VINACHEM

"On April 25, 2025, Lam Thao Fertilizers & Chemicals Joint Stock Company (LAFCHEMCO) successfully held the Labor Conference 2025 and summarized the patriotic emulation movement for the 2020-2025 period. The conference was attended by Mr. Phùng Quang Hiệp - Member of the Executive Committee of the Government Party Committee, Secretary of the Party Committee, Chairman of the Member Council of the Group; Mr. Nguyễn Văn Quý - Permanent Deputy Secretary of the Group's Party Committee; Mr. Đào Trọng Cường - Deputy General Director of the Group; Mr. Nguyễn Huy Thông, President of the Vietnam Industrial Chemical Trade Union; Representatives of the Phu Tho Provincial Labor Federation, along with 460 delegates representing more than 1,800 employees of the Company. 

China is considering exempting some chemical imports from the US, including ethane, polyethylene (PE) and styrene polymers, from tariffs, according to an unofficial document obtained by ICIS on Friday. 

At the start of the year cobalt prices fell to their lowest level ever on an inflation adjusted basis and reached near decade lows nominally. 

US Trade Representative Jamieson L. Greer and Vietnamese Minister of Industry and Trade (MOIT) Nguyễn Hồng Diên agreed on the importance of making swift progress towards reciprocal and balanced trade between the US and Vietnam. 

The United States’ decision to impose a 46% import tariff on Vietnamese goods has sent shockwaves through Vietnam’s export-driven economy. To remain globally competitive, Vietnam must restructure its economic model. 

On April 24th, in Can Tho, Can Tho Fertilizers and Chemicals Joint Stock Company (CFC) held the 2025 Labor Conference. Attending included Mr. Dao Trong Cuong, Deputy General Director of Vietnam National Chemical Group; Mr. Nguyen Huy Thong, President of the Vietnam Industrial Chemical Trade Union, along with the whole employees of company. 

Vietnam and the U.S. have officially launched bilateral talks, aiming for balanced, mutually beneficial trade relations.