the steadfast internal strength

PVCFC strives to increase sales of fertilizer product lines from 6 - 10% per year, depending on the specific product structure and proportion of each product to ensure the completion of revenue and profit targets.

In terms of revenue, improving the growth rate from 5 - 10%/year and striving by 2025, PVCFC is one of the five leading businesses in Southeast Asia in terms of revenue.

PVCFC continues to focus on manufacturing, trading and distributing Urea core products in the domestic market. Besides, the Company also actively deploys reasonable export channels from time to time, helping to maintain continuous production and reduce inventories and excess domestic supply.

Regarding NPK, PVCFC strives to increase consumption in the domestic market, especially the target markets of the Mekong Delta, the Southeast and the Central Highlands, and the strategic market in Cambodia.

Besides the inorganic product line, PVCFC gradually expanded its portfolio and exploited the organic fertilizer segment with the product OM CAMAU to adapt to the changing business environment in the new situation.

In addition, in order to be proactive in trading other fertilizer products, PVCFC researched and exploited more import and export segments to organize the import of DAP, Potassium, NPK, SA fertilizer sources to serve the demand for raw materials of NPK Plant and other domestic distributors.

Maintain and operate Ca Mau Fertilizer Plant Cluster (Urea, NPK) stably, safely and effectively; Continue to maintain the operation of the Urea Plant with optimal capacity as achieved in the past time (from 108 - 112%/year) to implement the optimization problem of the Company’s scale.

Make adequate budget investment for R&D to timely supplement resources in terms of equipment, facilities, laboratories, and processing plants; Building a good remuneration mechanism to attract high-quality human resources to work at the Company; Coordinating with centers, institutes, Universities, leading scientists in agriculture and fertilizers to manufacture high-value fertilizer products to meet the increasingly diverse requirements of markets and customers.

Stick to the business plan, product consumption to efficiently deploy production activities on the basis of ensuring the maximum supply of goods for the domestic market; maintain reasonable inventory at the Plant; Arrange and dispatch goods to other areas as well as develop a suitable maintenance schedule so as not to greatly affect the business activities of the Company.

Continue to implement thrifty activities, reducing production costs on the basis of promoting technical innovation initiatives of the management, operation team and highly skilled workers of Ca Mau Fertilizer Plant; Striving to reduce the actual consumption of key materials such as gas, electricity, chemicals equal to or lower than standard norms, and at the same time comply with regulations on quality and safety in all production and processing activities of Company’s products; Develop a periodic maintenance plan at a reasonable cost and reduce the overall maintenance time of the Plant in order to promptly meet the set business activities.

Enhance the inspection of product quality at all stages, for all key materials for the production of finished products, and at the same time strictly control finished products before supplying to the market to ensure all PVCFC’s products are manufactured with the highest quality, meeting and exceeding the requirements of customers.