Vietnam National Oil & Gas Group

PetroVietnam Camau Fertilizer JSC

CÔNG TY CỔ PHẦN PHÂN BÓN DẦU KHÍ CÀ MAU

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Mission - Vision - Core values
Core values
Core values
  • Commit to make all efforts to conquer and develop in order to always preserve the entire value chain of being "Pioneering - Considerate - Responsible - Compatible". 
  • Ensure to keep credibility and trust to deserve the companionship of shareholders and the support of customers.
  • Be together with the community on all development paths through social security work, side by side companion with farmers. 
  • Provide an exciting, attractive, professionalism and potential working environment by selective and optimized production, business and investment strategies.
Vision
Vision
  • Become the leading enterprise in the region in the field of fertilizer production and trading. .
Mission
Mission
  • Contribute to secure fertilizer supply and food security with pioneering nutrient solutions for crops

Formation and development

In early 2008, the Vietnam Oil and Gas Group (Petrovietnam) held a wide international bidding and extended the copyright for the Ca Mau Fertilizer Plant Project.
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Formation and development
In early 2008, the Vietnam Oil and Gas Group (Petrovietnam) held a wide international bidding and extended the copyright for the Ca Mau Fertilizer Plant Project. Overcoming many difficulties, on October 26, 2012, Ca Mau Fertilizer Plant - the most modern granular urea fertilizer plant in Vietnam today and the Group’s third project in the Gas-Power-Fertilizer value chain in Ca Mau was officially inaugurated. In addition to meeting the schedule and quality requirements, the project has saved over $150 million compared to the total approved investments. The construction of Ca Mau Fertilizer Plant not only meets most of the nitrogen fertilizer needs of farmers in the Mekong Delta and the whole country, contributes to stabilizing fertilizer supplies across the country, but also implements the Government's direction on developing a closed plant towards the green industry of Vietnam. 
From the first development steps to today's solid position, the collective of Petrovietnam Ca Mau Fertilizer Joint Stock Company always keep in mind the contributions and outstanding achievements of the leadership generations over the periods, those who have devoted youthful enthusiasm, passed on to the next generations the pioneering spirit of innovation, made creative efforts and coped with challenges to lead the company to overcome difficulties for sustainable development. On the journey of further development, the resilient will and stuff from the leadership generations will continue to be the inspiration to guide Ca Mau Fertilizer to conquer big goals and firmly fulfill the mission of serving Vietnamese agriculture.
2008
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2008
2008
  • Ca Mau Fertilizer Plant was officially gone construction.
2011
2011
  • On March 9, 2011, Ca Mau Gas and Fertilizer Limited Company was founded (part of PVN).
2012
2012
  • Trademark products of Ca Mau Fertilizer Plant were launched. The General Contractor entrusted the right to coordinate the commissioning and capacity testing to the Investor and completed the performance test for the entire Plant on April 14, 2012.
  • The State Acceptance Council approved to put the plant into commercial operation on April 23, 2012 after obtaining sufficient approval documents on fire prevention and fighting, environment, license to exploit surface water and discharge waste. On April 24, 2012, the plant was completed and handed over to the Vietnam Oil and Gas Group/Ca Mau Gas and Fertilizer Limited Company (PVCFC) for commercial operation.
  • Trademark products “Dam Ca Mau - Hat ngoc mua vang” were launched.
  • 500,000 tons were yielded after 10 months.
2013
2013
  • 1 million tons were yielded after 15 months. 
  • Awarded with the titles of Vietnam’s Golden Star and Outstanding Agricultural Products
2014
2014
  • On November 12, 2014, IPO held by PVCFC was a hit with 128,951,200 shares sold out, making it the biggest IPO transaction in 2014.
  • PVCFC was officially recognized as the Nation’s Brand.
2015
2015
  • 3 million tons were yielded after 4 years.
  • PVCFC became a stock company with its name DCM first appearing on Ho Chi Minh City stock market.
  • High quality products, N.HUMATE + TE, were launched.
2016
2016
  • Over 4 million tons were yielded after 5 years.
  • PVCFC received the Second-Class Labor Medal.
  • 2 more qualitative products debuted on the market, consecutively N46 PLUS and NANO C+.
2017
2017
  • A collection of 7 products offering optimal growing environment for plants were officially distributed.
  • Became one in the 500 soaring businesses of Vietnam (VNR500).
2018
2018
  • Reached 5 million tons.
  • For the first time ever, cooperatives and growers had been introduced with the program, “Experiencing high-tech collection of products”.
  • During the very first year, the consumption rate was spiraling, surpassing the initial plan by 10%.
2019
2019
  • A record-breaking production rate was noted, reaching the finishing line 36 days earlier than the expected date: 870 thousand tons.
  • Reached 6 million tons of Urea.
  • DMS helped computerize all transactions.
  • Became one of the "Prestigious Exporting Enterprises".
  • Became one of the 100 most stable businesses in Vietnam.
2020
2020
  • Reached a record revenue of VND 7,700 billion. 
  • Reached a record export output of over 300 thousand tons.
  • Reached 7 million tons of Urea.
  • Expanded the brand from “Dam Ca Mau” to “Ca Mau Fertilizer”.
  • Recognized as the Nation’s Brand.
2021
2021
  • On 25 April, Ca Mau fertilizer product set received the National Gold Quality awarded by the Prime Minister.
  • On April 16, the first batch of 20,000-ton NPK Ca Mau was officially launched: give the farmers more options, increase their benefits;
  • Thanks to the outstanding brand position as well as capacity, Ca Mau fertilizer had been announced by Forbes Vietnam in the list of “50 best listed companies”.
  • On 27 August, Petrovietnam Ca Mau Fertilizer officially entered into MOU with Plant Protection Department (PPD) paving a strategic goal in the development, balanced - effective use of organic fertilizer for a sustainable green agriculture.
  • On 06 October, Ca Mau Fertilizer officially reached 8 million tons of urea, marking a milestone on the journey of sustainable agricultural development after 10 years of establishment and development
2022
2022
  • April 1st: PetroVietnam Ca Mau Fertilizer Joint Stock Company (PVCFC) received the 4th Vietnam Gold Star award.
  • August 5th: Ranked in the Top 50 Best Listed Companies for the second time, recognized for outstanding business results in the first two quarters.
  • November 2nd: Honored as a National Brand for the fifth consecutive year.
  • November 22nd: Achieved a production milestone of 9 million tons of Urea.
  •  December 3rd: Certified as meeting Vietnamese business culture standards.
2023
2023
  • October 31st: Received the certificate of achievement for stable and continuous operation for more than 350 days for the second time.
  • Finalized a capital transfer agreement with Korea-Vietnam Fertilizer Co., Ltd. (KVF).
  • Launched “Anh Hai Ca Mau,” the first digital human project in Vietnam’s agricultural sector.
  • Successfully expanded into the NPK market, with consumption reaching 138.61 thousand tons, a 122% increase compared to 2022.
  • December 7th: Ca Mau Fertilizer Plant achieved a production milestone of 10 million tons of Urea.
  • Board of Directors of PVCFC was honored with the title of “Board of Directors committed to good corporate governance practices”.
  •  Received the accolade of “Best workplaces for employees in 2023"

PAST AND PRESENT PVCFC GAS - POWER - FERTILIZER PROJECT MANAGEMENT BOARD

NGUYEN QUANG THUONG
Mr
NGUYEN QUANG THUONG

Deputy General Director of PetroVietnam and Chief of PVCFC Gas - Power - Fertilizer Project Management Board from 10/2001 - 11/2002

PHAM VAN DINH
Mr
PHAM VAN DINH

Deputy General Director of PetroVietnam and Chief of PVCFC Gas - Power - Fertilizer Project Management Board from 12/2002 - 02/2009

TRINH THANH BINH
Mr
TRINH THANH BINH

Chief of PVCFC Gas - Power - Fertilizer Project Management Board from 03/2009 - 11/2009

LE MANH HUNG
Mr
LE MANH HUNG

Chief of PVCFC Gas - Power - Fertilizer Project Management Board from 12/2009 - 04/2012

Director of PetroVietnam CaMau Fertilizer Co., Ltd. from 03/2011 - 11/2013

NGUYEN DUC THANH
Mr
NGUYEN DUC THANH
Deputy Chief of PVCFC Gas - Power - Fertilizer Project Management Board from 11/2001 – 2007
 
BUI MINH TIEN
Mr
BUI MINH TIEN

General Director of Binh Son Refining and Petrochemical JSC

Director of PetroVietnam CaMau Fertilizer Co., Ltd. from 12/2013 - 01/2015

General Director of PVCFC from 01/2015 - 06/2018

VAN TIEN THANH
Mr
VAN TIEN THANH

Deputy Chief of PVCFC Gas - Power - Fertilizer Project Management Board from 2008 – 2011

General Director of PVCFC from 06/2018 - present

TRAN NGOC NGUYEN
Mr
TRAN NGOC NGUYEN

Chairman of PVCFC Department of Board of Directors from 01/2019 - present

BUSINESS LINES

Founded on March 09th, 2011, PetroVietnam Ca Mau Fertilizer Joint Stock Company (PVCFC) is a dynamic enterprise with the following primary lines of business: Production, trade, and import-export of fertilizers, petroleum chemicals. Our core focus lies in serving the agricultural sector, with a dedicated mission to provide millions of farmers with high-nutrient-content fertilizers, tailored for a variety of crops and soil types. By harnessing technological advancements in the petrochemical industry, PVCFC has not only improved its business efficiency but has also played a transformative role in reshaping Vietnam’s agricultural economy towards sustainable green development.


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PVCFC currently has 3 plants: the Ca Mau Fertilizer Plant, the Ca Mau NPK Plant, and the Korea – Vietnam NPK Plant, with a total production capacity of nearly 1.5 million tons of fertilizer each year. The Ca Mau Fertilizer Plant consistently ensures safe and stable operations, substantial capacity, and significant contribution to both product quality and company revenue. On December 07th, 2023, the Ca Mau Fertilizer Plant achieved the production output of 10 millionth ton of Urea. Operating at an optimal capacity of 110 - 115% relative to its designed capacity, this milestone marks yet another leap in PVCFC’s enduring commitment to scaling new heights in sustainable agriculture.

Building on the success of the Ca Mau Fertilizer Plant, the establishment of the Ca Mau NPK Plant and M&A of the Korea – Vietnam NPK Plant represent significant strides in PVCFC’s strategy to complete plant nutrition solutions. This expansion is part of an ongoing effort to diversify the supply of high-quality fertilizers, support farmers in sustainable agriculture practices, and elevate the “green values” of Vietnam’s agriculture. The Ca Mau NPK Plant, with an annual capacity of 300,000 tons, utilizes liquefied Urea technology and production lines featuring the latest technologies from the Spanish contractor ESPINDESA, along with main equipment sourced from EU/G7 countries. The Korea – Vietnam NPK plant boasts an annual capacity of 360,000 tons.

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Spanning over a decade of development and surpassing challenges, PVCFC has continued to pursue its mission to perfect a comprehensive suite of plant nutrition solutions. Today, it stands as a leading brand in the domestic fertilizer production and trading industry. By delivering a wide array of superior, high-quality products to farmers, PVCFC serves the pillars of national agriculture, playing a pivotal role in securing food safety and elevating the value of Vietnamese agricultural products.

The Ca Mau Fertilizer suite has a variety of biomineral & micro-organic products (N.Humate + TE, Urea Bio), single fertilizers (Ca Mau Nitrogen, N46.Plus, SA Ca Mau, Potassium Ca Mau), complex fertilizers (NPK, DAP), and high-quality organic fertilizers (OM Ca Mau), all having high nutrient content, modern technological applications, and crafted with an emphasis on benefit and versatility, ensuring suitability for a wide range of plants and soil types

Organisation Chart

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Company organizational chart
Tran Ngoc Nguyen
Tran Ngoc Nguyen

Non-executive Director

Chairman

Van Tien Thanh
Van Tien Thanh
Member of BOD/General Director
Nguyen Duc Hanh
Nguyen Duc Hanh
Non-executive Director
Nguyen Duc Thuan
Nguyen Duc Thuan
Non-executive Director
Le Duc Quang
Le Duc Quang
Non-executive Director
Truong Hong
Truong Hong

Independent Director

Do Thi Hoa
Do Thi Hoa
Independent Director
Tran Ngoc Nguyen
Tran Ngoc Nguyen

Non-executive Director

Chairman

Van Tien Thanh
Van Tien Thanh
Member of BOD/General Director
Nguyen Duc Hanh
Nguyen Duc Hanh
Non-executive Director
Nguyen Duc Thuan
Nguyen Duc Thuan
Non-executive Director
Le Duc Quang
Le Duc Quang
Non-executive Director
Truong Hong
Truong Hong

Independent Director

Do Thi Hoa
Do Thi Hoa
Independent Director
Van Tien Thanh
Van Tien Thanh

General Director

Nguyen Thi Hien
Nguyen Thi Hien

Deputy General Director

Tran Chi Nguyen
Tran Chi Nguyen

Deputy General Director

Le Ngoc Minh Tri
Le Ngoc Minh Tri

Deputy General Director

Nguyen Tuan Anh
Nguyen Tuan Anh
Deputy General Director
Nguyen Thanh Tung
Nguyen Thanh Tung
Deputy General Director
Dinh Nhu Cuong
Dinh Nhu Cuong
Chief Accountant
Van Tien Thanh
Van Tien Thanh

General Director

Nguyen Thi Hien
Nguyen Thi Hien

Deputy General Director

Tran Chi Nguyen
Tran Chi Nguyen

Deputy General Director

Le Ngoc Minh Tri
Le Ngoc Minh Tri

Deputy General Director

Nguyen Tuan Anh
Nguyen Tuan Anh
Deputy General Director
Nguyen Thanh Tung
Nguyen Thanh Tung
Deputy General Director
Dinh Nhu Cuong
Dinh Nhu Cuong
Chief Accountant
Phan Thi Cam Huong
Phan Thi Cam Huong
Head of Controller Board
 
Do Minh Duong
Do Minh Duong
Corporate Controller
 
Le Canh Khanh
Le Canh Khanh
Corporate Controller
Phan Thi Cam Huong
Phan Thi Cam Huong
Head of Controller Board
 
Do Minh Duong
Do Minh Duong
Corporate Controller
 
Le Canh Khanh
Le Canh Khanh
Corporate Controller
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Awards

Top 10 best workplaces for employees
Top 10 best workplaces for employees
Vietnamese High Quality Product
Vietnamese High Quality Product
Top 10 Large-cap Listed Companies 2023
Top 10 Large-cap Listed Companies 2023
The 2023 energy efficiency award in industry-construction
The 2023 energy efficiency award in industry-construction
Top 50 Listed Companies
Top 50 Listed Companies
Top 500 Largest Enterprises In Viet Nam
Top 500 Largest Enterprises In Viet Nam
Enterprise That Meets Vietnamese Business Culture Standards Awards
Enterprise That Meets Vietnamese Business Culture Standards Awards
Top 500 Largest Enterprises In Viet Nam 2022
Top 500 Largest Enterprises In Viet Nam 2022
Top 50 Listed Companies
Top 50 Listed Companies
Vietnam Value
Vietnam Value
Top 500 Largest Enterprises In Viet Nam 2021
Top 500 Largest Enterprises In Viet Nam 2021
Gold Star Award
Gold Star Award
National Quality Award
National Quality Award
Sustainable Energy Award
Sustainable Energy Award
National Brand
National Brand
High Quality Vietnamese Goods 2019
High Quality Vietnamese Goods 2019
The unit that won the third prize in fire prevention and fighting practice
The unit that won the third prize in fire prevention and fighting practice
Top 10 Best Annual Report - Large Cap Group
Top 10 Best Annual Report - Large Cap Group
National Brand
National Brand
Top 500 largest enterprises in Vietnam 2017
Top 500 largest enterprises in Vietnam 2017
Top 30 best annual report
Top 30 best annual report
High Quality Vietnamese Goods 2017
High Quality Vietnamese Goods 2017
Top 10 products "Proud of Vietnamese Labor Intelligence" for the 11th time - 2017
Top 10 products "Proud of Vietnamese Labor Intelligence" for the 11th time - 2017
Top 500 largest enterprises in Vietnam 2016
Top 500 largest enterprises in Vietnam 2016
National Brand
National Brand
Vietnamese Gold Star
Vietnamese Gold Star
High Quality Vietnamese Goods 2016
High Quality Vietnamese Goods 2016
National Quality Gold Award
National Quality Gold Award
National Brand
National Brand
Vietnamese Gold Star
Vietnamese Gold Star
Typical enterprise for national green environment
Typical enterprise for national green environment
Certificate of "For the National Green Environment" 2nd time in 2014
Certificate of "For the National Green Environment" 2nd time in 2014

Distribution

Distribution