Chemical industry plays an important role in economic development, supplying inputs to many essential industries for production and consumption such as fertilizer, paint and printing ink, pesticides, detergents … In 2017, the chemical industry contributed about $ 2,155.6 million, accounting for about 1% of the total export turnover of the country.

The chemical industry has eight product categories, including nitrogen fertilizers and compounds, detergents, primary resins and synthetic rubber, basic chemicals, paints and inks, pesticides, artificial fibers and other chemical products not involved in the above. In 2016, Fertilizer and Nitrogen Compounds accounted for the highest proportion in the industry by sales (about 22.6%), followed by the group of detergent products.

One of the biggest weaknesses of Vietnam chemical industry is the weak capacity for the supply of raw materials. Therefore, most of the inputs to the chemical industry are imported. For many years, chemical has been always in the top 10 most imported products and the main import market in China. The machinery and technical systems of the chemical industry are mostly at an average good level compared to some countries in the region, so the productivity of the industry is not high and the added value is low.

The chemical industry is a sector with many specific risks, especially safety risks when used and risk of environmental pollution. Most of the enterprises in this industry are small and medium-sized and are facing fierce competition with multinational corporations that have financial potential, high technological level as well as better marketing strategies.


1. Business environment
1.1. Macroeconomic Indicator
1.2. Legal framework
2. World market
2.1. Production
2.2. Consumption
3. Vietnam market
3.1. Formation and development history
3.2. Definition and classification
3.4. Production and consumption
3.5. Import Export
4. Major sector groups
4.1. Fertilizers and nitrogen compounds
4.2. Synthetic rubber and raw plastic resins
4.3. Detergents
4.4. Paint and printing ink
4.5. Plant protection products
4.6. Basic chemicals
4.7. Synthetic fiber
5. Outlooks and forecasts
6.1. Development planning of the chemical industry
5.2. Outlooks of world chemical industry
5.3. Outlooks of Vietnam chemical industry
6. Business Analysis
6.1. Enterprise introduction
7.2. Financial analysis

Petrovietnam Fertilizer And Chemicals Corporation (Dpm)
Binh Dien Fertilizer Jsc (Bfc) (Bfc)
Petrovietnam Camau Fertilizer Joint Stock Company (Dcm)
Lamthao Fertilizers And Chemicals Joint Stock Company (Las)
Duc Giang Detergents And Chemicals Joint Stock Company (Dgc)
Dry Cell And Storage Battery Joint Stock Company (Pac)
Vietnam Fumigation Joint Stock Company (Vfg)
Lix Detergents Joint Stock Company (Lix)
Southern Basic Chemicals Jsc (Csv)
Saigon Plant Protection Joint Stock Company (Spc)



List of figures
Figure 1: GDP growth rate by quarter, 2015-Q1/2018
Figure 2: GDP by current price and GDP per capita, 2013-2017
Figure 3: Monthly CPI fluctuations 2014 – 3/2018
Figure 4: Import and export of commodity, 2006 – Q1/2018
Figure 5: Vietnam’s export of crude oil and coal, 2011 – Q1/2018e
Figure 6: VND/USD exchange rate, 2013-3/2018
Figure 7: VND/CNY exchange rate, 2/2016 – 3/2018
Figure 8: World crude oil supply and demand, 2006-2017e
Figure 9: World production value of chemicals, 2010 – 2016e
Figure 10: Structure of chemical production by region, 2015e
Figure 11: Chemical production growth by region, 2014 – 2020e
Figure 12: Production structure of chemical products worldwide, 2015
Figure 13: Forecast for annual production growth in chemical industry by field, 2016 – 2021e
Figure 14: Global Chemical Industry’s Revenue, 2007 – 2016e
Figure 15: Sales growth in chemical industry by region, 2015 – 2018F
Figure 16: Top 10 most chemicals consuming countries, 2016
Figure 17: Revenue from chemical consumption by region, 2016
Figure 18: Industry structure by revenue, 2016
Figure 19: Revenue and profit of chemical industry, 2010 – 2016
Figure 20: Number of enterprises and labor in chemical industry, 2011 – 2016
Figure 21: Total investment capital and fixed assets of chemical industry, 2011 – 2016
Figure 22: Production value of chemical industry, 2007 – 2018e
Figure 23: Consumption value of chemical industry, 2011 – Q1/2018e
Figure 24: Imports and exports of chemicals and chemical products, Q1/2018e
Figure 25: Import market structure of chemicals and chemical products, Q1/2018e
Figure 26: Export market structure of chemicals and chemical products, Q1/2018e
Figure 27: Structure of major fertilizers 2014
Figure 28: Revenue of the fertilizer industry, 2010-2016
Figure 29: Production and consumption of domestic producers, Q1/2018e
Figure 30: Domestic fertilizer production, 2010-Q1/2018e
Figure 31: Fertilizer demand and consumption, 2012 – 3M/2018e
Figure 32: Fertilizer import, 2012 – 2013M/2018ee
Figure 33: Structure of fertilizer import by type, 3M/2018e
Figure 34: Fertilizer import structure by country, 3M/2017 – 3M/2018
Figure 35: Fertilizer exports, 2012 – 3M/2018e
Figure 36: Fertilizer exports by country, 3M/2018e
Figure 37: Price movement, 2014 – 3/2018
Figure 38: Polymer structure used, 2015
Figure 39: Fluctuations in global benzene prices, 5/2017 – 5/2018
Figure 40: Polypropylene supply and demand in Vietnam, 2010-Q1/2018e
Figure 41: Production of raw plastic resins in the country, Q1/2018e
Figure 42: PP production output and consumption of Binh Son Refining and Petrochemical, 2013 – 6M/2017
Figure 43: Polymer consumption in Vietnam, 2010 – Q1/2018e
Figure 44: Market share of plastic additives, 2017
Figure 45: Import of plastic raw materials in Vietnam, 2010 – Q1/2018
Figure 46: Import market of plastic raw materials by volume, Q1/2018
Figure 47: Proportion of top importers of plastic raw materials, 9M/2017
Figure 48: Import structure of plastic raw materials by type, Q1/2018
Figure 49: Import – export of synthetic rubber, 2011 – Q1/2018e
Figure 50: Export market structure of synthetic rubber, 2017e
Figure 51: Import market structure of synthetic rubber, 2017e
Figure 52: Polymer price fluctuations, 5/2015 – 4/2018
Figure 53: Fluctuations of natural rubber and synthetic rubber prices, Q1/2012 – Q4/2017
Figure 54: Number of enterprises and labor in the industry, 2011 – 2016
Figure 55: Production volume of detergents, 2010 – Q1/2018e
Figure 56: Consumption value of detergents, 2010 – Q1/2018e
Figure 57: Import value of detergents, Q1/2018e
Figure 58: Import market structure of detergents, Q1/2018e
Figure 59: Production volume of printing ink, 2010 – Q1/2018e
Figure 60: Consumption value of paint and printing ink, 2010 – Q1/2018e
Figure 61: Paint consumption structure by field, 2015
Figure 62: Import and export of paints and printing ink of Vietnam, 2011 – 2017e
Figure 63: Import market structure of paints and printing ink, 2017e
Figure 64: Export market structure of paints and printing ink, 2017e
Figure 65: Number of enterprises and labor in the industry, 2011 – 2016
Figure 66: Production volume of pesticides, 2013 – Q1/2018e
Figure 67: Structure of pesticide production, Q1/2018e
Figure 68: Structure of pesticide consumption, 2016e
Figure 69: Market share of pesticides in Vietnam, 2016e
Figure 70: Consumption value of pesticides, 2012 – Q1/2018e
Figure 71: Consumption structure of pesticides by product group, Q1/2018e
Figure 72: Consumption of pesticides by plant group, 2016
Figure 73: Import and export of pesticides and raw materials, 2011 – 2017e
Figure 74: Export structure of export of pesticides by volume, 2017
Figure 75: Export value of pesticides in Vietnam to some countries, 2011 – 2016
Figure 76: Average electricity price, 7/2007 – 3/2018
Figure 77: Number of enterprises and labor in the industry, 2011 – 2016
Figure 78: Production of basic chemicals, 2013 – Q1/2018e
Figure 79: Comsumption value of basic chemicals, 2011 – Q1/2018e
Figure 80: Import-export turnover of basic chemicals, 2011 – Q1/2018e
Figure 81: Import market structure of basic chemicals, Q1/2018e
Figure 82: Production output of Synthetic fiber, 2011 – Q1/2018e
Figure 83: Market share by actual production capacity, 2014
Figure 84: Volume and consumption value of Synthetic fiber, 2011 – Q1/2018e
Figure 85: Import-export turnover of Synthetic fiber, 2009 – 2017e
Figure 86: Market share by export value, 2015e
Figure 87: Export market structure of Synthetic fiber, 2017e
Figure 88: Import market structure of Synthetic fiber, 2017e
Figure 89: Net revenue, 2016 – 2017
Figure 90: Gross profit margin, 2016 – 2017
Figure 91: Cost of sales, 2016 – 2017
Figure 92: Enterprise cost management, 2016 – 2017
Figure 93: Solvency, 2016 – 2017
Figure 94: Profit Ratio, 206 – 2017
Figure 95: Payment ratio, 2016 – 2017
Figure 96: Inventory turnover, 2016 – 2017
List of tables
Table 1: Vietnam’s average tariffs under major trade agreements
Table 2: Tariffs of Vietnam and Korea after AKFTA application
Table 3: Revenue in the fields of chemical industry in Vietnam, 2011 – 2016e
Table 4: Production capacity của Key players in the industry, 3/2018
Table 5: Production of raw plastic resins in some provinces, Q1/2018
Table 6: LLDPE, LDPE, HDPE, PP distribution from enterprises in 2014-2015 in the Northern market
Table 7: Production volume of detergents, 2012 – Q1/2018e
Table 8: Production capacity of basic chemicals of some enterprises, 2017