansion ability and an increasingly solidly consolidated brand reputation.

In terms of profit, subsidiaries such as DAP – Vinachem, Vietnam Apatite, Binh Dien, DAP No. 2 and Southern Basic Chemicals continued to hold leading positions. Among them, DAP – Vinachem made a special mark by achieving the highest profit in its operational history, while rising to become the subsidiary with the highest profit across the entire Group in 2025 – clear evidence of the effectiveness of the restructuring process, management innovation and enhanced operational capacity.

Capital Use Efficiency – A Measure of Growth Depth

Not stopping at revenue scale or absolute profit figures, 2025 also showed a clear shift in growth quality through capital use efficiency. The group of 5 subsidiaries with the highest return on equity (ROE) included Ninh Binh Phosphate, DAP – Vinachem, Binh Dien, Van Dien Fused Phosphate and Vietnam Apatite.

The common point of these subsidiaries is the clear improvement in financial management, production organization and cost control, thereby optimizing the effectiveness of each invested capital dong. High ROE results not only reflect profitability, but also demonstrate modern management thinking, oriented towards sustainable and long-term development – an increasingly important requirement in the context of Vinachem entering a new growth phase.

Digital Transformation and Technological Innovation: Foundation for Long-term Momentum

A prominent highlight in the 2025 emulation picture is the clear progress in digital transformation and technology application at member subsidiaries. Notably, LIX Detergent Powder Joint Stock Company was commended for its pioneering role in deploying and effectively operating the VinachemMart e-commerce platform – the first digital distribution platform in the chemical industry built and operated by Vinachem itself.

VinachemMart not only opens up a direct connection channel between manufacturers and consumers, but also contributes to cost optimization, enhances transparency and increases the competitiveness of Vinachem products in the market. More importantly, this model clearly demonstrates the proactive spirit of state-owned enterprises in realizing Resolution No. 57-NQ/TW on the development of science, technology, innovation and national digital transformation.

Flexible Management – The Key to Overcoming Market Fluctuations

In the context of the 2025 market continuing to contain many unstable factors, adaptability and flexible management became key factors determining production and business efficiency. Subsidiaries such as Da Nang Rubber, Southern Rubber Industry, Southern Basic Chemicals, LIX or Vietnam Apatite demonstrated the ability to respond quickly to the market, proactively adjust production plans, control costs well and effectively seize export opportunities.

Notably, if in 2024 some subsidiaries were not yet in the group with high profitability ratios, by 2025 they had made impressive breakthroughs to rise to the leading group. The case of DAP – Vinachem is clear evidence of the spirit of continuous innovation, showing that when management thinking is renewed and internal strength is unlocked, old limitations can be completely overcome.

Pride from Today's Foundation, Confidence for the Road Ahead

Honoring outstanding collectives at the 2025 Year-End Review Conference is not only a deserved recognition for past efforts, but also an important source of encouragement for the entire Group to continue spreading the spirit of patriotic emulation, innovation and development aspirations.
On the foundation of achieved accomplishments, Vinachem enters 2026 with firm belief, confidence and high determination, ready to conquer new goals and contribute increasingly effectively to the development of the chemical industry and the nation's economy.