Vietnam National Chemical Group (Vinachem) has been recognized for the first time in the 2026 Fortune Southeast Asia 500 (Fortune SEA 500) ranking, placing 148th among the region's largest companies. The ranking, published by Fortune for the third year, lists companies based on total revenue across seven Southeast Asian countries: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia. Vinachem's inclusion marks a significant milestone in its development journey and affirms its position as a leading industrial corporation in the regional economic landscape.
According to Fortune's report, Vinachem recorded revenue of USD 2.332 billion and a profit of USD 103.8 million in 2025. These results underscore the Group's solid financial foundation and resilience in responding to market fluctuations, as well as the effectiveness of its restructuring and productivity improvement efforts across the organization. The recognition comes as part of a broader push by Vietnam to elevate its state-owned enterprises, aligned with Politburo 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.
CEO Nguyen Huu Tu stated that the inclusion is a tangible outcome of the Group's determined efforts to implement the Politburo's directives. He highlighted that the recognition acknowledges the work of nearly 20,000 employees, engineers, and workers in driving innovation, transformation, and sustainable development. It also reflects the growing competitiveness of Vietnamese industrial enterprises in the regional integration process. The achievement provides momentum for Vinachem to accelerate innovation, digital transformation, green transition, and the development of high-tech industries, reinforcing its role as a core enterprise of Vietnam's chemical industry.
Vinachem has already launched concrete initiatives under this strategy, including the VinachemMart e-commerce platform and the Vinachem Agriculture platform. VinachemMart advances digital commerce and strengthens market connectivity, while Vinachem Agriculture aims to connect farmers with scientists, experts, businesses, and government agencies to improve the efficiency of the agricultural value chain and promote green, sustainable agricultural development.
Looking ahead, Vinachem has identified innovation, digital transformation, green transition, and sustainable development as its key growth drivers. The Group is prioritizing investment in high-value, technology-intensive sectors, including pharmaceutical chemicals, advanced materials, chemicals for the electronics and semiconductor industries, rare-earth extraction and processing, and circular economy initiatives. It is also investing in research and development (R&D) centers and integrated industrial parks designed around modern, circular, and sustainable principles, aiming to enhance the competitiveness of Vietnam's chemical industry within regional and global value chains.
The recognition in the Fortune SEA 500 reflects not only Vinachem's scale and financial strength but also the progress achieved through its transformation, international integration, and efforts to elevate the standing of Vietnam's chemical industry. This provides a solid foundation for the Group to continue fulfilling its role as a leading enterprise, contributing to national industrial development and strengthening the presence of Vietnamese enterprises on the regional economic stage.
