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On the afternoon of March 25, 2026, at the headquarters of Vietnam National Chemical Group (Vinachem), No. 1A Trang Tien Street, Hoan Kiem District, Hanoi, Vinachem and Vietnam Maritime Corporation (VIMC) held a ceremony to sign a comprehensive cooperation agreement, marking a new milestone in the partnership between the two state-owned enterprises in the fields of industry and maritime logistics.

Attending the ceremony, on behalf of Vinachem were Mr. Phung Quang Hiep – Secretary of the Party Committee and Chairman of the Members’ Council; Mr. Nguyen Huu Tu – Member of the Members’ Council and General Director; Mr. Nguyen Van Luyen – Deputy General Director; representatives of the Members’ Council, the Chief Accountant, leaders of functional departments and the Group Office, along with representatives of subsidiaries and affiliated joint-stock companies.

On the side of Vietnam Maritime Corporation were Mr. Nguyen Canh Tinh – Chairman of the Board of Directors; Mr. Le Anh Son – General Director; Mr. Nguyen Ngoc Anh – Deputy General Director; Mr. Do Hung Duong – Member of the Board of Directors; along with representatives of functional departments, the corporate office, and several member units.

The comprehensive cooperation agreement between Vinachem and VIMC is based on leveraging each party’s strengths in production, business, and service activities. Accordingly, the two sides agreed to strengthen cooperation in using each other’s products and services; coordinate in maritime transport, logistics, and port services; collaborate in product distribution and brand promotion; and explore joint investment programs and projects, as well as other areas aligned with each party’s development orientation.

For Vinachem, with its network of member units operating in fertilizer production, basic chemicals, consumer chemicals, industrial rubber, batteries and accumulators, and mineral mining and processing, cooperation with VIMC will help enhance efficiency in transportation, logistics, warehousing, and distribution—particularly for fertilizers, chemicals, rubber, batteries, and other industrial products.

For VIMC, with its nationwide network of shipping, seaports, and logistics services, cooperation with Vinachem will create opportunities to expand transport, logistics, and port service markets, while strengthening supply chain linkages between industrial production and maritime logistics.

The signing of this comprehensive cooperation agreement not only opens up new business opportunities for both enterprises but also contributes to strengthening linkages among state-owned enterprises in key sectors of the economy. It helps leverage each party’s strengths, improve operational efficiency, and enhance competitiveness in the context of economic integration and development.

The agreement also represents a concrete step in implementing Politburo Resolution No. 79-NQ/TW on continuing to innovate and improve the performance of state-owned enterprises in the new phase. The resolution emphasizes the role of SOEs in leading, linking, and forming large-scale production–supply–service chains, thereby enhancing national competitiveness. In this context, strengthening cooperation among SOEs with complementary strengths—such as chemical industry and maritime logistics—not only optimizes existing infrastructure and capabilities but also fosters sustainable economic linkages in line with the Party and Government’s direction.

Speaking at the ceremony, Mr. Phung Quang Hiep noted that although the two sides had established a foundation for cooperation, coordination had not yet been fully synchronized or systematic. Through this agreement, Vinachem aims to comprehensively review cooperation areas and maximize each party’s strengths to improve efficiency and sustainability. He emphasized that, given the Group’s significant demand for transportation and raw material imports and VIMC’s logistics advantages, there remains substantial potential for practical cooperation to optimize costs and create added value. He stressed that signing the agreement is only the starting point, and the key lies in effective implementation.

Also speaking at the event, Mr. Nguyen Canh Tinh, Chairman of VIMC, expressed his pleasure at attending a significant event marking a new phase in bilateral cooperation. He highlighted that the relationship between the two organizations has been built over time on mutual understanding, trust, and continuity across leadership generations—providing a solid foundation for future collaboration. However, to enhance effectiveness, he noted the need for a more structured, specific approach, along with strong discipline and accountability in implementation.

In the context of ongoing restructuring and the strengthening of state-owned enterprise roles by the Party and Government, he emphasized that enhancing cooperation among enterprises is essential. The two sides share similarities in development trajectories and have both overcome periods of difficulty, creating a basis for mutual understanding and long-term partnership.

Mr. Nguyen Canh Tinh also commended Vinachem’s efforts in restructuring, stabilizing production, and moving toward sustainable development, considering this a solid foundation for expanding cooperation—not only in service provision and product distribution but also in deeper forms such as joint ventures and partnerships in suitable areas. With their respective strengths and potential, he expressed confidence that the cooperation between the two corporations will deliver tangible benefits, enhance competitiveness, and contribute positively to the overall development of the national economy.

The signing of the cooperation agreement between Vinachem and VIMC is expected to provide a foundation for implementing concrete cooperative programs in the near future, contributing to the development of an integrated, efficient supply chain, logistics, and industrial production ecosystem, thereby supporting the country’s economic growth.