Vision to reach further

The Forbes Vietnam Top 50 Listed Companies Award named PVCFC for the second consecutive time, recognizing the sweet achievements the company has achieved in 2022. Two years of winning the title of “Top 50 Best Listed Companies” partly proves the commitment of PetroVietnam Ca Mau Fertilizer Joint Stock Company to shareholders and investors in terms of business performance and sustainable and stable development. The principle of “customer centered” is both the goal to strive for and the foundation that paved the way for the resounding successes of PVCFC today.

With the breakthrough achievements achieved during the year, PetroVietnam Ca Mau Fertilizer Joint Stock Company, with the brand name “ Ca Mau Fertilizer – Crop Golden Pearl”, is honored to be in the Top 100 brands that won the Vietnam Gold Star Award. With the 4th time being trusted and voted into the Top 100 prestigious Vietnam Gold Star Awards, once again affirming the position and stature of a leading brand in the field of fertilizer production and business of PVCFC, a pioneer in creating sustainable and prosperous values for the social community, actively contributes to the process of innovation, integration and economic development of Vietnam.

Serving agriculture effectively with a chain of superior high-quality products, contributing to ensuring domestic food security, raising Vietnam’s trade in the international arena, PVCFC is proud to be honored with “National Brand” Vietnam” for the fifth consecutive time. That is not only a glorious achievement that the Company has achieved in 2022 but also a spiritual torch that guides PVCFC to move forward more firmly, affirming the pioneering spirit of a leading fertilizer manufacturing and trading brand in Vietnam.

With the spirit of creativity and innovation, regularly researching and applying science and technology to production activities, Ca Mau Fertilizer Plant has maintained safe and effective operation for many years. By the end of 2022, the Plant has reached 9 million tons of urea products - this is a meaningful milestone on PVCFC’s journey to serve the country’s agriculture. Also in the year, with the maintenance of 45-day continuous operation of the granulation cluster (the period from February 7, 2022 to March 23, 2022), PVCFC set a new record in operation and was awarded a certificate of record among plants in the tropical areas for using fluidized bed granulation technology of the copyright house TOYO (Japan).

Facing the volatile general context of the domestic and foreign fertilizer market, with the strategy of “Great adaptability - Strong innovation”, PVCFC has overcome difficulties, conquered challenges, and made its own marks with record revenue of 16,240.76 VND billion in 2022s, reaching 112% of the plan. More specifically, the company’s revenue in the year exceeded the target revenue of 2025 expected at 15,000 VND billion. This is a worthy achievement for PVCFC’s persistent dedication and efforts, a testament to the determination and consensus from the Leaders to all employees and above all, the drastic direction and direction. timely management of the Group’s leaders in the management and operation of PVCFC for a continuous, stable and long-term operation, creating momentum for the Company’s strong momentum in the future.

In 2022, PVCFC completed the acceptance test, putting the NPK Plant into operation, continuing the Company’s mission of perfecting the comprehensive line of nutritional products for plants. Ca Mau NPK Plant has a capacity of 300,000 tons/year, applying modern production lines of the EU and G7, pioneering in advanced liquefaction technology to ensure the expectation of helping farmers have more options of high quality products, reliable for farming activities, improve productivity, reduce costs, win the whole trust of customers.

On December 3, the second annual National Forum “Culture with Business” in 2022 took place in Hanoi with the theme “Cultural revival - the foundation for economic recovery and sustainable development”. At the Forum, PVCFC was honored and awarded the certificate of “Enterprise meeting the standards of Vietnamese business culture” in 2022, meeting the standards of the Vietnam Business Culture Criteria approved by the National Council. The fact that PVCFC is honored at the forum shows the recognition of the Government, ministries, departments, sectors, business community, organizations and society... for the sound values of business culture, corporate culture that PVFC always strives to build up and nurture, is the driving force to continue writing golden history pages on the company’s sustainable development journey.

Closing the year 2022 with many outstanding achievements, PVCFC continues to be honored with record of export volume of more than 410,000 tons, contributing to the revenue of USD 260 million, equivalent to VND 6,200 billion. The company is honored to receive the Double Award of Prestigious Exporting Enterprise, collecting foreign currency for Vietnam. The import-export activities with many breakthroughs also contributed to ensuring the balance of domestic supply and demand, bringing the Company’s inventory to a reasonable level in the context of many difficulties in the domestic market. This is considered a brightlight spot, a proof for PVCFC’s flexible adaptation in business in 2022.

The “Talented Young Worker” award is a noble award of the Central Committee of the Ho Chi Minh Communist Youth Union to honor and reward young workers with high skills and excellent achievements in working; have creative solutions applied in production, bringing about economic and social efficiency. In the past year, PVCFC is proud to have 04 typical faces honored and awarded with noble awards. All of them are employees who have made many innovations and inventions, reached excellent achievements in labor emulation movements, actively contributing to the production and business activities of each unit and the development of each unit and general development of PVCFC.

On the morning of October 18, 2022, in Bac Lieu, PVCFC’s Human Resource Management Board announced the decision and made formalities to give the Decision to establish the Deployment Committee to implement the project of developing new products and sets of agricultural service solutions. The Project Board of developing new products and sets of agricultural service solutions will connect the strategic goals of the Research - Development Center, the Sales Department and the Marketing Department to serve the five strategic goals of the Company, of which, focusing on developing projects on strategy of developing new products for crop nutrition and soil improvement products; developing projects on the development strategy of a set of solutions and projects related to the development of agricultural services.