…Elevating Science and Technology in the Chemical Industry

Science and technology are the backbone of the chemical industry’s breakthrough and sustainable development. Therefore, Vinachem places special emphasis on R&D, viewing it as a strategic investment. We are implementing the “Science, Technology, Innovation, and Digital Transformation Program for 2025–2030, with a Vision to 2040” across the Group. Within this framework, Vinachem advocates forming high-tech R&D centers both inside and outside the Group.

Internally, we are upgrading and expanding existing chemical research institutes into key R&D centers, focusing on applied research and technological innovation for specific sectors (fertilizers, basic chemicals, new materials, etc.). Vinachem has utilized its Science and Technology Development Fund to sponsor thousands of research projects and technical initiatives during 2016–2020, creating tens of billions of VND in value annually. These results empower us to invest in modern laboratories and innovation centers within the Group to master and lead core chemical technologies.

Regarding external linkages, Vinachem has proactively established strategic partnerships with leading research and training institutions. In June 2025, the Group signed a long-term cooperation agreement with Hanoi University of Science and Technology (HUST), followed by the Industrial and Commercial Strategy and Policy Research Institute (Ministry of Industry and Trade), and will soon expand cooperation with the Vietnam Academy of Science and Technology (VAST). These programs focus on high-level human resource training, building a team of experts, and transferring advanced technologies, particularly for modern, large-scale chemical projects.

Simultaneously, Vinachem leverages its network of laboratories and practical corporate databases in collaboration with institutes and universities to drive innovation. Based on this extensive scientific partnership platform, the Group aims to establish an international-standard system of chemical R&D centers by 2030, capable of researching and manufacturing high-tech products, thereby elevating the scientific and technological standards of the entire Vietnamese chemical industry.

Deepening Participation in the Global Economy and Expanding Influence in Spearhead Sectors

Deeply integrating into the global economic value chain is an inevitable requirement if we are to elevate the standing of the chemical industry. Vinachem’s strategy focuses on proactive market orientation and building the “Vietnam Chemical” brand in both domestic and international arenas. First, domestically, we are implementing large-scale, national-level brand positioning programs to broaden the development prospects for the products of our subsidiaries. Vinachem actively responds to the campaign “Vietnamese people prioritize using Vietnamese goods,” strengthening alliances with leading domestic economic groups (such as those in agriculture and industry) to form tight value chain links between state-owned and private sectors. In fact, this cooperation has yielded impressive results: many of our “Made in Vietnam” chemical products have gradually dominated the domestic market and gained consumer trust. This provides the foundation for Vinachem to expand its influence into export markets.

On the international stage, Vinachem is proactively reaching out to foreign markets to affirm the position of the Vietnamese brand within the global supply chain. We are continuously enhancing our product quality standards to meet the world’s most stringent requirements. Currently, many of the Group’s flagship products meet international standards. We are boldly diving into modern technology products—exemplified by our research and development of smart tires with embedded chips and high-performance lithium batteries—to conquer even the most sophisticated customers. By 2025, Vinachem expects to successfully sign supply contracts with prestigious global brands. The choice of Vinachem products by international brands not only generates export revenue but, more importantly, serves as a source of pride, affirming the stature of Vietnamese industry on the global map. Besides direct exports, we are also deeply participating in the value chains of global spearhead industries. For instance, Vinachem and Petrovietnam are oriented toward developing products for the semiconductor industry, new energy, electronics, and automation—high-tech sectors that Vietnam is currently targeting. This cooperation helps enhance domestic production capacity while strengthening Vietnam’s integration into the world industrial value chain.

In addition to ongoing strategic investments, the potash salt mining and processing project in Laos is currently under implementation; once completed, it will provide a stable source of potash fertilizer for Vietnam and for regional exports.

Parallel to market expansion, the Group places special emphasis on enhancing core competitiveness to meet the demands of the new era. We are decisively implementing the Vinachem Restructuring Plan for the 2021–2025 period, as approved by the Government, to streamline our organizational structure and modernize corporate governance. Through these strategic orientations, Vinachem not only stands side-by-side with its subsidiaries but also clearly demonstrates its leading role in driving the development of the Vietnamese chemical industry within the global economic value chain.

…Digital Transformation of the Chemical Industry

Digital transformation is no longer an option; it is a vital mandate to enhance competitiveness. Vinachem is proud to be a pioneer in the digitalization of the chemical industry. We have developed and implemented the “Vinachem Digital Transformation Program 2025–2030” alongside our general development strategy, aiming for a “Twin Transition”: synchronizing digital transformation with green transformation. In May 2025, Vinachem launched VinachemMart—the first e-commerce platform for the Vietnamese chemical industry. VinachemMart directly connects chemical manufacturers with consumers and corporate clients, helping to digitalize the supply chain and increase market transparency. Through this e-commerce platform, we have eliminated intermediaries, optimized logistics costs, shortened delivery times, and expanded online export opportunities. Currently, VinachemMart integrates data analytics and automated customer care tools, gradually applying Artificial Intelligence (AI) to enhance the user experience. The initial success of VinachemMart (with thousands of visits and transactions immediately upon launch) demonstrates the immense potential of the digital economy within our industry.

Beyond distribution channels, Vinachem also focuses on digital transformation in production. We are building Smart Factories and Factory 4.0 models at many subsidiaries. This involves integrating modern technologies such as IoT (Internet of Things), automation, robotics, and Big Data analytics into chemical production processes. Many Vinachem factories have begun applying automated lines, digital energy management systems, and smart manufacturing execution software. As a result, labor productivity has significantly increased, operating costs are more optimized, and—most importantly—environmental risks are minimized. For example, the automated monitoring and control system at the DAP Dinh Vu plant allows for continuous tracking of environmental parameters to ensure timely adjustments for emission reduction. Additionally, some enterprises have deployed robots in transport and loading/unloading stages, saving human resources and ensuring occupational safety. Shifting from traditional production to digitalized models is creating a cleaner, more sustainable production base in the long term. This is our contribution to the “greening” trend of the industry.

In parallel with technical infrastructure, Vinachem emphasizes training a digital workforce and building a data-driven culture. We organize numerous capacity-building courses for managers on digital and green transitions, encouraging staff and engineers at plants to propose innovation initiatives using digital technology. The Group has also established a centralized database and implemented ERP and Big Data management systems to support practical, data-driven decision-making. Thanks to digital transformation, many internal reporting and administrative processes at Vinachem have been electronicized, reducing paperwork and improving overall efficiency.