Company news
Vietnam National Chemical Group collaborates with Kayan for International Trade to ensure fertilizer raw material security
On April 14, 2026, in New Cairo (Egypt), the Vietnam National Chemical Group (Vinachem) and Kayan for International Trade (Kayan Group) officially signed a Memorandum of Understanding (MOU) for strategic cooperation, establishing a long-term partnership framework in the supply of apatite ore and the development of chemical and fertilizer product markets between the two parties.
The signing ceremony was attended by Mr. Nguyễn Hữu Tú – General Director of Vinachem; Mr. Vũ Văn Bằng – General Director of DAP-Vinachem JSC, as well as several importers and distributors from Vietnam. On the side of Kayan Group, Mr. Hatem Elgamal – Chairman of the Group, and representatives from member unit leadership were present.
Cooperation from the root of the supply chain
According to the MOU, Kayan – one of Egypt’s leading apatite ore mining and exporting enterprises, accounting for about 40% of the domestic market share – will supply apatite ore to Vinachem’s fertilizer production plants in Vietnam, leveraging supply advantages, competitive pricing, and optimized logistics costs.
Specific terms regarding quality, price, delivery schedules, and payment will be detailed in separate commercial contracts between the two parties in the near future. Vinachem will import through its trading units in Vietnam.
This signing is considered an important step in Vinachem’s proactive strategy to ensure raw material security for fertilizer production amid fluctuations in the global raw material market.
Paving the way for Vinachem products to enter the Egyptian and regional markets
Beyond cooperating in apatite ore supply, the two sides have also agreed to promote market development for Vinachem’s key products such as detergents, tires and tubes, compound fertilizers, batteries, accumulators, and other industrial and consumer products.
According to the agreement, Kayan will directly become a distributor or support Vinachem in accessing distribution channels in the Egyptian market and neighboring countries as soon as possible. This is seen as an opportunity for Vinachem’s industrial and consumer products to gradually penetrate the Middle East – North Africa market, a region with high demand for chemicals and fertilizers.
The two parties will establish a Joint Cooperation Steering Committee (JCSC) consisting of senior representatives to periodically review progress, address arising issues, and approve specific cooperation programs.
At the signing ceremony, leaders from both sides affirmed their desire to build a sustainable strategic partnership, leveraging advantages in resources, production capacity, and distribution systems to increase value for both parties.
The signing of the MOU between Vinachem and Kayan is not just a simple “ore import” business story, but also reflects a mindset of cooperation from the root of the supply chain, aligning with Vinachem’s orientation toward high-tech development, green economy, and international market expansion in the new stage.
