Have been completed as per the plan and other tasks assigned by the Corporation’s management team. All entities, plants, ports and warehouses have strictly complied with the Corporation’s requirements and the legal regulations.

• The Corporation has not made any violations against the law on fire and labor safety.
• Phu My Fertilizer Plant has operated in a stable and safe way. Equipment incidents have been quickly discovered and resolved.
• Applied equipment safety inspection programs such as RBI, SYSTEM 1, etc. at Phu My Fertilizer Plant. Prepared Process Safety Management (PSM) for Phu My Fertilizer Plant.
• Repaired fire protection system according to the approval of the Fire Police at head offices at 43 Mac Dinh Chi and 27 Dinh Bo Linh.
• Released the Executive Decision to consolidate the Steering Committee for Emergency Response for the Corporation and enhance Steering Committee for Emergency Response for some units.
• Established new fire protection team at Chemical Mixing Factory - Chemical Business Branch.
• All units completed 100% of the plan for fire fighting rehearsals in 2023. Particularly, Phu My Fertilizer Plant has coordinated with Fire Fighting Police of Phu My Town and the fire fighting teams from Southeast Gas Transport Company, Phu My Thermal Power Plant and Phu My 3 BOT Power Company at Amo Export Station – Product Factory to jointly organize a fire fighting and prevention rehearsal.
• The Corporation has carried out 25 inspections on EHS – Level 4 (the Corporation level), reaching 100% of the plan. In addition, safety, security and fire prevention and fire fighting inspections at all levels have been organized at Phu My Fertilizer Plant as well as other units, warehouses and ports. At the same time, occupational safety and hygiene inspections have been conducted before the upcoming holiday period.
• The inspection of all equipment and machinery with strict safety requirements based on safety has been conducted according to all legal regulations. In 2023, the Corporation inspected 1,814 pieces of equipment, reaching 100% of the plan. In addition, Phu My Fertilizer Plant conducted periodical inspection, maintenance, calibration and verification of safety and fire protection equipment, including 1,793 pieces of fire protection equipment, 154 pieces of respiratory protective equipment, 18 portable gas detectors, 2 fire trucks, and 2 ambulances.
• Developed and implemented OSH Plan for 2023 and OSH Action Month in 2023.
• Deployed 5S at the Corporation’s office and maintained 5S and STOP programs at Phu My Fertilizer Plant.
• Issued Directive to strengthen response in the rainy season.
• Made Report on fire prevention and fighting activities, report on accidents in the workplace at the grassroots level in 2023 and Report on occupational safety and hygiene in 2023 to the local authorities.
• Spread safety information to employees was well maintained in the daily bulletin boards of the Corporation.
• PVFCCo estimated that the cost of fire prevention and suppression, as well as emergency response activities (including insurance against fire and explosion risks, rehearsals, trainings, propagandizing, purchasing and maintaining FPF equipment...) would be approximately VND 25 billion in 2023.

• In 2023, there was no violating the law and environmental pollution incident.
• Completed the application for an Environmental Permit for the Corporation’s Head office.
• Units have consistently conducted scheduled environmental monitoring as stipulated in the Environmental Impact Assessment Report, managed waste, and complied with legal requirements for environmental reporting in 2023.
• Implemented climate change mitigation and greenhouse gas emission reduction tasks: Collaborating and providing greenhouse gas inventory and climate change adaptation information to Vietnam Institute of Industrial and Trade Policy and Strategy, Department of Climate Change, Ministry of Industry and Trade and PVN.
• Gave guidance to the units on assessing and calculating positive environmental impact from planting trees within the program by the Corporation planting 300,000 trees.
• Executed environmental access and reporting for 2023 based on the industry’s environmental database.
• Assessed effects and promulgated new legal documents on environment: Executive Decision No.146/QĐTTg dated 23 February 2023 releasing National plan on waste incident response during the years 2023 – 2030, Resolution No.02/2023/ NĐ-CP and Circular No.01/2023/TT-BTNMT.
• Organizing activities to commemorate World Water Day, World Meteorological Day, Earth Hour campaign in 2023, and World Environment Day 2023.
• Most items of online monitoring equipment at Phu My Fertilizer Plant have been completed. Particularly for the granulating tower, continuing to follow up the feedback of MONRE on the proposal not to install online emission monitoring because no solution is found and increase monitoring frequency to once a month from 2020.
• In addition, the Corporation also implemented ener gy efficiency as follows:
  • Completing energy audit at the Plant in 2022, with approval from the Department of Industry and Trade of Ba Ria - Vung Tau Province.
  • Receiving the award “Enterprise for Sustainable energy development in Vietnam” on 15 January 2023 organized by Vietnam Energy Association.
  • Issuing the Corporation’s energy management goal and plan for 2023.
  • Updating Regulations on energy efficiency according to the new Regulation No.25/TT - BCT dated 29 September 2020 of the Ministry of Industry and Trade.
  • Supporting Vietnam Petroleum Institute (VPI) and PVN in surveys at the Plant to collect emission data and reduce greenhouse gas emissions in production activities.
  • Updating and releasing the Corporation’s energy management procedures.

• Continue to implement projects/programs to reduce greenhouse gas emissions in accordance with the list in Appendix 1 of Vietnam Oil Corporation’s action plan to mitigate and adapt to climate change from 2018 to 2030.
• Completed the energy audit at Fertilizer Plant in 2022. The Department of Industry and Trade of Ba Ria - Vung Tau Province has approved the energy audit application.

• In 2023, the Corporation has organized many training courses on HSE and professional skills for employees to improve their job performance and management capacity.
  • Training on OSH, Fire Control and Chemical Safety: Group safety training in accordance with the law, radiation safety in industry, coaching fire control and rescue, giving technical guidance on Basel Convention and other guidance on monitoring the management of mercury containing wastes, etc.
  • Participating in environmental and climate change workshops, including those focused on “Establishing and Implementing MRV Systems for Assessing Greenhouse Gas Emissions by the Vietnam Oil and Gas Group (2018-2030)” and “Green Finance and Carbon Credit Markets”.
• Promoting during the week of occupational safety and health, World Environment Day, Earth Hour, National Fire Prevention and Fighting Day, etc.
• In 2023, the Corporation’s office implemented the 5S Program for a tidy workspace, while the STOP and 5S programs were maintained and assessed regularly at the Phu My Fertilizer Plant.
• Continuing to evaluate and reward employees according to the regulation by the quarter HSE rewards to encourage employees to actively participate in HSE at workplace.

PVFCCo has invested in a manufacturing plant system and an office building, which are well-designed, properly ventilated, well-lit and air-conditioned. The Corporation has achieved energy efficiency and provided good working conditions for its workers.

PVFCCo introduced key performance indicators (KPI) and improved their reward system. The Corporation also set up a framework to ensure a fair and professional working environment. At the same time, PVFCCo improved its human resource policies to ensure its employees have the amicable working conditions and career advancement opportunities.

Building Corporate Culture: Accelerating Steering and Implementation Committee activities for PVFCCo culture; releasing an action plan for the last 6 months of 2023 on the basis of the Resolution of the Corporation’s Communist Party on PVFCCo’s cultural reproduction. Hiring consultants/experts for implementing PVFCCo’s cultural reproduction; organizing 2023 PVFCCo culture seminars/workshops;

Assuring stable employment and income for the labor force. Fully implementing employee policies in accordance with national, Corporation, and labor agreements. Salary payments are made in accordance with the Corporation’s regulations.

Annually, PVFCCo conducts health check-ups for employees in hazardous work environments to detect occupational diseases early. Additionally, medical examinations and social insurance are provided for affected employees.

To ensure financial security during illness, PVI Care insurance policies are available for employees and their families.

The Corporation continues monthly contributions to social insurance based on actual positions and salaries of employees, while also maintaining voluntary retirement and accumulated pension insurance, along with PVI Care health insurance. Assistance is provided for employees to purchase PVI Care health insurance for their family members. Sustaining employee contributions to social and voluntary retirement insurance is a key commitment, ensuring their entitlements are honored during claims processing and supplementing retirement benefits beyond statutory provisions upon retirement.

In essence, our policies demonstrate the utmost care for our employees’ welfare within legal parameters and our organizational capacity. They aim to inspire creativity in their work, fostering the Corporation ongoing development and fostering enduring loyalty.

In its production and business endeavors, PVFCCo consistently emphasizes upholding credibility, quality, and continually enhancing the value of its products and services for customers and partners.

• Ensuring high quality products is a top priority. All Phu My fertilizer products, other fertilizers and chemicals are complied with registered standards.
• To help farmers optimize the ratio of fertilizer usage and crop yield, PVFCCo partners with local authorities and scientists to organize cultivation technique workshops at experimental gardens and sample fields to train farmers.
• PVFCCo maintains its warehouse and logistics management systems well nationwide, so that their products are delivered to farmers on time at reasonable prices.
• PVFCCo maintains a product quality management system in accordance with the international standard ISO 9001:2015 to ensure that the product’s quality remains consistent with its claims.
• The Corporation has established a protocol for receiving and addressing feedback from product users. Additionally, it conducts regular evaluations of customer satisfaction regarding product quality and services to continually enhance quality standards. Safety advisories for product users are also implemented.

Social welfare work stands as a cultural hallmark of PVFCCo. Despite enduring economic challenges due to prolonged global political and economic fluctuations, PVFCCo remains steadfast in its commitment to community responsibility, actively engaging in meaningful and practical social welfare work initiatives.

In 2023, PVFCCo allocated over VND 60 billion for various social welfare work initiatives. Notably, during the Lunar New Year, the “Tet for the Poor” program reached nearly 100 communes/wards across 40 provinces and cities, distributing over 13,000 gifts totaling VND 10 billion. This annual Tet gift-giving exemplifies PVFCCo’s ongoing commitment to social welfare efforts.

Local communities value PVFCCo’s proactive and socially significant social welfare work initiatives, especially for fostering community cohesion. This aligns with Resolution 43 of the Party Central Committee, emphasizing national unity and the nation’s prosperity, as highlighted by President Vo Van Thuong at the recent nationwide conference on implementing the resolutions of the 8^th Central Committee Plenum of the 13th Party Central Committee.