Viet Nam Chemical Corporation

Viet Nam Chemical Corporation Company Profile

Company Overview:

Viet Nam Chemical Corporation, widely known as VINACHEM, is a leading state-owned enterprise in Vietnam's chemical industry. Established with a strategic mission to develop and manage the national chemical sector, VINACHEM integrates a broad spectrum of activities including research, development, manufacturing, and distribution of chemical products. The corporation holds a significant position in the Vietnamese economy, supporting various industrial and agricultural sectors through its extensive operations.

Main Activities and Products:

VINACHEM's extensive business operations cover several key chemical segments:

- Fertilizers: A primary producer of various types of fertilizers, including urea, DAP, superphosphate, and NPK compounds, which are vital for agricultural productivity in Vietnam.

- Industrial Chemicals: Manufacturing a range of basic industrial chemicals, acids, and alkalis used as raw materials in other industries.

- Rubber Industry: Engaged in the production of natural rubber and various rubber-based products.

- Basic Chemicals: Production of essential chemicals for diverse industrial applications.

- Other Chemical Products: Includes detergents, pesticides, and other specialized chemical goods.

Organizational Structure:

As a major state-owned group, VINACHEM operates through a network of subsidiary companies, joint ventures, and numerous factories located throughout Vietnam. Each subsidiary often specializes in particular chemical production lines, contributing to the corporation's comprehensive manufacturing capabilities and market reach.

Nature of Business:

Viet Nam Chemical Corporation is primarily a manufacturer. It functions as a large industrial group that owns and operates a significant number of production facilities and factories across Vietnam. While it also conducts trading activities for its own manufactured goods and raw materials, its fundamental role and core identity are centered around production and manufacturing. It is a factory-owning entity rather than solely a trading company.

Viet Nam Chemical Corporation (Vinachem) manufactures and sells a wide range of products, including:

Fertilizers such as urea, NPK, and superphosphate.

Rubber products including tires, inner tubes, and technical rubber items.

Basic chemicals like sulfuric acid, phosphoric acid, soda ash, and caustic soda.

Plant protection chemicals and pesticides.

Detergents and other household chemical products.

Industrial explosives for mining and construction.

Paints and coatings.

Industrial gases.

Pharmaceutical chemicals.

Chemicals for the textile and leather industries.