VINACHEM

Following the development strategy for the 2026-2030 period approved by Vinachem, Van Dien Fused Phosphate confidently sets a goal for strong and sustainable growth in the new era.

With a proud history spanning over 62 years of formation and development, Van Dien Fused Phosphate Joint Stock Company (VADFCO) has always been a reputable, leading brand in the fertilizer production industry in Vietnam. The Van Dien Fused Phosphate and Van Dien Multi-element NPK Fertilizer products have become trusted companions of farmers across the country for decades.

Continuing the achievements and precious tradition of one of the leading fertilizer enterprises under the Vietnam National Chemical Group (Vinachem), Van Dien Fused Phosphate is ready to step into a new phase, joining the nation in entering the "New Era - The Era of National Ascent."

Currently, Van Dien Fused Phosphate Joint Stock Company is laying the foundation for its development strategy for the 2026-2030 period, aiming for production modernization, market expansion, and an increase in export proportion.

The company's core focus is on technology improvement and preparations for strategic investments. According to the 2025 business production plan, Van Dien Fused Phosphate strives to achieve an industrial production value of 1,400 billion VND, an increase of 13% compared to 2024; a profit of over 150 billion VND, equivalent to 197% of 2024; and to successfully meet and exceed the plan assigned by the Vietnam National Chemical Group.

Mr. Văn Hồng Sơn, General Director of Van Dien Fused Phosphate Joint Stock Company, emphasized that 2025 is identified as a crucial pivotal year for VADFCO to implement Official Letter No. 226/HCVN - KHKD dated February 20, 2025, from the Vietnam National Chemical Group and Resolution No. 25/NQ-CP dated February 5, 2025, of the Government regarding the national growth target of 8% or higher for 2025.

The company is focusing on key tasks such as: Researching and improving the existing blast furnace technology, increasing capacity by an additional 15-20% (2025-2027 Phase), and implementing the investment project for the Fused Phosphate and NPK Production Plant in Bim Son (Thanh Hoa) during the 2026-2030 period to meet the rapidly increasing demand for fused phosphate in both domestic and international markets.

According to Mr. Nguyễn Hữu Tú General Director and CEO of VINACHEM, the Fused Phosphate and NPK Production Plant Project in Bim Son is one of the key projects with strategic significance for Vinachem in the field of phosphate-based fertilizers, contributing to raising domestic production capacity, reducing imports, and expanding export potential.

Defining development goals for the 2026-2030 period, the Vietnam National Chemical Group determines that the strategy for Van Dien Fused Phosphate must be closely linked to growth based on modern production technology, smart, and sustainable management technology.

Specifically, in the next 5 years, Van Dien Fused Phosphate Fertilizer any aims to maintain an average growth rate of 8 - 10% per year, ensuring a balance between production development, technology innovation, and market expansion.

• For Fused Phosphate products: The Company plans to increase output from 260,000 tons (in 2025) to 380,000-424,000 tons per year by 2030. It will synchronously operate all phases of the Bim Son Plant, apply advanced production technology, and increase resource utilization efficiency. Production of high-grade fused phosphate products for export and long-term industrial crops will be enhanced.
• Regarding NPK products: The focus is on the high-quality specialized NPK line. During the 2026-2028 period, growth of 8-10% per year will be maintained through technical improvement and marketing. From 2029, when the NPK line at Bim Son becomes operational, the projected output is 44,000 tons per year, increasing by 13-15% per year.
  By 2030, VADFCO's total revenue is projected to reach over 2,822 billion VND, profit over 300 billion VND, and the investment fund will increase 4 times compared to 2025.
  In parallel with investment in production expansion, Van Dien Fused Phosphate Company is simultaneously implementing several solutions:
• Proactive raw material sourcing: Blending domestic apatite ore with imported sources, researching technology for poor ore beneficiation and sintering to ensure long-term production stability.
• Digital transformation in management: Applying a system for real-time production monitoring and quality traceability.
• New product development: Focusing on the Phosphate-Silicon line, organic mineral NPK, and specialized fertilizers for industrial crops, meeting the trend of sustainable agriculture.
• Market and brand enhancement: Expanding distribution channels in the Central and Central Highlands regions; boosting promotional activities at international agricultural fairs.

To achieve these groundbreaking and sustainable strategic goals, VADFCO proposes to its partner units, VINACHEM, and relevant agencies:

• VADFCO proposes that Vietnam Apatite One Member Limited Company needs to ensure a stable supply of ore, sufficient for the increasing demand for phosphate products up to 400,000 - 600,000 tons per year, while also allocating more ore with 26% quality for export, to maintain the continuous production chain and expand the international market.
• The Vietnam National Chemical Group to consider granting the Company a special mechanism for drawing from the development investment fund during the investment phase, allowing Van Dien Fused Phosphate Joint Stock Company to concentrate financial and human resources, accelerate construction progress, and bring the Bim Son phosphate production line into commercial operation sooner.
• Petition the Ministry of Agriculture and Environment to consider amending and supplementing the Decision on fertilizer testing, creating a favorable legal framework for the enterprise to shorten the testing process, quickly introduce new products to the market, and increase the competitiveness of Vietnamese goods.

With a determination for innovation and a sustainable investment strategy, VADFCO is heading towards a new, modern, sustainable, and deeply integrated development phase.

The 2026-2030 period will be a crucial turning point, positioning the Van Dien Fertilizer Brand to not only maintain its leading position domestically but also to affirm its mark in the regional fertilizer market.