BUSINESS MODEL AND ACTIVITIES
GOVERNANCE MODEL
Petrovietnam Ca Mau Fertilizer Joint Stock Company, formerly known as Petrovietnam Ca
Mau Fertilizer One-Member Limited Liability Company, is an affiliated unit of the Vietnam Oil and Gas Group
(Petrovietnam). It was established under Decision No. 474/QĐ-DKVN dated March 9, 2011, by the Members’ Council
of Petrovietnam. In January 2015, the company officially transitioned to the joint-stock company model and was
renamed Petrovietnam Ca Mau Fertilizer Joint Stock Company.
Throughout its operational history, the company’s organizational structure has evolved
over different periods. The Petrovietnam Ca Mau Fertilizer Joint Stock Company has implemented a project to
reform and restructure its organizational framework toward a streamlined, multifunctional, and efficient model
that aligns with current realities. This restructuring aims to enhance the effectiveness and efficiency of
business operations, adapt to the company’s circumstances, and optimize management levels.
SUPPLY CHAIN MODEL
The impacts of PVCFC’s production and business activities on environmental and social
issues extend beyond the operations within the plant. PVCFC recognizes the environmental and social impacts
generated from the production and supply of raw materials, chemicals, and services that support its business
activities. Therefore, in the process of selecting and evaluating suppliers, PVCFC does not merely choose
based on traditional criteria such as Financial Strength, Production Capacity, and After-Sales Service.
The Board of Directors is committed to ensuring that PVCFC’s supplier evaluation and
selection process always considers environmental and social factors to achieve long-term development, aligned
with PVCFC’s strategic growth orientation. These factors include the actual and potential impacts of suppliers
on the environment and society. The supplier selection process always strives to balance economic,
environmental, and social factors (ESG). The Board of Directors has decided to select suppliers that comply
with legal requirements regarding environmental and social sustainability (ESG).