PVCFC will commence Ca Mau Fertilizer Plant in Binh Dinh with a scale of 3 hectares and investment capital of VND 120 billion, increasing output to serve the domestic market towards promoting exports to the world market. The plant in Binh Dinh will supply high-quality fertilizers, adding values for farmers while minimizing environmental impact to contribute to reducing greenhouse gas emissions, developing Net Zero agriculture.

With the construction of plant in Binh Dinh, PVCFC will have more advantages to promote strengths, expand market, increase production and business efficiency, and develop local cooperation faster and more sustainably

On April 1, 2024, PVCFC completed the acquisition of 100% stake of Korea – Vietnam Fertilizer Company Limited (KVF) and took ownership of the plant with a capacity of 360 thousand tons/year. After taking over and putting into operation, PVCFC officially distributed high-quality 1-color NPK products with 2 brands of Ca Mau NPK and Korea-Vietnam NPK. The KVF M&A has not only helped PVCFC reduce direct NPK competitors but also contributed to expanding the production scale, as a strategic step to increase the Company’s position, enhancing distribution capacity and approaching the Southeast and Central Highlands markets.

PVCFC officially established its representative office at 173-179 Truong Van Bang, Thanh My Loi, Thu Duc City, Ho Chi Minh City – one of the most dynamic financial and economic centers in the country. This is not only an important milestone in PVCFC’s strategy to expand its operation but also affirms the Company’s reputation in the market, increasing connections with strategic investors, partners and customers.

The representative office is well invested with modern design and state-of-the-art facilities meeting international standards of professional working environment for employees. Moreover, this is also an important transaction point, where the Company’s cooperation activities, shareholder meetings, conferences, and seminars are organized, promoting strategic relationships, realizing the goal of sustainable development and enhancing the brand value of Ca Mau Fertilizer in the domestic and international markets.

Accordingly, Samsung exports products manufactured by PVCFC such as NPK, granular Urea, etc. to the global market while PVCFC imports Urea, DAP, MOP, and Amsul from Samsung as raw materials for production and trade purposes. This agreement helps both sides take advantages of the other’s strengths to develop business in the future.

With this agreement, PVCFC not only has more opportunities to access the world market thanks to Samsung’s global network but also diversifies its product lines, especially high-tech fertilizers.

PVCFC is continuing to seek and promote investment cooperation with large corporations in the world to expand the market and receive high appreciation from partners. Opportunities are coming and become the motivation for PVCFC to reach further

In 2024, PVCFC was honored as a “National Brand” for the 6th consecutive year, once again affirming the prestige of Ca Mau Fertilizer in the market with the premium quality and standards

To achieve this title, the Company has satisfied a lot of criteria in quality, innovation and pioneering capacity in the market. The Company also focuses on approaching the standards import conditions, and consumption habits of international customers.

This title has given more strength and motivation for the management and the employees of the Company to continuously “create values” to develop Ca Mau Fertilizer brand, actively contributing to the green transformation of Vietnam’s economy.

At the ceremony of Best Listed Companies 2024, PVCFC was honored to be named for three proud awards i.e. Top 10 Best corporate governance enterprises, Enterprises with corporate governance beyond compliance, and Enterprises with most reliable Sustainability Report.

PVCFC was highly appreciated by Assessment Council for the reports presented with beautiful designs, meaningful messages and good promotional effects. The business figures and financial indicators were described clearly and scientifically. In particular, the Company has successfully applied corporate governance practices.

These achievements have further affirmed PVCFC’s position and motivated the management and the employees to make efforts on developing the Company to become one of the leading enterprises in fertilizer manufacturing and trading in Vietnam and Southeast Asia.

This cooperation is a strong commitment of PVCFC in building a sustainable agricultural development, bringing long-term values to farmers, contributing to community and society. This is also a firm step for the Company to participate in the global agricultural supply chain

The transaction volume of at least 100,000 tons/ year will help PVCFC ensure a raw material supply with high quality and competitive price, contributing to stabilizing production and cultivation for farmers.

It can be said that this is good news for Vietnam’s agriculture in the last months of 2024, especially when the entire agricultural sector is making every effort to recover after Typhoon Yagi.

On December 17, 2024, PVCFC officially launched AI pest diagnosis on 2Nong application and digital platforms such as the website, App Store, Google Store, etc. The 2Nong application is provided free to farmers, not only as a support tool but also as a reliable companion and assistant, helping farmers to steadily step on the journey of sustainable agricultural development.

Accordingly, the application can quickly identify diseases and nutritional needs for the plants through a single scan. Currently, the diagnostic function can detect 22 pests and diseases on 4 types of crops i.e. coffee, pepper, durian and rice and 8 signs of nutritional deficiencies on pepper and coffee. Western Highlands Agriculture and Forestry Science Institute (WASI) has evaluated the accuracy of the AI diagnostic application at over 96%.

PVCFC continues to affirm its position as the leading fertilizer manufacturer and trader in Vietnam when Ca Mau Fertilizer Plant has just reached an output of 11 million tons of urea in December 25, 2024.

With the modern production line meeting EU and G7 standards, PVCFC not only produces effectively but also ensures safety, friendliness and strict compliance with environmental standards. The plant has always produced stably from 100-115% of its design capacity over the past decade.

This impressive figure is resulted from the endless efforts for the mission, responsibility and aspiration of a more sustainable and prosperous agriculture in Vietnam.