Vinachem Secures First-Ever Spot in Fortune Southeast Asia 500 Ranking
June 16th, 2026 1:20 PM
By: Newsworthy Staff
Vinachem's inclusion in the 2026 Fortune SEA 500 underscores its financial strength and strategic reforms, marking a key step toward Vietnam's goal of having 50 state-owned enterprises among the region's largest by 2030.
Vietnam National Chemical Group (Vinachem) has been recognized for the first time in the 2026 Fortune Southeast Asia 500 (Fortune SEA 500) ranking, securing the 148th position among the region's largest companies. The milestone reflects the Group's robust financial performance and successful restructuring efforts, as well as its growing role in Vietnam's industrial landscape.
According to Fortune, Vinachem reported revenue of USD 2.332 billion and profit of USD 103.8 million in 2025, demonstrating a solid financial foundation and resilience amid market fluctuations. The Fortune SEA 500 ranks companies across seven Southeast Asian countries—Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia—based on total revenue.
Mr. Nguyen Huu Tu, Chief Executive Officer of Vinachem, stated: "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."
The recognition highlights the contributions of nearly 20,000 employees across Vinachem in driving innovation, transformation, and sustainable development. It also reflects the growing competitiveness of Vietnamese industrial enterprises in the regional integration process.
Vinachem is accelerating innovation, digital transformation, and green transition initiatives. The development of the VinachemMart e-commerce platform and the launch of the Vinachem Agriculture platform are concrete steps in this strategy. While VinachemMart advances digital commerce and strengthens market connectivity, Vinachem Agriculture connects farmers with scientists, experts, businesses, and government agencies to improve agricultural value chain efficiency and promote green, sustainable practices.
Looking ahead, Vinachem has identified innovation, digital transformation, green transition, and sustainable development as key growth drivers. The Group is prioritizing investment in high-value, technology-intensive sectors, including pharmaceutical chemicals, advanced materials, chemicals for electronics and semiconductors, 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.
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.
Source Statement
This news article relied primarily on a press release disributed by Media Outreach. You can read the source press release here,
