On November 3, 2026, in Ho Chi Minh City, Vietnam National Chemical Group (Vinachem) participated in the Fortune Southeast Asia 500 Summit 2026 under the theme “New Horizons, Enduring Growth”. At the event, Vinachem was officially recognized in the 2026 Fortune Southeast Asia 500 ranking. Representing the Group, Mr. Nguyen Van Luyen, Vice President of Vinachem, attended and received the award, marking a significant milestone in the development journey and affirming the Group's status within the regional business community.

Ms. Ang Khoon Fong – Managing Director of Fortune Asia presents the Certificate of Recognition to Mr. Nguyen Van Luyen, Vice President of Vinachem

According to Fortune Magazine, Vinachem ranked 148th on the list of Southeast Asia's 500 largest enterprises in 2026. This is the first time the Group has been named in this prestigious ranking, recognizing outstanding achievements in production and business operations, corporate scale, and growth capability.

The Fortune Southeast Asia 500 is an annual ranking published by Fortune Magazine, honoring the 500 largest companies in Southeast Asia. Enterprises are evaluated based on key financial metrics including revenue, profit, and total assets, covering companies from seven nations: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.

According to Fortune data, in 2025, Vinachem recorded revenues of USD 2.4 billion and profits of USD 146 million. This result reflects the operating scale, strong financial foundation, and operational efficiency of the Group, while highlighting positive outcomes from restructuring, governance innovation, productivity improvement, and enhanced competitiveness.

Former U.S. Ambassador to Vietnam Marc Knapper, Member of the Advisory Board of the Vietnam International Financial Center in Ho Chi Minh City, congratulates the Group

Vinachem's inaugural inclusion in the Fortune Southeast Asia 500 is particularly meaningful following the Politburo's issuance of Resolution No. 79-NQ/TW dated January 6, 2026, on state economic development, targeting to have 50 state-owned enterprises listed among the top 500 largest enterprises in Southeast Asia by 2030. This achievement serves as a testament to Vinachem's sustained efforts in expanding operational scale, boosting performance, and steadily realizing the goal of developing globally and regionally competitive state-owned enterprises.

Achieving this milestone is the collective effort of nearly 20,000 employees, engineers, and workers across the Group, together with the steering and leadership of Group management and the proactive drive for innovation among member units. Over recent years, Vinachem has focused on fostering innovation, digital transformation, green transition, elevating governance capacity, and production efficiency, laying a robust foundation for stable and sustainable growth.

Alongside consolidating traditional production and business sectors, the Group has progressively expanded into high-tech, high-value-added sectors such as pharmaceuticals, advanced materials, chemicals for electronics and semiconductors, rare earth extraction, and the circular economy. Furthermore, the development of the VinachemMart e-commerce platform and the Vinachem Agriculture platform has strengthened market connectivity, accelerated digitalization, and enhanced product supply chain value.

Attending the Fortune Southeast Asia 500 Summit 2026 and receiving honors in the Fortune Southeast Asia 500 ranking not only acknowledges Vinachem's accomplishments but also drives the Group to continue innovating, enhancing efficiency, and growing sustainably. It marks an essential milestone affirming Vinachem's reputation, status, and leadership role in Vietnam's chemical industry, providing solid groundwork for the Group to ascend regional and international value chains.

Source: Vietnam National Chemical Group (Vinachem)

On the morning of October 22, 2026, in Brussels, Kingdom of Belgium, Mr. Nguyen Huu Tu, General Director of Vietnam National Chemical Group (Vinachem), and Mr. M. Gert Jan Ten Cate, Vice President of Air Liquide Group in charge of Large Industries – World Business Line, exchanged a Memorandum of Understanding (MoU) in the presence of General Secretary and State President To Lam, high-ranking Vietnamese leaders, and representatives of prominent European and Belgian enterprises. The event took place within the framework of the high-level dialogue between General Secretary and State President To Lam and business leaders during his official visit to the European Union (EU) and the Kingdom of Belgium.

The exchange of the Memorandum of Understanding contributes to strengthening the connection between Vinachem and international technology partners, opening up opportunities to study and evaluate solutions to enhance energy efficiency, optimize industrial production operations, and foster sustainable energy transition.

Air Liquide is a world leader in industrial gases, technologies, and services for industry and healthcare. With approximately 65,000 employees, the Group serves 4.3 million customers and patients across 59 countries, playing a vital role in the supply chains of various economic sectors. In 2025, Air Liquide generated revenue of nearly 27 billion euros, combining operational performance with sustainable growth orientation.

Expanding Technological Cooperation, Enhancing Industrial Production Efficiency

Under the MoU, Vinachem and Air Liquide will assess cooperation opportunities and implement initiatives to enhance energy efficiency, operational reliability, industrial safety, and business-production performance.

In the immediate phase, both sides prioritize researching operational efficiency improvement solutions at nitrogenous fertilizer production facilities, focusing on modernizing air separation units and argon recovery systems.

In addition, the two parties plan to expand discussions on potential cooperation fields such as the electronics industry and hydrogen—including low-carbon hydrogen and renewable hydrogen—aiming toward applications that contribute to emissions reduction in industrial activities and across the entire energy value chain.

Gradually Realizing Collaborative Opportunities

Following the MoU exchange ceremony, Vinachem and Air Liquide will coordinate with relevant affiliated units and experts to formulate specialized exchange plans and organize on-site plant surveys, thereby specifically evaluating needs, technological application feasibility, and appropriate cooperation models.

The exchange of the MoU between Vinachem and Air Liquide in the presence of General Secretary and State President To Lam marks an important milestone in strengthening connectivity and expanding the Group's international cooperation. Based on the established partnership framework, Vinachem aims to effectively leverage access to Air Liquide's advanced technologies, enhance production capacity, optimize energy consumption, and explore solutions serving the energy transition. Thereby, the Group contributes to enhancing competitiveness and promoting the sustainable development of Vietnam's chemical industry.

Establishing this cooperation framework also aligns with implementing Resolution No. 79-NQ/TW dated January 6, 2026, of the Politburo on state-owned economic development, which emphasizes the requirement to enhance the operational efficiency of state-owned enterprises, promote the application of advanced technologies, foster innovation, modernize corporate governance, and boost cooperation in scientific and technological research and development.

Through connecting with international technology partners, Vinachem aims to access state-of-the-art engineering solutions, elevate productivity, quality, and operational efficiency; progressively consolidate competitiveness, participate deeper in the global value chain, and contribute to promoting the role of state-owned enterprises in national industrial and economic development.

Source: Vietnam National Chemical Group

On October 9, 2026, at the headquarters of Chemical Industry Engineering Joint Stock Company (CECO), GIC Vietnam Co., Ltd. conducted a recertification audit of the integrated management system according to international standards ISO 9001, ISO 14001, and ISO 45001.

The audit was aimed at reviewing the maintenance, application, and continual improvement of the Company's management system, which encompasses the Quality Management System under ISO 9001, the Environmental Management System under ISO 14001, and the Occupational Health and Safety Management System under ISO 45001. This is a crucial activity that enables the enterprise to review the effectiveness of its management systems, enhance operational quality, and ensure strict compliance with applicable standard requirements.

Organizing the recertification audit demonstrates the strong commitment of Chemical Industry Engineering Joint Stock Company to quality management, environmental protection, and ensuring occupational health and safety for its employees. At the same time, this is also an opportunity for the Company to identify areas for improvement, progressively refine managerial processes, enhance operational efficiency, and strengthen competitiveness.

Through the audit, CECO continues to reaffirm its sustainable development orientation, striving toward enhancing the quality of chemical industry engineering and consultancy services, and meeting the increasingly stringent requirements of clients and partners.

The recertification audit of the ISO 9001 - ISO 14001 - ISO 45001 integrated management system is a practical milestone in standardizing corporate governance, elevating quality, and building a foundation for sustainable growth for Chemical Industry Engineering Joint Stock Company.

Attending the working session with the GIC Vietnam audit team on behalf of CECO were Ms. Nguyen Thi Van Anh - General Director; Mr. La Thanh Toan - Deputy General Director; along with the key management team of company divisions, project directors, and internal auditors.

Some photos of the GIC Audit Team working at CECO:

Opening session of the audit, introducing audit objectives and schedule

GIC audit team presenting audit findings and guidelines

Audit team discussing improvement recommendations with the company

Closing meeting summarising audit results

Quality Management Department

On the evening of October 17, the Standing Committee of the Central Committee of the Vietnam Fatherland Front organized the Launching Ceremony of the Peak Month "For the Poor" 2026; meeting and commending organizations and individuals with significant contributions to social welfare activities during the 2024 - 2026 period under the theme "Great Solidarity - Spreading National Affection and Compatriot Bond". Comrade Nguyen Van Luyen, Deputy General Director of Vietnam National Chemical Group (Vinachem), representing the Group, attended the Launching Ceremony of the Peak Month "For the Poor" 2026 and the commendation meeting for organizations and individuals with significant contributions to social security during the 2024–2026 period organized by the Central Committee of the Vietnam Fatherland Front.

Comrade Bui Thi Minh Hoai, Politburo Member and Secretary of Hanoi Party Committee, delivers a speech at the Peak Month "For the Poor" 2026 program

At the program, Vinachem was honored for its notable contributions to social security work during the 2024–2026 period. This serves as recognition of the Group's responsibility in joining hands to care for people's lives, supporting the poor and disadvantaged circumstances, and contributing to social welfare activities.

Comrade Nguyen Van Luyen, Deputy General Director representing Vietnam National Chemical Group, receives commendation for collectives and individuals contributing to social welfare work.

Comrade Nguyen Van Luyen, Deputy General Director representing Vietnam National Chemical Group, receives commendation for collectives and individuals contributing to social welfare work.

The Peak Month "For the Poor" 2026 was launched in the spirit of "Great Solidarity - Spreading National Affection and Compatriot Bond", aiming to mobilize the participation of agencies, organizations, enterprises, and the community in caring for the poor. The program also contributes to concretizing Resolution No. 79-NQ/TW dated January 8, 2026 of the Politburo on state-owned economic development, linking state enterprise operations with responsibilities toward society and the community.

For Vinachem, alongside the mission of maintaining production, business, and securing employment for workers, participating in social security activities is an integral part of enterprise responsibility toward the nation and the people. The recognition at the ceremony is an incentive for the Group to continue focusing on and coordinating practical support activities directed toward underprivileged localities and target groups.

Promoting the spirit of solidarity and community responsibility, Vinachem continues to integrate business growth with caring for people's lives, encouraging member units and workers to actively participate in community activities. Every contribution tailored to practical conditions will help share difficulties, spread mutual affection, and work together toward sustainable social security objectives.

Source: Vietnam National Chemical Group (Vinachem)

From September 20, 2026 to September 25, 2026, a delegation from Chemical Industry Engineering Joint Stock Company (CECO), led by Mr. Luu Ngoc Vinh - Chairman of the Board of Directors along with key personnel, joined the working delegation of the Department of Chemicals (Ministry of Industry and Trade of Vietnam) to China. The delegation was led by Mr. Phung Manh Ngoc, Director General of the Department of Chemicals.

Within the framework of the working program, the delegation held meetings and working sessions with relevant departments under the Ministry of Industry and Information Technology of China, the Management Board of Jaxiang Economic Development Zone (Shandong), the port-integrated chemical industrial park (Rizhao Chemical Industrial Park), Jinyu Group (Qingdao), Kimou Surface Treatment Industrial Park (Taixing, Jiangsu), and several other locations.

The six-day business trip featured an intensive working agenda across various provinces in China. CECO's participation in this government delegation presented a valuable opportunity for the company to directly observe practical operations, engage with regulatory authorities, industrial zone management boards, and leading chemical enterprises in China.

The primary objective of the visit was to observe, survey, and exchange practical lessons on institutional management models, safety and environmental standard compliance, and green transition policies in the chemical and related industries, thereby fostering investment and bilateral cooperation between enterprises of both countries.

Some photographs from the delegation's working visit in China:

A working session of the delegation during the trip

The delegation taking a commemorative photo at the Ministry of Industry and Information Technology of China

The delegation visiting the Smart Command Center of the Chemical Industrial Park

The delegation taking a commemorative photo at Jinyu Group

The delegation taking a commemorative photo at the entrance of Kimou Industrial Park

On September 11, 2026, in Hanoi, the Vietnam Chemical Industry Trade Union organized the 2026 Northern Region Trade Union Training Conference, featuring two key topics: digital transformation in trade union work and updates/guidance on implementing new legal documents regarding the rights and obligations of employees.

Attending the conference were Comrade Le Hoang, Member of the Standing Committee of the Party Committee, Member of the Standing Committee of the Vietnam Chemical Industry Trade Union, and Deputy General Director of Vietnam National Chemical Group (Vinachem); Comrade Ho Thi Mai Huong, Vice President of the Vietnam Chemical Industry Trade Union; along with nearly 200 cadres who are Members of the Executive Committee, Members of the Inspection Committee of the Vietnam Chemical Industry Trade Union, and Executive Committee Members of grassroots trade unions in the Northern region.
Delivering lectures at the conference were Dr. Vu Duy Thuan from the Faculty of Automation and Artificial Intelligence, Electric Power University, and Dr. Do Ngan Binh, Professional Director of BCLAW Law Company Limited and Lecturer at the Consultation Center, Hanoi Law University.

In her opening remarks, Comrade Ho Thi Mai Huong, Vice President of the Vietnam Chemical Industry Trade Union, emphasized that the training conference was part of the 2026 work program of the Executive Committee of the Vietnam Chemical Industry Trade Union, aimed at updating knowledge and enhancing the operational capabilities and professional skills of grassroots trade union officials.
In the context of digital transformation having an increasingly profound impact on the operations of enterprises and workers, innovating trade union operational methods, applying technology, and improving the efficiency of management and connection with union members have become increasingly essential requirements. Along with that, updating and mastering new legal regulations related to the rights and obligations of employees serves as an important foundation for trade union officials to effectively fulfill their role of representing, caring for, and protecting the legitimate and legal rights and interests of union members and employees.
The conference also provided an opportunity for trade union officials at all levels to exchange experiences and share practical issues arising from operational realities at grassroots units, thereby contributing to elevating the quality of trade union activities in the coming time.
Updating Knowledge on Digital Transformation and Labor Law

At the conference, Dr. Vu Duy Thuan delivered a thematic session on “Digital Transformation in Trade Union Work”. The training content focused on equipping trade union officials with the knowledge and approach suited to digital transformation requirements, while opening up opportunities for applying technology in organizing, managing, and implementing trade union activities.

Next, Dr. Do Ngan Binh presented the topic “Guidance on Implementing New Legal Documents on Employee Rights and Obligations”. The session highlighted key considerations in updating and applying new legal provisions, helping trade union officials enhance their capacity to consult and support union members and employees, while better fulfilling their function of representing, caring for, and protecting the lawful and legitimate rights and interests of workers.

After each topic, participants spent time discussing, exchanging, and addressing practical challenges. Grassroots union officials shared difficulties encountered during practical operations, exchanging practical lessons on applying newly acquired knowledge to workplace situations.
Enhancing the Competence of Trade Union Cadres
With practical content closely aligned with current demands in trade union work, the training program contributed to enhancing the knowledge, skills, and awareness of grassroots trade union personnel. Consequently, union officials have gained a solid framework to innovate operational methods, boost technology adoption, and take greater initiative in representing, caring for, and defending the legitimate rights and interests of workers.

Through the program, trade union cadres were equipped with updated knowledge on digital transformation and emerging labor laws. These practical insights will significantly enhance operational effectiveness, fulfilling modern trade union requirements.
Under the motto “Innovation - Democracy - Solidarity - Development”, the Vietnam Chemical Industry Trade Union continues to focus its initiatives toward grassroots levels, elevating staff quality to safeguard the legal rights of all members.

Following the training session in the North, the Vietnam Chemical Industry Trade Union will proceed with the Southern Region training conference on September 24, enabling union officials across the entire system to continuously enhance their competencies.

Source: Vietnam National Chemical Group (Vinachem)

On the afternoon of September 9, 2026, at the Group headquarters, Comrade Ngo Hoang Ngan, Party Secretary and Chairman of the Member Council of the Group, chaired a working session to hear progress reports on the Ammonia Production Plant Investment Project.

Comrade Ngo Hoang Ngan - Party Secretary, Chairman of the Member Council of the Group chairing the working session

Attending the working meeting were Members of the Group's Member Council: Nguyen Anh Tuan, Le Quang Dung, Nguyen Hoàng Trung; Group General Director Vu Anh Tuan; Group Deputy General Directors: Nguyen Tien Manh, Tran Hai Binh; representatives of specialized departments and the Group Office; leadership of Mining Chemical Industry Holding Corporation - Vinacomin (MICCO) and the engineering consulting unit.

Representatives of the engineering consulting firm preparing the Feasibility Study Report presented technical options and technology selections for the Ammonia Production Plant Investment Project. Accordingly, the consulting unit conducted evaluations with 20 international technology providers worldwide to identify an optimal model delivering maximum economic efficiency for the plant at a design capacity of 90,000 tons/year. The report deeply analyzed core issues regarding design capacity scenarios, estimated total capital investment, raw material supply-demand equations, and detailed competitiveness assessments of ammonia products against market supply pressures.

Consultant representatives reporting technical solutions and technology selections for the project

MICCO leadership representatives reporting progress and presenting project solutions at the working session

Speaking at the meeting, Group General Director Vu Anh Tuan requested participating units to conduct rigorous, practical assessments of technological process lines and overall project economic viability. He also instructed specialized departments within the Group not merely to appraise, but to work closely alongside project owner MICCO to review legal procedures, optimize technical solutions, and ensure highest feasibility and market competitiveness before submitting to competent authorities for approval.

Group Deputy General Directors speaking at the session

Members of the Group's Member Council giving remarks

Group General Director Vu Anh Tuan directing appraisal and project optimization work

In his concluding and directing address, Party Secretary and Chairman of the Member Council Ngo Hoang Ngan noted that units must demonstrate flexibility and innovation in project management and governance. He requested specialized departments of the Group to maintain high responsibility, closely support the project developer, and proactively work with MICCO and the consultant under the motto 'resolve bottlenecks where they arise', balancing accelerated progress with strict legal compliance.

Party Secretary, Chairman of the Member Council Ngo Hoang Ngan delivering concluding remarks

Comrade Ngo Hoang Ngan affirmed the strategic significance of the project in securing self-reliance in long-term Ammonia feedstock supply for industrial explosives manufacturing, advancing sustainable growth for TKV. Project execution must strictly adhere to safety and environmental standards while maximizing available advantages. MICCO and the engineering consultants were requested to absorb all feedback, promptly resolve outstanding matters, finalize project documentation, and report to Group Leadership by late September 2026.

Source: Vietnam National Coal - Mineral Industries Holding Corporation Limited (Vinacomin)

According to proposed research plans, the Ammonia Production Plant is oriented to be constructed adjacent to the existing Ammonium Nitrate Plant in Hung Yen province, with the primary objective of securing self-reliant Ammonia feedstock for Ammonium Nitrate manufacturing.

On August 10, Deputy General Director of Vietnam National Coal - Mineral Industries Holding Corporation (TKV) Nguyen Tien Manh chaired a meeting to review progress on the Ammonia Production Plant Investment Project.

Deputy General Director Nguyen Tien Manh chairing the meeting

According to proposed research plans, the Ammonia Production Plant is oriented to be constructed adjacent to the existing Ammonium Nitrate Plant in Hung Yen province, with the primary objective of securing self-reliant Ammonia feedstock for Ammonium Nitrate production. The Plant is projected to have a capacity of 90,000 tons of Ammonia/year, meeting the raw material demand of approximately 58,000 - 85,000 tons/year of the Ammonium Nitrate Plant. In addition to the primary Ammonia product, the project also plans to recover and produce approximately 50,000 tons of food-grade CO₂/year and 1,600 tons of 98% H₂SO₄/year, contributing to improving the efficiency of resource exploitation and utilization.

The project occupies an estimated land area of approximately 19 hectares. Technological solutions are researched towards applying advanced technologies. The core issue of the project lies not only in optimizing total investment capital, but also in identifying the equilibrium point among capacity scale, product consumption demand, market expansion potential, and overall investment efficiency.

Leadership of Mining Chemical Industry Holding Corporation reporting on project formulation progress.

During the research process, the Mining Chemical Industry Holding Corporation along with the project formulation consultant and verification consultant coordinated to review multiple alternatives to optimize total capital expenditure. One crucial solution is maximizing the utilization of existing shared infrastructure, minimizing duplicate investment, and optimizing capital expenditures.

Alongside capacity scale and market dynamics, technology selection is one of the key areas thoroughly reviewed by the Corporation and the consultant, having evaluated over 20 technological modules based on performance, environmental criteria, automation levels, and suitability with the project's actual operating conditions.

Group Deputy General Director Nguyen Tien Manh emphasized that the Ammonia Production Plant Project is of significant strategic importance in securing autonomous raw material supply, developing the chemical production value chain, and driving new growth momentum for TKV.

Delivering directing remarks at the meeting, Deputy General Director Nguyen Tien Manh acknowledged and highly commended the sense of responsibility and dedication of the Mining Chemical Industry Holding Corporation, the project formulation consultant, and the verification consultant during project research and refinement. This is a critical project of major significance in proactively securing raw material inputs, advancing the chemical value chain, and creating fresh growth momentum for TKV. Therefore, finalizing the project must be carried out with the principle of validating every single input parameter, calculating accurately and comprehensively on transparent foundations, particularly regarding investment efficiency indicators.

Regarding the Feasibility Study Report, the Corporation and the consultant are required to continuously review and update calculation methodologies based on technical-technological parameters and forecast data on coal and Ammonia prices. Price assumptions incorporated into models must possess robust, persuasive justifications during appraisal, reflecting potential market fluctuations. Plant scale alternatives must be established upon comprehensive evidence concerning domestic and external TKV consumption markets, accompanied by technical and environmental considerations. All options must be evaluated synchronously to ensure the project's overarching efficiency.

Source: https://baomoi.com/

Nghị định 25/2026/NĐ-CP creates significant leverage for the chemical industry, requiring financial support mechanisms and technical classification standards to achieve emission reduction targets.

Reducing Pollution Directly at Source

Entering its third decade of evolution, green chemistry is no longer confined to academic theory but has become the "golden key" reshaping global industry, with market scale reaching USD 98.5 billion (in 2020) and projected to grow exponentially.

Green chemistry has been widely recognized for minimizing chemical waste released into the environment and pioneering new research disciplines such as: green solvents, bio-based conversions and materials, alternative energy sources, molecular self-assembly, next-generation catalytic design, and molecular design engineered to minimize hazard risks.

To gain deeper insights into this domain, Industry and Trade Newspaper reporters conducted an interview with Dr. Nguyen Xuan Sinh, Member of the Executive Committee of the Vietnam Chemical Association and Vice Chairman of the Responsible Care Council of Vietnam Chemical Enterprises.

Dr. Nguyen Xuan Sinh, Member of the Executive Committee of the Vietnam Chemical Association, Vice Chairman of the Responsible Care Council of Vietnam Chemical Enterprises. Photo: NVCC

- Sir, what are the fundamental differences between green chemistry and traditional chemical concepts?

Dr. Nguyen Xuan Sinh: Green chemistry is the design of chemical products and processes that minimize or eliminate the use or generation of hazardous substances, maximizing renewable and sustainable raw materials. Thus, green chemistry can also be regarded as sustainable chemistry. Several industry reports have projected that green chemistry represents the future of all chemical industries.

Green chemistry criteria prioritize reducing pollution at source by minimizing or eliminating hazards from chemical feedstocks, reagents, solvents, and final products. This is fundamentally different from cleaning up pollution (also termed remediation), which entails treating waste streams (end-of-pipe treatment) or cleaning environmental spills and releases. Remediation may involve separating toxic chemicals from other materials, then treating them to eliminate hazards or sequestering them for safe disposal. Most remediation activities do not involve green chemistry. Remediation removes hazardous substances from the environment; on the other hand, green chemistry keeps hazardous substances from being emitted into the environment from the very outset.

If a technology reduces or eliminates toxic chemicals used to clean environmental contaminants, that technology qualifies as green chemistry technology. For example, replacing a hazardous chemical adsorbent used to capture mercury from air for safe disposal with an effective, harmless adsorbent. Utilizing non-hazardous adsorbents means hazardous adsorbents are never produced, and therefore, such remediation technology satisfies green chemistry criteria.

- In your view, what barriers are currently hindering enterprises from transitioning to green chemistry models?

Dr. Nguyen Xuan Sinh: Enterprises in the chemical industry are facing major challenges regarding high initial capital investments, technology costs, and green product costs that remain considerably higher than conventional products. Therefore, enterprises with constrained financial resources cannot readily keep pace with these mandatory requirements and require transitional time.

A primary challenge confronting enterprises is the lack of investment capital for green chemistry projects, even for large-scale chemical corporations. Transitioning production technology toward environmentally friendly solutions and alternative raw materials cannot be achieved overnight, while environmental regulations and greenhouse gas emission standards enacted by regions like the EU and Japan pose significant barriers for export compliance.

State regulatory agencies have not yet formulated and promulgated technical classification standards for green chemicals, creating difficulties for chemical companies in benchmarking their compliance against green chemistry criteria. For example, several chemical manufacturing projects such as green hydrogen are being deployed in Tra Vinh and Ben Tre, yet national technical regulations related to green hydrogen products and green hydrogen storage standards have not been finalized or issued…

Policy Solutions to Embed Green Chemistry into Manufacturing Reality

- In Decree 25/2026/ND-CP with 12 green chemistry principles, how will codifying these criteria into law create a breakthrough for existing chemical plants and facilities?

Dr. Nguyen Xuan Sinh: First and foremost, it must be acknowledged that Chemical Law No. 69/2025/QH15 established a framework under Article 5, Chapter II regarding the development of the chemical industry. Accordingly, chemical project developers are obligated to apply the set of principles in design, technology selection, equipment, manufacturing processes, usage, and disposal of chemicals to minimize or eliminate the use and generation of hazardous chemicals (hereinafter referred to as green chemistry principles). Simultaneously, project reports must document the application of green chemistry principles.

Green chemistry in industrial production. Illustrative photo

Decree No. 25/2026/ND-CP issued on January 17, 2026 stipulated 12 Green Chemistry principles, comprising 4 mandatory principles and 8 encouraged principles. With these criteria codified into Laws and Decrees, it will undoubtedly deliver a powerful catalyst and positive impacts across chemical plants and enterprises today:

Firstly, legal codification creates standardized, synchronized compliance, mandating adherence across all enterprises regardless of scale, state-owned or private, domestic or foreign-invested.

Decree 25/2026/ND-CP also stipulates evaluating the application of green chemistry principles in engineering design and technology/equipment selection for projects. Consequently, project developers must strictly satisfy these requirements; failure to satisfy them during project appraisal will halt project deployment, directly affecting investment execution.

Practical experience gained from collaborating with numerous operating chemical companies and prospective projects demonstrates the positive efficacy of legalizing green criteria. Shifts in mindset regarding green chemistry have yielded tangible benefits: consumer preference for eco-friendly, health-safe products, and mandatory Chemical Incident Prevention and Response Plans. These enhancements help enterprises build superior brand reputation and access demanding global export markets…

- To ensure Decree 25/2026/ND-CP and green chemistry truly penetrate manufacturing practice, what specific mechanisms and policies should be enacted for enterprises?

Dr. Nguyen Xuan Sinh: As mentioned, green chemistry principles enacted under Chemical Law 69/2025/QH15 and Decree 25/2026/ND-CP bring positive impacts, but also generate substantial compliance pressure, especially for SMEs. Therefore, support policies for businesses adopting green chemistry are essential. I propose several key policy recommendations:

First, completing the legal framework for green chemistry application, wherein chemical regulatory authorities and relevant ministries must promptly develop and issue technical criteria and standards regarding green chemistry.

Second, the Government and relevant ministries should promptly formulate and promulgate preferential policies on technology, finance (investment and taxation), and green credit to accelerate comprehensive enterprise transitions.

Specifically, enterprises with projects revamping technologies and reducing hazardous emissions should access concessional loans and international climate funds.

Third, establishing enterprise support funds, including direct support from national and local industrial extension programs.

Fourth, technical assistance and specialized training: Utilizing international cooperation projects and expert networks to deliver continuous technical training, enhancing awareness and capacity for green chemistry implementation.

Fifth, fostering international cooperation to access and transfer proprietary core technologies, supporting domestic enterprises in connecting with reputable global technology providers…

Dr. Nguyen Xuan Sinh: Policies need to be formulated and issued promptly so that

enterprises can orient and develop concrete action plans.

Source: Industry and Trade Newspaper (Báo Công Thương)

On May 27, 2026, the 2026 Employee Conference was held at the company headquarters. The conference was attended by the Board of Directors, Board of General Management, Executive Committee of the Trade Union, Youth Union Secretary, Heads and Deputy Heads of departments, and all employees working at the company headquarters.

At the Conference, Mr. Luu Ngoc Vinh - Chairman of the Board of Directors, Representative of the Employer, presented the Report on Business and Production Performance, the implementation of policies and regulations concerning the rights and obligations of employees in 2025, and the Business and Production Plan for 2026. Mr. Nguyen Van Quy - President of the Company Trade Union, delivered a transparent report on the trade union revenue and expenditure in 2025 and reported on the draft 2026 Collective Labor Agreement.

In an atmosphere of democracy and openness, the Conference discussed, answered questions and recommendations from employees, and outlined practical solutions for implementation.

Exercising grassroots democracy regulations at the workplace, the conference voted with 100% consensus to elect members representing the collective employees to participate in periodic dialogue with the employer as nominated by the Trade Union Executive Committee. The Conference also approved contributions to the 2026 Social Security Fund in accordance with guidance from superior trade unions.

The conference concluded successfully in an enthusiastic and united atmosphere, with high determination to successfully implement the Resolution of the 2026 Employee Conference.

Some photographs from the Conference:

Source: Market Management Department