Vietnam National Chemical Group (Vinachem) has, for the first time, been recognised by Fortune in its Southeast Asia 500 ranking this year, marking a significant milestone in the company’s development and reinforcing the position of one of Vietnam’s leading industrial groups within the regional economy.

According to Fortune’s latest list, Vinachem ranks 148th among Southeast Asia’s top 500 companies in 2026.

According to Fortune’s latest list, Vinachem ranked 148th among Southeast Asia’s top 500 companies in 2026.

The ranking is compiled using key financial indicators including revenue, profit and total assets, and covers enterprises from seven regional economies, namely Vietnam, Indonesia, Thailand, Malaysia, Singapore, Philippines and Cambodia.

This marks the third year that Fortune has published the Southeast Asia 500 list to recognise companies demonstrating scale, operational efficiency and meaningful contributions to regional economic development.

According to Fortune’s assessment, Vinachem recorded revenue of 2.4 billion USD and profit of 146 million USD in 2025.

The performance reflects a stable financial foundation, resilience amid market fluctuations, and the effectiveness of restructuring and productivity improvements across the group.

Vinachem General Director Nguyen Huu Tu said the achievement was the result of determined implementation in line with Resolution No. 79-NQ/TW dated January 6, 2026, issued by the Politburo on the development of the state-owned economic sector.

The resolution sets a target of having 50 state-owned enterprises among Southeast Asia’s top 500 companies by 2030.

Looking ahead, Vinachem has identified innovation, digital transformation, green transition and sustainable development as its principal growth drivers.

The group plans to prioritise high-value and technology-intensive sectors, including chemicals for the electronics and semiconductor industries, rare-earth extraction, pharmaceuticals and advanced materials.

The company also intends to expand investment in research and development (R&D) centres and develop modern, circular and sustainable industrial parks, with the aim of strengthening the competitiveness of Vietnam’s chemical industry in regional and global value chains.

Over 16,000 tonnes of fresh lychees exported to China through Kim Thanh border gate

More than 16,000 tonnes of fresh lychees worth nearly 11 million USD were exported to China through Kim Thanh International Border Gate No. 2 from the start of the harvest season through June 14.

Seedless lychee prices surge to $30 per kg after extreme weather ravages harvest

Seedless lychee prices in HCMC have nearly doubled from last year to around VND800,000 (US$30.4) per kilogram after unfavorable weather severely reduced output.

Bac Ninh, T&T Group step up investment cooperation

BAC NINH - Authorities in northern province of Bac Ninh and T&T Group discussed measures to accelerate investment projects and expand cooperation during a recent working session held at the provincial People’s Committee headquarters.

Bac Ninh seeks deeper investment ties with South Korean partners

BAC NINH - Bac Ninh Province is stepping up efforts to attract high-quality foreign investment and strengthen cooperation with South Korean businesses, provincial officials said following a reent meeting with representatives of Lee Kim Alliance Co., Ltd. and the Cheongju Chamber of Commerce and Industry’s representative office in Hanoi.

Exports gain momentum from high-tech growth drivers

According to the Ministry of Industry and Trade, Vietnam’s exports reached 215.66 billion USD in the first five months of 2026, up 19.5% year-on-year. Twenty-six export items generated more than 1 billion USD in revenue each, including seven with turnover exceeding 10 billion USD.

Vietnam–China crossings see spike in ASEAN fresh produce

Since the start of the summer harvest season, China's two major border gates with Vietnam, Youyi Guan in Pingxiang and Beilun 2 Bridge in Dongxing, have entered their peak period for handling imports of fresh agricultural and seafood products from member states of the Association of Southeast Asian Nations (ASEAN).