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PINACO – 50 Years of Aspiration: From a Resilient Foundation to a Vision for the Future
The year 2026 marks a special milestone in the history of Vietnam’s energy storage industry—the 50th anniversary of the founding of the Dry Cell & Storage Battery Joint Stock Company (PINACO). Half a century of development is not only the growth journey of a business but also vivid evidence of the rise of a prominent member of the Vietnam National Chemical Group (Vinachem).
In the overall picture of Vinachem—one of the pillars of Vietnam's chemical industry—PINACO plays a vital role in the field of electrochemistry and energy storage, serving as an indispensable link in the modern industrial value chain. PINACO’s steady growth has contributed not only to the business performance of the Group but also to enhancing the competitiveness of Vietnam’s supporting industries in the context of deep international integration.

Fifty years of PINACO are a clear testament to the power of sustainable management in business. From its challenging early days, PINACO has gradually built a systematic production and business model, taking quality as its foundation and people as its core. This has been a consistent direction for PINACO and is closely aligned with Vinachem’s restructuring strategy and efforts to improve operational efficiency.
One of the most prominent highlights is the consistency in brand development strategy. The Đồng Nai battery and Con Ó battery products are not only familiar to domestic consumers but have also become symbols of Vietnamese quality. Maintaining the "Vietnam High Quality Goods" title for many consecutive years and upholding the National Brand status demonstrates PINACO’s sustainable brand management capability—a key factor helping PINACO positively contribute to Vinachem’s reputation.

As the global energy sector undergoes profound transformation, the demand for technological innovation and digital transformation is becoming increasingly urgent. Following the spirit of Resolution 57-NQ/TW of the Politburo on breakthrough development in science, technology, innovation, and national digital transformation, Vinachem has clearly set out the direction to increase technological content and added value in industrial products. In this context, PINACO demonstrates its pioneering role by investing in modern production technologies, meeting stringent international standards such as Ford Q1, and deeply engaging in the supply chains of major automobile and motorcycle manufacturers—gradually moving beyond the scope of a purely domestic enterprise.
This reflects Vinachem’s long-term strategy of increasing added value and gradually bringing Vietnamese chemical and material products deeper into global value chains. With its technological and market advantages, PINACO is serving as a “locomotive” to realize this goal.

Alongside growth, sustainable development is also a focus for PINACO, in line with Vinachem’s orientation for the new period. The development of environmentally friendly products, the promotion of digital transformation, and the optimization of production processes not only improve business efficiency but also fulfill commitments to environmental protection and green development.
The 50-year milestone is also an occasion to reflect on the core value that creates PINACO’s strength—its people. The policy of presenting over 1,000 employees with electric motorcycles is not just a material gesture but also demonstrates a humane management philosophy, consistent with Vinachem’s direction to build a high-quality, committed, and responsible workforce.

The choice of green vehicles is also a clear message about the company’s sustainable development orientation, linking business benefits with social responsibility—something that Vinachem’s member companies are gradually realizing.
Beyond production and business, PINACO has also shown initiative in transforming communication methods and building corporate culture. Digital platforms such as the 50th-anniversary landing page not only serve as repositories of memories but also as tools to connect generations of workers, partners, and customers, contributing to the company’s comprehensive digital transformation.
PINACO’s 50-year journey also reflects the transformation trend of Vinachem’s enterprises: from traditional manufacturing to value chain development, from a domestic market focus to reaching out internationally. With an export network to 46 countries and territories, PINACO has made a significant contribution to enhancing Vinachem’s position in the global market.
However, ahead are major challenges as the battery and accumulator sector enters a phase of fierce competition, especially in the context of transitioning to new energy storage technologies. This requires PINACO to further strengthen research and development and align more closely with the overall strategy of Vinachem in developing high-tech products.

The trend of electrification and the strong development of renewable energy open up great opportunities for PINACO and other companies in the electrochemical industry but also pose urgent requirements for technological innovation, especially in the field of new-generation batteries. This will be a pivotal phase to affirm the company’s adaptability and strategic vision.
The 50th anniversary is not only a moment to look back but also the starting point for a new stage of development. With a strong foundation and a spirit of constant innovation, PINACO is fully equipped to remain a pioneer in the energy storage industry and make positive contributions to Vinachem’s sustainable development strategy.
“50 Years – Reaching New Aspirations” is thus not only PINACO’s message, but also embodies the spirit of the Vietnam National Chemical Group on its journey towards a greener, more modern, and deeply integrated future.

