On the afternoon of March 24, in the city. Ho Chi Minh, Member of the Party Central Committee, General Secretary of the National Assembly, and Chairman of the National Assembly Office Bui Van Cuong visited and worked with PetroVietnam Fertilizer and Chemical Corporation (PVFCCo).

Reporting to the General Secretary of the National Assembly, Chairman of the Office of the National Assembly Bui Van Cuong, General Director of PVFCCo Le Cu Tan said that PVFCCo's production and business activities focus on the fields of fertilizers and petroleum chemicals. owns modern fertilizer and chemical factories and operates nationwide and regionally, with a number of officers and employees of about 1,600 people.

Besides the main segment of fertilizers, the chemical segment is also constantly developing, with main products such as NH3, UFC85, pure CO2, contributing increasingly to revenue and profit, helping the Corporation to operate. increasingly steady.

In 2021 – 2022, PFCCCo will be extremely affected by the Covid-19 epidemic and political-economic instability in the world, especially during the peak period of the pandemic, when the whole country implements social distancing, Almost all normal activities are paralyzed. In that unprecedented unusual situation, PVFCCo successfully organized epidemic prevention and control on the one hand, and on the other hand overcome difficulties to maintain production and business activities without interruption for an hour, a day, and at the same time. make the most of the opportunities presented by the extraordinary circumstances.

Thanks to that, in those two years PVFCCo has set a series of records in terms of continuous machine running time, production output, export, revenue, and profit.

Looking back on 20 years of construction and development, with the unremitting efforts of the leaders and employees, PVFCCo has achieved very encouraging and proud achievements. PVFCCo has built a team of highly skilled, experienced, creative, and enthusiastic cadres, engineers and employees, which is a valuable human resource not only the Corporation's own. but also of the Group as a whole.

PVFCCo has supplied the country with tens of millions of tons of high-quality fertilizers and chemicals. Regarding investment efficiency, with an initial investment of VND 4 trillion, PVFCCo brought in total revenue of VND 160 trillion, a profit of VND 35 trillion, contributing to the state budget VND 8 trillion. PVFCCo has also spent more than 1,200 billion VND on social security work, contributing to the implementation of the "three agricultural" policy of the Party and State.

The Corporation's management and operating system is continuously improved, approaching modern international standards, especially in terms of transparency. The brand is focused on building, becoming one of the leading brands of Vietnam. Corporate culture in the Corporation is constantly fostered on the foundation of petroleum culture in general and Phu My Fertilizer identity in particular.

PVFCCo is also an early equitization unit, successfully listed on the stock market since 2007, DPM stock is a blue-chip stock and is in the VN30 basket; achieved Top 3 corporate governance in ASEAN region, is a typical case of state-owned enterprises transforming and operating successfully, professionally and effectively under the model of public joint stock company. PVFCCo's subsidiaries have all been successfully equitized and listed on the Hanoi Stock Exchange.

With the spirit of "responsibility – sharing" towards customers and the areas to which it is attached, that is farmers and rural areas, PVFCCo is also one of the leading enterprises to carry out many social security activities with significant benefits. With nearly 26,000 houses of great solidarity, nearly 200 health and education projects, rural bridges, tens of thousands of scholarships and Tet gifts for the poor and natural disaster victims…

Also at the meeting, PVFCCo's leaders raised and clarified a number of issues related to difficulties caused by the provisions of the Law on Value-Added Tax for fertilizers, sources and costs of input gas prices, etc. are affecting the performance of the unit as well as indirectly affecting the agriculture and farmers.

Speaking at the meeting, Secretary General of the National Assembly, Chairman of the Office of the National Assembly Bui Van Cuong highly appreciated PVFCCo's business performance as well as great efforts of the leadership and staff. the qualifications, enthusiasm and love of the company's profession. Besides production and business efficiency, the Corporation also ensures the life and income of employees and well performs social security work.

The Secretary General of the National Assembly, Chairman of the Office of the National Assembly also shared the challenges that PVFCCo is facing and praised PVFCCo for its initiative and exploration, thereby having the right development strategy and project investment. and have new products and services, develop a good distribution system.

Recommendations related to value-added tax for fertilizers, import and export policies, said the Secretary General of the National Assembly, Chairman of the Office of the National Assembly, will synthesize the opinions of the unit, reflected in the process of correcting. change the provisions of the law and have a solution for businesses.

On behalf of PVFCCo's Board of Directors and staff, Chairman of the Board of Directors Hoang Trong Dung sincerely thanked the Secretary General of the National Assembly, Chairman of the Office of the National Assembly Bui Van Cuong; PVFCCo's collective commitment will always keep the fire of enthusiasm, determination to overcome challenges, always operate effectively and develop sustainably.