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Phu My – 22 Consecutive Years as a High-Quality Vietnamese Goods Award Winner

Ho Chi Minh City, March 21, 2025 – PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo - Phu My, stock code DPM) announced that its two key products, Phu My Urea and Phu My NPK, have once again been voted as "High-Quality Vietnamese Goods" by consumers. This marks the 22nd consecutive year that Phu My has received this prestigious recognition. This achievement not only reaffirms the superior quality and long-standing reputation of Phu My products but also reflects the deep trust of farmers, distributors, and consumers nationwide in Vietnam’s leading fertilizer brand.

At the end of 2024, PVFCCo introduced a new brand name and identity: PHU MY.

The award, organized annually by the High-Quality Vietnamese Goods Business Association, is based on independent surveys and evaluations conducted by relevant authorities. Under the theme “Sustainable Journey,” the 2025 HVNCLC program honors businesses that ensure product quality and commit to long-term sustainable development, creating value for the community and encouraging Vietnamese consumers to prioritize domestic products.

Since its establishment, Phu My has continuously developed and expanded its fertilizer product portfolio, including Phu My Urea, Phu My NPK, Phu My Potassium, and specialized fertilizers for urban crops. The slogan "For a Bountiful Harvest" has become a strong symbol closely associated with Vietnamese farmers, reinforcing Phu My’s leading position in the market. Maintaining the HVNCLC title for over two decades is clear evidence of Phu My’s relentless efforts. In addition to fertilizers, Phu My also supplies high-quality chemical products such as NH3, UFC85, and H2O2, serving various industrial sectors.

With a focus on sustainable development, PVFCCo has actively promoted digital transformation and operational optimization based on ESG principles (Environmental – Social – Governance) in recent years. The company is committed to green growth, sustainability, and enhanced customer experience. Its core value, “Phu My – Sharing Prosperity,” remains the foundation of all its activities.

Business Performance

In Q1/2025, Phu My achieved impressive results:

  • Phu My Urea production reached approximately 224,085 tons (102% of the quarterly plan).

  • Phu My NPK production reached 38,445 tons (135% of the plan, up 28% year-over-year).

  • Total fertilizer consumption was estimated at nearly 340,000 tons (126% of the quarterly plan).

With its solid foundation, Phu My strengthens its position as a leading high-quality Vietnamese brand in the fertilizer and chemical industry, always supporting sustainable development in Vietnamese agriculture.