At a glance
- Company
- Vietnam National Chemical Group (Vinachem)
- Announcement
- Award
- Location
- Hanoi, Vietnam
Key figures
- 2026 Fortune Southeast Asia 500 ranking
- 148
- 2025 revenue
- USD 2.332 billion
- 2025 profit
- USD 103.8 million
- State-owned enterprises targeted for inclusion by 2030
- 50
- Vinachem employees, engineers and workers referenced by the CEO
- nearly 20,000
People
- Nguyen Huu TuChief Executive Officer of Vietnam National Chemical Group (Vinachem)
Products and programs
HANOI, VIETNAM - 16 June 2026 - Vietnam National Chemical Group (Vinachem) has been recognized for the first time in the 2026 Fortune Southeast Asia 500 (Fortune SEA 500) ranking, marking a significant milestone in the Group's development journey and reaffirming its position as one of Vietnam's leading industrial corporations on the regional economic landscape.
According to Fortune, Vinachem ranked 148 among Southeast Asia's 500 largest companies in 2026. This marks the third year that Fortune has published the Southeast Asia 500 ranking, recognizing companies that demonstrate scale, operational excellence, and significant contributions to regional economic development. The list ranks companies based on total revenue across seven countries in the region, including Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
Based on Fortune's report, Vinachem recorded revenue of USD 2.332 billion and profit of USD 103.8 million in 2025. These results reflect the Group's solid financial foundation, resilience in responding to market fluctuations, and the effectiveness of its restructuring and productivity improvement efforts across the organization.
Mr. Nguyen Huu Tu, Chief Executive Officer of Vietnam National Chemical Group (Vinachem), said:"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.
This recognition not only acknowledges the efforts of nearly 20,000 employees, engineers, and workers across Vinachem in driving innovation, transformation, and sustainable development, but also reflects the growing competitiveness of Vietnamese industrial enterprises in the regional integration process.
The achievement provides further momentum for Vinachem to accelerate innovation, digital transformation, green transition, and the development of high-tech industries. At the same time, it reinforces our commitment to fulfilling our role as a core enterprise of Vietnam's chemical industry and contributing to the goal of building large-scale, efficient, and internationally competitive state-owned economic groups in line with the spirit of Politburo Resolution No. 79-NQ/TW."
The development of the VinachemMart e-commerce platform and the launch of the Vinachem Agriculture platform represent concrete steps in implementing this strategy. While VinachemMart contributes to advancing digital commerce and strengthening market connectivity, Vinachem Agriculture seeks to connect farmers with scientists, experts, businesses, and government agencies, thereby improving the efficiency of the agricultural value chain and promoting green and 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 serving the electronics and semiconductor industries, rare-earth extraction and processing, and circular economy initiatives. In parallel, Vinachem is investing in research and development (R&D) centers and integrated industrial parks designed around modern, circular, and sustainable principles, contributing to the enhanced competitiveness of Vietnam's chemical industry within regional and global value chains.
Vinachem's inclusion in the Fortune Southeast Asia 500 reflects not only the Group'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 recognition 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.
Hashtag: #Vinachem
According to Fortune, Vinachem ranked 148 among Southeast Asia's 500 largest companies in 2026. This marks the third year that Fortune has published the Southeast Asia 500 ranking, recognizing companies that demonstrate scale, operational excellence, and significant contributions to regional economic development. The list ranks companies based on total revenue across seven countries in the region, including Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
Based on Fortune's report, Vinachem recorded revenue of USD 2.332 billion and profit of USD 103.8 million in 2025. These results reflect the Group's solid financial foundation, resilience in responding to market fluctuations, and the effectiveness of its restructuring and productivity improvement efforts across the organization.
Mr. Nguyen Huu Tu, Chief Executive Officer of Vietnam National Chemical Group (Vinachem), said:"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.
This recognition not only acknowledges the efforts of nearly 20,000 employees, engineers, and workers across Vinachem in driving innovation, transformation, and sustainable development, but also reflects the growing competitiveness of Vietnamese industrial enterprises in the regional integration process.
The achievement provides further momentum for Vinachem to accelerate innovation, digital transformation, green transition, and the development of high-tech industries. At the same time, it reinforces our commitment to fulfilling our role as a core enterprise of Vietnam's chemical industry and contributing to the goal of building large-scale, efficient, and internationally competitive state-owned economic groups in line with the spirit of Politburo Resolution No. 79-NQ/TW."
The development of the VinachemMart e-commerce platform and the launch of the Vinachem Agriculture platform represent concrete steps in implementing this strategy. While VinachemMart contributes to advancing digital commerce and strengthening market connectivity, Vinachem Agriculture seeks to connect farmers with scientists, experts, businesses, and government agencies, thereby improving the efficiency of the agricultural value chain and promoting green and 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 serving the electronics and semiconductor industries, rare-earth extraction and processing, and circular economy initiatives. In parallel, Vinachem is investing in research and development (R&D) centers and integrated industrial parks designed around modern, circular, and sustainable principles, contributing to the enhanced competitiveness of Vietnam's chemical industry within regional and global value chains.
Vinachem's inclusion in the Fortune Southeast Asia 500 reflects not only the Group'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 recognition 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.
Hashtag: #Vinachem
The issuer is solely responsible for the content of this announcement.
In brief
Vietnam National Chemical Group (Vinachem) says it has entered the 2026 Fortune Southeast Asia 500 for the first time, ranking 148th. The ranking covers companies across seven Southeast Asian countries and is based on total revenue. Fortune’s report cited Vinachem’s 2025 revenue of USD 2.332 billion and profit of USD 103.8 million. CEO Nguyen Huu Tu said the recognition reflects the group’s work on innovation, transformation and productivity, and referred to a national target for 50 state-owned enterprises to rank among the region’s 500 largest by 2030. Vinachem highlighted its VinachemMart e-commerce platform and Vinachem Agriculture platform, alongside plans to focus investment on technology-intensive sectors, research and development, and sustainable industrial development.
Key takeaways
- Vinachem says it ranked 148th in the 2026 Fortune Southeast Asia 500, its first appearance in the ranking.
- Fortune’s report cited 2025 revenue of USD 2.332 billion and profit of USD 103.8 million.
- CEO Nguyen Huu Tu connected the recognition with efforts in innovation, transformation and productivity.
- The group identified technology-intensive industries, R&D and sustainable development as investment priorities.
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