Vietnam National Chemical Group (Vinachem) has been recognized for the first time in the 2026 Fortune Southeast Asia 500 (Fortune SEA 500) ranking, securing the 148th position. This achievement marks a significant milestone in the Group's development and reaffirms its status as a leading industrial corporation in Vietnam's regional economic landscape.
According to Fortune, the ranking is based on total revenue across seven Southeast Asian countries: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia. Vinachem reported revenue of USD 2.332 billion and profit of USD 103.8 million in 2025, reflecting a solid financial foundation and effective restructuring efforts.
Mr. Nguyen Huu Tu, Chief Executive Officer of Vinachem, stated: "Vinachem's inclusion in the Fortune Southeast Asia 500 ranking as early as 2026 represents a significant milestone in the Group's development journey. It is a tangible outcome of our determined efforts to implement the directives set forth by the Politburo in Resolution No. 79-NQ/TW dated January 6, 2026, which aims to have 50 state-owned enterprises ranked among Southeast Asia's 500 largest companies by 2030."
The recognition underscores the contributions of nearly 20,000 employees and aligns with Vinachem's strategic focus on innovation, digital transformation, and sustainable development. Initiatives like the VinachemMart e-commerce platform and the Vinachem Agriculture platform exemplify the Group's commitment to digital commerce and sustainable agricultural value chains.
Looking ahead, Vinachem prioritizes investment in high-value, technology-intensive sectors such as pharmaceutical chemicals, advanced materials, chemicals for electronics and semiconductors, rare-earth extraction and processing, and circular economy initiatives. The Group is also developing R&D centers and integrated industrial parks designed around modern, circular, and sustainable principles.
Vinachem's inclusion in the Fortune SEA 500 not only highlights its scale and financial strength but also reflects progress in transformation, international integration, and efforts to elevate the standing of Vietnam's chemical industry within regional and global value chains.
