VIETNAM APATIT LIMITED COMPANY

VIETNAM APATIT LIMITED COMPANY (CÔNG TY TNHH MỘT THÀNH VIÊN APATIT VIỆT NAM) is one of Vietnam’s largest and most strategic enterprises in the mining and processing of chemical and fertilizer minerals, headquartered on Tran Hung Dao Avenue, Bac Cuong Ward, Lao Cai City, Lao Cai Province. Established on May 25, 2005, under Business ID: 5300100276, the company operates under the Lao Cai Department of Planning and Investment. It plays a crucial role in supplying input materials for Vietnam’s fertilizer and chemical industries.

The company is wholly owned by the Vietnam National Chemical Group (VINACHEM), a state-owned conglomerate that oversees several leading industrial and mining enterprises across the country. Under the leadership of Mr. Nguyen T. H. (Chairman) and Mr. Nguyen T. C. (General Director), the firm employs approximately 1,800 workers, with multiple operational branches across Lao Cai Province and a representative office in Hanoi.

VIETNAM APATIT LIMITED COMPANY focuses on the extraction and processing of apatite ore, a key raw material used in the production of phosphates and nitrogen fertilizers. In addition to mining, the company also engages in fertilizer manufacturing, transport services, and infrastructure construction for mining-related projects. Its operations serve as a vital link in the national chemical supply chain, supporting both domestic agricultural producers and industrial clients.

Financially, as of 2023, the company maintained a robust position with total assets of USD 143.92 million, marking a 12.2% increase from the previous year. Equity stood at USD 93.37 million, while sales reached USD 102.31 million, showing consistent revenue growth despite a volatile commodity market. The company achieved an impressive profit of USD 22.88 million, up 19.9% year-on-year, supported by efficient cost management and stable fertilizer demand. Its working capital of USD 56.85 million further underscores strong liquidity and operational stability.

Over the past decade, VIETNAM APATIT LIMITED COMPANY has maintained steady growth in both assets and profitability, demonstrating its role as a financially sound and strategically important state-owned enterprise. Its success also reflects the broader upward trend in Vietnam’s mining and fertilizer sectors, where demand continues to expand alongside national agricultural modernization efforts.

With over 20 years of operations, the company has built a solid reputation for reliability, safety, and environmental compliance in mineral extraction and processing. As a core member of the VINACHEM Group, it continues to expand its production capacity, invest in advanced technologies, and contribute to Vietnam’s sustainable resource development and fertilizer self-sufficiency.

Information summarized from verified data compiled and analyzed by VANGUARD BUSINESS INFORMATION LLC (VNBIS), a leading provider of business intelligence and credit risk assessment in Vietnam.