VINACHEM

On6 April, 2013, Vietnam National Chemical Group (Vinachem) organised aconference to review execution task in quarter I/2013 and the deployment taskin the quarter II/2013.

In the quarter I/2013, Industrial production of Vinachemcontinued difficulties and challenges, but the efforts of the operatingbusiness and the management of the leadership's Group, with the close collaboration ofthe member units, as results of operations production and business ofthe first 3 months of 2013 was achieve good results. Theproduction business targets increased to reflect the cautious, certainly stepsin the execution of the Group, namely: industrial production value calculatedat current prices reached 8,986 billion VND, up 3, 6% compared with the sameperiod in 2012, turnover reached 11,402billionVND, up 9.6% compared with the same period in 2012; profit reached 850 billionVND, up 7% compared with the same period last year.Besides,output production, consumption, turnover, and profits of most of commodities increased over the same period in 2012.

In quarter,the unit members focus on promoting the production and consumption ofproducts, reasonable inventory balances to ensure supply of essentialcommodities to the market, especially for fertilizer supply agriculturalproduction, there is no shortage of local Fertilizers, fever or increaseprices unreasonably;

On the basis ofthe results of the quarter I/2013, Vinachem Council members have set a goal forthe quarter II/2013 will be reaching 12,780 billion VND in industrial outputvalues, turnover reach 14,000 billion VND and profit strive to reach 1,750billion VND.

At the meeting,Mr.NguyenAnh Dung - Chairman of Vinachem suggested the unit leadership members,representatives of the Group's interest in the business actively and moreaggressively to promote the production business and consumption of products,striving to achieve the targets at the highest level; accelerate progess ofinvestment projects,especially key projects.

At the conference,Leaders oftheunitbusiness memberhave been many engage in discussion and exchangeto find solutions to stabilize and develop production, production and businessflexibility management in the economic condition difficulties and forecast withthe challenges in the front.

Also at themeeting, Da Nang Rubber Joint Stock Company (DRC) has introduced products steelradial tires in the first batch of products produced in radial tire plant -DRC, this is steel radial tire products first production in Vietnam.