22 Years of PVFCCo - Phú Mỹ: Rising Strong in a New Era

Over more than two decades of development, PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo - Phú Mỹ) has firmly established itself as a leader in Vietnam's fertilizer and chemical industry. The company is now making bold strides toward sustainable and prosperous growth, not only in 2025 but also in the years ahead.

Solidifying Market Position – Two Decades of “Bountiful Harvests”

Since its inception, Phú Mỹ has continuously strived to become a pioneering fertilizer and chemical production and supply enterprise. To date, Phú Mỹ has produced over 18 million tons of fertilizers and chemicals, supplying more than 22 million tons to the market. The company has achieved a total revenue of over VND 190 trillion, a pre-tax profit of over VND 37 trillion, and contributed more than VND 9 trillion to the national budget. These contributions have played a crucial role in developing Vietnam’s agriculture, ensuring national food security, and improving farmers' livelihoods.

For 22 years, generations of Phú Mỹ employees have worked tirelessly to ensure the safe and stable operation of its plants, maintaining product quality and supply. The company has also adopted digital transformation strategies in marketing, sales, and customer care, thereby expanding its market share and enhancing brand value.

A New Brand Identity – “Phú Mỹ: Sharing Prosperity”

At the end of 2024, PVFCCo introduced its new name and brand identity: Phú Mỹ - Sharing Prosperity. This change is not merely a visual transformation but also a testament to the company’s continuous innovation and commitment to sustainable development. The new brand reflects Phú Mỹ’s dedication to providing international-standard products and services that generate prosperity for customers, partners, shareholders, and employees.

Alongside the rebranding, Phú Mỹ is focusing on the development of high-value processed products such as hydrogen peroxide (H₂O₂) and DEF while promoting clean energy use in business operations. The company is also expanding production by optimizing infrastructure, integrating with the Phú Mỹ Fertilizer Plant, and leveraging Petrovietnam’s refining and petrochemical projects.

Understanding the significance of technology in the digital era, Phú Mỹ is increasing investments in digital transformation, aiming for breakthroughs in management and operations. From 2025 to 2030, the company plans to fully digitize its workflows to enhance efficiency, transparency, accuracy, and operational safety.

Sustainable Growth – Sharing Prosperity

Beyond business success, Phú Mỹ remains committed to its philosophy of "Sharing Prosperity", ensuring mutual growth for customers, partners, investors, and society. The company’s vision encompasses:

• Prosperous Customers

• Prosperous Partners

• Prosperous Phú Mỹ Employees

• Prosperous Investors

• Prosperous Communities

Over the past 22 years, Phú Mỹ has invested over VND 1.2 trillion in social welfare programs, building more than 26,000 homes for disadvantaged families, nearly 300 healthcare and educational facilities, and rural bridges. Additionally, the company has donated hundreds of thousands of relief packages and scholarships to underprivileged students. Phú Mỹ also regularly organizes modern farming technique workshops to help farmers increase productivity and reduce costs.

Green Transformation and Net Zero Commitment

Alongside growth ambitions, Phú Mỹ prioritizes environmental responsibility. The company has implemented various green production initiatives to minimize environmental impact and support sustainable development goals.

Aligning with the Net Zero trend and the government’s green development commitments, Phú Mỹ is executing major projects, including:

• Restarting the high-pressure (HP) steam production project using biomass boilers

• Optimizing fuel gas usage

• Recovering condensate energy at the NH3 plant

Furthermore, Phú Mỹ is incorporating green hydrogen, green ammonia, and biomass into its long-term strategy to replace traditional fuels, reduce emissions, and protect the environment.

Entering a New Era with Confidence

Phú Mỹ’s 22-year journey is not only about business achievements but also about relentless innovation, social responsibility, and environmental stewardship. Building on its solid foundation, Phú Mỹ is stepping into a new phase of development with confidence, ready to conquer greater goals and continue contributing to Vietnam’s agriculture and societal prosperity.