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PVCFC, a subsidiary of Petrovietnam, reported record revenue of VND 17,033 billion in 2025 and will continue a 20% cash dividend payout. The company held its 2026 annual general meeting on April 22 in Ho Chi Minh City in a hybrid format with online voting.
Chairman Trần Ngọc Nguyên reviewed key milestones, noting that the 2020–2025 period delivered strong development. In November 2025, PVCFC converted its operating model to a group company and expanded from fertilizer trading into plant-nutrition solutions, post-harvest technology, and agricultural product processing for export.
Mr. Nguyên highlighted that 2025 revenue doubled compared with 2020, while the dividend payout ratio averaged 20% over the past five years. Based on these results, PVCFC targets revenue of over VND 30,000 billion by 2030, with a focus on integrating into a sustainable value chain.
Export activity remained a bright spot. PVCFC reported output of 458,000 tons with export value of USD 192.7 million, expanding sales to 22 countries.
On digital transformation, the company launched a plant-tour website using VR360 technology and upgraded its virtual assistant “Anh hai Ca Mau” with OpenAI to support users in finding agricultural information, fertilization techniques, and product data. PVCFC also completed e-commerce features on the 2Nong app, deployed online sales channels via Shopee and the 2Nong app, developed a Loyalty app, and built a new website for international markets.
Looking ahead to 2026, CEO Văn Tiến Thanh said the global environment remains complex due to unpredictable weather and climate conditions. He cited positive signals from macro policies and the green transition, alongside opportunities in biologic fertilizers and smart crop-nutrition.
PVCFC set conservative consolidated targets for 2026, including revenue of VND 17,615 billion and pre-tax profit of VND 1,319 billion. For production, the company plans to produce 926,000 tons of urê and 350,000 tons of NPK.
In response to global fertilizer market risks driven by energy price volatility, supply-chain disruptions, and input cost pressures, PVCFC said it will focus on optimizing operations, improving production efficiency, accelerating digital transformation, expanding export markets, and developing new sustainable products.
During the general meeting, PVCFC dismissed and elected members of the board of directors and the supervisory board. Văn Tiến Thanh was elected Chairman, replacing Trần Ngọc Nguyên. Nguyễn Thanh Tùng was appointed as a board member and CEO. Bạch Đức Long remains a board member, while Nguyễn Văn Sơn was elected as an independent director.
For the Supervisory Board, Phạm Minh Vĩ serves as Chair, and Đinh Nhật Dương serves as a member.
In the near term, PVCFC aims to become a leading Southeast Asian company in fertilizers, industrial gases, and chemicals, while expanding into biotech and agricultural processing. The company said its growth strategy combines depth and breadth, aligned with technology innovation and sustainable development, and that it will continue strengthening governance, integrating ESG, standardizing processes, and accelerating digital transformation.
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