Jointly Discussing a Diversified Cooperation Framework — Dongxu Energy Investment and Vietnam Chemical Group Draw a New Blueprint for Strategic Cooperation

On November 14, 2025, Nguyen Huu Tu, General Director of Vietnam National Chemical Group (Vinachem), warmly received the delegation of Dongxu Energy Investment and presided over a bilateral working meeting. Li Yang, General Manager of Dongxu Energy Investment, and Wang Tingmiao, Deputy General Manager, attended the meeting.

The exchange took place in a friendly and pragmatic atmosphere. Both sides held in-depth discussions on existing cooperation achievements and future strategic planning. This meeting marks that the strategic cooperation between Dongxu Energy Investment and Vinachem has entered a new stage of steady advancement and comprehensive deepening.

The meeting between the two parties set the tone for future cooperation, demonstrating tremendous potential for collaboration.

 The meeting was personally chaired by Mr. Nguyen Huu Tu, General Director of Vietnam National Chemical Group (Vinachem), fully demonstrating the high level of importance the Vietnamese side attaches to its cooperation with Dongxu Energy Investment.

During the discussion, Mr. Nguyen Huu Tu highly recognized the phased achievements jointly promoted by both sides in the chemical sector, noting that the cooperation is built on a solid foundation, possesses broad prospects, and holds tremendous development potential. He emphasized that Vinachem is willing to work together with Dongxu Energy Investment, focusing on current needs while planning for the long term, to jointly explore broader areas of cooperation and elevate bilateral collaboration to a higher and deeper level.

Focusing on Key Areas and Seeking Practical Cooperation

During the meeting, based on the cooperation framework proposed by Vinachem, both parties conducted productive discussions around several strategic directions:

• High-purity chemicals for electronics and semiconductor industries:
In response to the growing demand for high-end chemicals in Vietnam and global markets, both parties explored the feasibility of joint production and technical cooperation, aiming to enhance the value of the industrial chain together.

• Rare earths and strategic materials:
Focusing on the application of rare earths and strategic material extraction and separation technologies, both sides expressed a shared vision to strengthen the autonomy and security of the raw material supply chain.

• Technical rubber and basic chemicals:
Both parties agreed to further expand related product lines, improve the supply chain of Vietnam’s chemical industry, and promote industrial upgrading.

• Green, low-carbon, and environmental technologies:
Guided by dual-carbon goals, both sides engaged in in-depth discussions on green chemical technologies, production processes, and environmental management, exploring pathways for low-carbon transformation.

• Talent exchange and capacity building:
Both parties agreed to enhance the joint cultivation of technical and managerial talents, including supporting Vietnamese key personnel to receive training in China, ensuring a continuous supply of high-quality human resources for cooperation projects.

Looking Ahead: Advancing Together for Mutual Benefit

Li Yang, General Manager of Dongxu Energy Investment, stated that with the strong support and promotion from Mr. Nguyen Huu Tu and Vinachem, both sides will achieve more practical outcomes in fields such as new chemical materials, high-end specialty chemicals, green and low-carbon technologies, and talent training. Together, they aim to build a new pattern of cooperation that aligns with the development strategies of both parties and achieves mutual benefit, contributing to the upgrading of Vietnam’s chemical industry and supporting high-quality regional economic development.

Subsequently, based on the above discussions, both parties will carry out in-depth research on each specific cooperation direction to accelerate the implementation of relevant cooperative projects and plans. This working meeting has further strengthened the partnership between Dongxu Energy Investment and Vietnam National Chemical Group, while also opening new development opportunities for cooperation in the fields of chemicals, materials, and high-tech industries.

Dongxu Energy Investment will also take this exchange as an opportunity to establish a normalized cooperation mechanism with Vinachem and jointly set up a dedicated working group to accelerate the refinement and implementation of cooperative projects. We look forward to achieving not only win-win outcomes in specific projects through deep collaboration in technology, resources, and markets, but also building a comprehensive cooperation ecosystem covering new chemical materials, advanced manufacturing, and green technologies. This will inject new momentum into the high-quality development of the chemical industry in both China and Vietnam—and even globally.