ANNUAL REPORT: PVCFC
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THE PROCESS

OF FORMATION AND DEVELOPMENT

In 2008, the Ca Mau Fertilizer Plant project - one of the most important links of the Ca Mau Gas - Electricity - Fertilizer project cluster - was officially commenced at the ending point on the map of the country, shouldering a great mission for the development of the country’s agriculture.

From the early days of establishment until now, after more than a decade of difficulties to grow up “more sustainable - more prosperous” PVCFC has increasingly affirmed its position as a leading brand in the field of fertilizer manufacturing and trading nationwide, contributing to ensuring food security and raising the value of Vietnamese agricultural products. The journey of more than a decade of formation and development of PVCFC is a glorious journey with many proud historical milestones.

2023
Nhà máy Đạm Cà Mau đạt mốc sản lượng 10 triệu tấn Urê vào ngày 7/12/2023. Board of Directors of PVCFC was honored with the title “Board of Directors committed to good governance practice” PVCFC has successfully penetrated and developed NPK fertilizer market with consumption output estimated at thousand tons, 138.61 , equivalent to 166% as of 2022. Overcoming economic difficulties and changes in 2023, PVCFC has achieved impressive business results, exceeding its yearly plan with a totalturnover of 13.172 billion VND and aprofit before tax of 1,255 billion VND PVCFC launched the first artificial human project in agriculture named “Anh Hai Ca Mau”, affirming its innovation, creativity to achieve sustainable development goals in the new era.
2022
  • Honored to receive the 4th Vietnam Gold Star award
  • For the second consecutive year, it reached the Top 50 Best Listed Companies in Vietnam as announced by Forbes Vietnam
  • Won the National Brand award for the 5th consecutive time.
  • Ca Mau Fertilizer Plant reached 9,180,800 tons of Urea output
  • Revenue and profit recorded the highest level ever:
    • Total revenue reached 16,240.76 VND billion achieving 112% of the plan
    • Profit before tax reached 4,596.31 VND billion achieving 118% of the plan
2021
  • Celebrating 10 years of the company’s establishment 2011 - 2021.
  • Honored in the Top 50 Best Listed Companies in Vietnam in 2021 by Forbes Vietnam magazine.
  • Reached Top 500 largest enterprises in Vietnam (VNR500).
  • For the first time, producing and launching an organic fertilizer product named OM CAMAU.
  • Impressive business results with a record total revenue of VND 10,041.67 billion, fulfilling 110% of the plan. Profit before tax reached 1,956.27 VND billion, fulfilling 212% of the plan.
2020
  • Expanded the brand from “Ca Mau Nitrogen” to “Ca Mau Fertilizer”.
  • Won the Vietnam National Brand Award 2020.
  • The revenue was recognized at a record level of VND 7,700 billion. The export output made a record of over 300,000 tons, reaching 7 million tons of Urea.
2019
  • PVCFC was honored with the title of “Prestigious Exporter”.
  • Being honored in the Top 100 Sustainable Enterprises of Vietnam in 2019.
  • Making a production record, reaching the finish line 36 days earlier with a total output of 870 thousand tons, reaching 6 million tons of Urea.
  • The DMS system was officially launched to help digitize business transactions.
2018
  • The program “Experiencing high-tech products” was first introduced to cooperatives and farmers.
  • Urea output reached 5 million tons. Sales volume increased for the first time, self-trading exceeded 10% compared to the plan.
2017
  • PVCFC was honored in the Top 500 Largest Enterprises in Vietnam.
  • Officially distributing a set of 7 outstanding products that provide a complete set of nutrients for plants.
2016
  • PVCFC received the Second Class Labor Medal.
  • Launched two high-end functional product lines, respectively, N46.PLUS, N46.NANO C+.
  • Production output reached more than 4 million tons of Urea after 5 years of operation.
2015
  • PVCFC shifted to operate under the model of a Joint Stock Company, listed on the Ho Chi Minh Stock Exchange with stock code DCM.
  • High-end fertilizer product line N.HUMATE +TE was officially launched.
  • Production output reached 3 million tons of Urea after 4 years of operation.
2014
  • On November 12, 2014, PVCFC held a successful IPO with 128,951,300 shares of PVCFC being auctioned off, making PVCFC the largest IPO in 2014.
  • PVCFC is officially recognized as a National Brand.
2013
  • PVCFC was honored with 2 important awards: “Vietnamese Gold Star” and “Typical Agricultural Product”.
  • Production output reached 1 million tons of Urea after 15 months of operation.
2012
  • The company’s first commercial product bearing the brand name Ca Mau Fertilizer - For Golden Harvests was born on January 30, 2012.
  • The company achieved production output of 500,000 tons of Urea after 10 months of operation.
2011
  • PetroVietnam Ca Mau Fertilizer Company Limited (under the Vietnam National Oil and Gas Group) was established on March 9, 2011.
2008
  • Ca Mau Fertilizer Plant construction was officially started.
Achievements in 2023 Overview about PVCFC The process of formation and development Business fields Financial summary for the period 2019 - 2023 10 major events in 2023 Outstanding honors and awards PVCFC organization chart and corporate governance Company Leadership
Download Chapter 1 OVERVIEW
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