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Vision

Develop into an agricultural and chemical enterprise that meets international standards, creating a sustainable development value chain.

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Mission

Always create quality products and services to increase value and sustainable benefits for customers, partners, shareholders and employees.

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Core Values

Pioneering, Creative, Professional, Effective, Sharing, Prosperous.

General Objectives

Maintain the position as the No. 1 fertilizer producer in Vietnam and expand into the production and trading of basic chemicals and petrochemicals with the goal of positioning PVFCCo as a pioneering chemical and green energy producer in Vietnam.

2022-2025 period: Play a leading and creative role in the fertilizer sector in the domestic market, in line with the Government's 2021-2025 rural agricultural development strategy. Initially expand business and chemical production, focusing on researching opportunities to develop the petrochemical sector, clean energy such as "green" NH3.

2026-2030 period: Invest in expanding production scale in both fertilizer and chemical sectors on the principle of optimal use of PVFCCo's infrastructure and resources, integrating with the existing Phu My Fertilizer Plant and PVN's petrochemical refining projects.

Phase 2031-2035: operate and exploit projects to bring maximum efficiency, become the leading domestic enterprise in fertilizers and chemicals, with a global brand.

Fertilizer

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2021-2025 Period

Maximize production output based on the principle of optimizing efficiency and sustainability;

Improve the production process, ensure the product quality of the existing NPK Factory is consistent, operating at maximum capacity. Increase NPK product output through new investments or through joint ventures, partnerships, mergers and acquisitions (M&A);

Implement research on new fertilizer products, focusing on organic fertilizers to complete the Phu My fertilizer product line, with trial products to be brought to the market.

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2026-2030 Period

Develop new products based on Urea, create differentiation and increase competitiveness;

Continue to increase NPK market share, increase high-quality NPK production capacity;

Participate in the organic fertilizer sector and position the role of creating development of the organic fertilizer segment in the market;

Continue to distribute Potassium, DAP and SA products with the goal of providing comprehensive solutions to customers.

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2031-2035 Period

Continue to maintain and increase market share of fertilizers, especially developing NPK and organic fertilizer markets;

Develop smart fertilizers, keeping up with the world's production technology trends.

Chemical

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2022-2025 Period

Improve the efficiency of production and business of existing chemical products. Develop the capacity of storage, trading, chemical production and deploy investment in the production of potential chemicals such as H2O2, Melamine, DEF, Soda Ash, “green” NH3, etc.

2026-2030 Period

Marking participation in the petrochemical business with a number of products (integrated with the petrochemical complex from NG/LNG & Condensate/Naptha gas feedstock; integrated with the refinery to produce large olefins from Ethane cracker, Naphtha cracker).

2031-2035 Period

Becoming a large-scale chemical and petrochemical manufacturer, chemical revenue contributes significantly to revenue and profit for PVFCCo.