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VINACHEM recognized in The 2026 Forturne Southeast Asia 2026 Ranking

08:52 AM @ Tuesday - 16 June, 2026

Hanoi, June 16, 2026 – Vietnam National Chemical Group (Vinachem) has been recognized for the first time in the 2026 Fortune Southeast Asia 500 (Fortune SEA 500) ranking, marking a significant milestone in the Group’s development journey and reaffirming its position as one of Vietnam’s leading industrial corporations on the regional economic landscape.

According to Fortune, Vinachem ranked 148th among Southeast Asia’s 500 largest companies in 2026. The ranking is based on key financial indicators, including revenue, profit, and total assets, and covers enterprises from seven countries across the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.

This marks the third year that Fortune has published the Southeast Asia 500 ranking, recognizing companies that demonstrate scale, operational excellence, and significant contributions to regional economic development. According to Fortune, Vinachem recorded revenue of USD2.4 billion and profit of USD 146 million in 2025. These results reflect the Group’s solid financial foundation, resilience in adapting to market fluctuations, and the effectiveness of its restructuring and productivity enhancement efforts across the organization.

Mr. Nguyen Huu Tu, Chief Executive Officer of Vietnam National Chemical Group (Vinachem), said:

“Vinachem’s inclusion in the Fortune Southeast Asia 500 ranking in 2026 represents a significant milestone in the Group’s development journey. It is a tangible outcome of our determined efforts to implement the directives of the Politburo under Resolution No. 79-NQ/TW dated January 6, 2026, which sets the objective of having 50 Vietnamese state-owned enterprises among Southeast Asia’s 500 largest companies by 2030.

This recognition not only acknowledges the efforts of nearly 20,000 employees, engineers, and workers across Vinachem in driving innovation, transformation, and sustainable development, but also reflects the growing competitiveness of Vietnamese industrial enterprises in the regional integration process.

The achievement provides additional momentum for Vinachem to further strengthen its business operations, accelerate innovation, digital transformation, and green transition, and expand into high-tech industries. At the same time, it reinforces our commitment to fulfilling our role as a core enterprise of Vietnam’s chemical industry and contributing to the goal of building large-scale, efficient, and internationally competitive state-owned economic groups in line with the spirit of Resolution No. 79-NQ/TW.”

The development of the VinachemMart e-commerce platform and the launch of the Vinachem Agriculture platform represent concrete steps in implementing this strategy. While VinachemMart contributes to advancing digital commerce and strengthening market connectivity, Vinachem Agriculture seeks to connect farmers with scientists, experts, businesses, and government agencies, thereby improving the efficiency of the agricultural value chain and promoting green and sustainable agricultural development.

Looking ahead, Vinachem has identified innovation, digital transformation, green transition, and sustainable development as its key growth drivers. The Group is prioritizing the development of high-value, technology-intensive sectors, including chemicals serving the electronics and semiconductor industries, rare earth extraction and processing, pharmaceutical chemicals, and advanced materials. In parallel, Vinachem is investing in research and development (R&D) centers and integrated industrial parks designed around modern, circular, and sustainable principles, contributing to the enhanced competitiveness of Vietnam’s chemical industry within regional and global value chains.

Vinachem’s inclusion in the Fortune Southeast Asia 500 reflects not only the Group’s scale and financial strength, but also the progress achieved through its transformation, international integration, and efforts to elevate the standing of Vietnam’s chemical industry. This recognition provides a strong foundation for the Group to continue fulfilling its role as a leading enterprise, contributing to national industrial development and strengthening the presence of Vietnamese enterprises on the regional economic stage.