Oil and gas enterprises enhance international competitiveness

According to Van Tien Thanh, General Director of Ca Mau Petroleum Fertiliser Joint Stock Company (PVCFC), the company has recently exported its first shipment of 40,000 tonnes of fertiliser to the US market — one of the most technically demanding markets in the world with stringent quality standards. This successful export of the shipment not only marks a new milestone in the company’s market expansion strategy but also affirms its competitiveness and product quality meeting international standards.

According to him, in the first three months of the year, the company maintained strong growth momentum, with total export output reaching 150,000 tonnes, up 25% compared to the same period in 2025. Exports to demanding markets such as Australia exceeded 32,000 tonnes. In the coming period, the company plans to further expand into new markets, particularly those with high-quality requirements and greater added value.

“We will continue to closely monitor market developments, diversify information sources and improve forecasting capacity to make proactive business decisions. At the same time, trading terms will be applied flexibly to optimise logistics costs and enhance competitiveness of the product. In addition, we will gradually establish commercial hubs abroad to facilitate distribution and effectively exploit trade incentives in each market,” Thanh said. Beyond traditional markets, the company also aims to expand operations in Southeast Asia and several South Asian countries to increase sales volume and diversify markets.

From the beginning of the year, Petro Viet Nam Fertilizer and Chemicals Corporation (PVFCCo) has implemented flexible management and operational solutions to market developments to ensure continuous and safe operations. In addition to domestic consumption, the company has exported two shipments with high efficiency. In 2026, it targets the production of 903,000 tonnes of urea equivalent, 180,000 tonnes of Phu My NPK, 10,000 tonnes of UFC85, and 129,000 tonnes of chemicals, with indicators in the first two months reaching 110–155% of the plan. In the coming months, the company will continue to maintain stable operations, optimise production capacity, ensure domestic supply, boost exports, enhance commercial efficiency, control input costs, improve resource utilisation, and accelerate progress of investment projects as planned.

Over recent years, Petro Viet Nam and its subsidiaries have steadily expanded markets and developed networks of customers and strategic partners in oil and gas exploration and production, gas, electricity, refining, and petrochemicals, as well as energy-related technical services. Under its strategy for market development, business, and international cooperation, Petro Viet Nam aims to strengthen partnerships with major energy corporations in the world; expand its network of strategic partners; and promote investment, trade, and energy services in international markets.

Through cooperation with international energy groups, Petro Viet Nam not only attracts advanced technology, financial resources and modern management experience but also creates opportunities for Vietnamese enterprises to participate more deeply in global supply chains. At the same time, expanding cooperation in new energy sectors such as offshore wind power, hydrogen, green ammonia, and clean energy technologies is expected to open new development space for the domestic business ecosystem.

Chairman of the Members’ Council of Petro Viet Nam Le Ngoc Son said that the revenue from the international business in 2025 reached more than 144,700 billion VND, while export value amounted to 2.1 billion USD, demonstrating the effectiveness of the group’s market expansion and international cooperation. Through multi-level cooperation and linkages, the group has gradually formed interconnected chains from energy supply, industrial production to consumption and services, thereby improving overall production and business efficiency. This approach not only helps Petro Viet Nam share risks amid volatile market conditions but also mobilise additional resources in terms of capital, technology, markets, and management experiences.

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