AsemconnectVietnam - At PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo - Phu My: stock code DPM), governance is not just about legal compliance, but also about effective operational capacity, risk control, and building long-term trust with shareholders, customers, partners, and stakeholders.

Of the three pillars of ESG, corporate governance (G - Governance) is the foundation for the effective implementation of environmental and social commitments.
Information transparency strengthens trust among stakeholders
As a listed company on the Vietnamese stock exchange, PVFCCo – Phu My identifies information transparency as one of the core requirements of corporate governance. The Corporation consistently publishes and updates important information regarding its production and business activities, financial reports, annual reports, shareholder meeting documents, resolutions, development strategies, the status and results of plan implementation, and other information and documents as required by regulations.
This information disclosure not only meets legal requirements but also helps shareholders, investors, and stakeholders monitor and evaluate the company's operations. Simultaneously, PVFCCo – Phu My strengthens communication about its production and business activities, digital transformation, green products, and sustainable development, thereby building a professional and responsible image for the listed company.
A highlight in governance is the publication of PVFCCo – Phu My's independent Sustainable Development Report for 2025, along with communication about the sustainable development orientation for the period 2026–2030, with a vision to 2050. The publication of the independent Sustainable Development Report for 2025 and the sustainable development orientation for the period 2026–2030, with a vision to 2050, demonstrates that ESG has been gradually integrated into the Corporation's production, business, investment, and operational strategies.
Modern governance, risk control, and efficient operation
Along with the requirement for transparency, PVFCCo – Phu My focuses on perfecting its governance model towards a modern approach, consistent with best practices and the development requirements of the new phase. The roles of the Board of Directors, the Executive Board, the internal control system, auditing, and risk management have been continuously strengthened, contributing to improved operational quality and efficiency throughout the Corporation.
In the context of a volatile market, PVFCCo – Phu My focuses on flexible production and business coordination, expanding its product portfolio and markets, and cooperating with strategic partners to enhance adaptability and achieve sustainable growth.
From a production perspective, effective management is demonstrated through maintaining the stable and safe operation of the Phu My Fertilizer Plant after comprehensive maintenance; while simultaneously promoting technical innovation initiatives, energy saving, cost optimization, and improved resource utilization efficiency. These results not only have economic significance but also directly contribute to the goal of sustainable development, reducing environmental impact, and enhancing the long-term competitiveness of the Corporation.
Furthermore, PVFCCo – Phu My always prioritizes business ethics, integrity, and responsibility throughout its system. Strict adherence to regulations on preventing and combating corruption and negative practices; compliance with laws, regulations of regulatory agencies, and relevant standards are crucial foundations for protecting the company's reputation. A culture of compliance and responsibility is not only an internal requirement but also a commitment of PVFCCo – Phu My to shareholders, partners, customers, and society.
Digital Transformation, Supply Chain Management, and Long-Term Sustainable Development
A prominent highlight in the "G" pillar at PVFCCo – Phu My is digital transformation in management. PVFCCo – Phu My is promoting digital transformation in management through ERP platforms, Data Lakehouse, process digitization, data management, and the gradual application of AI to improve operational efficiency. Simultaneously, platforms such as the Phu My app, traceability using QR codes and RFID, Zalo OA, and digital solutions in customer care contribute to increased transparency and enhanced user experience.
Supply chain management is also an increasingly important aspect of ESG. PVFCCo – Phu My focuses on selecting and evaluating suppliers and partners based on criteria such as quality, safety, environment, social responsibility, and cooperation efficiency. Increased transparency in procurement, bidding, cooperation with strategic partners, and supply chain optimization contribute to improved resource utilization, reduced risks, and stability in production and business operations.
It can be affirmed that the "G" pillar of ESG at PVFCCo - Phu My is being demonstrated in many aspects: information transparency, governance according to modern practices, digital transformation, risk management, business ethics, supply chain management, brand management, and sustainable development. With a stable, transparent, and progressively modernized governance foundation, PVFCCo - Phu My is firmly consolidating the trust of shareholders, investors, customers, partners, and the community, while creating a foundation to enhance competitiveness, increase brand value, and continue to contribute to the sustainable development of the national economy.
N.Nga
Source: VITIC/Bao Tai chinh – Dau tu