The chemical industry in our country is still new and has not yet met the domestic demand..
The characteristic of the chemical industry is the diversity of products serving all economic and technical branches. Since then, this industrial chemical industry can exploit all the strengths of the country’s resources from minerals, oil and gas to products, by-products and even wastes of industry and agriculture… very important role in the economy of a country. It is a key economic – technical branch of the country.

Vietnam’s economy is almost entirely dependent on agriculture and the emerging industrial chemical industry. As a result, the whole country has to import agrochemicals and other chemical products. Vietnam’s chemical industry is still in its infancy, producing only limited basic chemicals. Chemicals used for industry do not meet domestic demand and are only used for the production of pesticides and other basic products. In addition, in the country does not produce pure and special chemicals. In terms of chemicals, each year between 70% of urea demand is imported while ammonium phosphate is imported 100%.

Vietnam’s chemical production technology is considered backward compared to the world in general. Chemical products have less competitive performance with countries in the same region and Vietnam has less high awareness of chemical risks. That leads to the loss of natural resources and the whole country also faces the problem of serious environmental pollution. Currently, the Vietnamese agrochemical market accounts for about 0.5% of the international market.

Vietnam’s chemical industry is growing strongly with an annual growth rate of 12%, becoming one of the key economic sectors and is prioritized to meet the needs of other industries and the economy. economy in general. Production of detergents and cosmetics is expanding rapidly in Vietnam. Vietnamese companies such as NET, LIX, Daso and joint ventures as well as companies with 100% foreign capital such as Lever Vietnam, P&G provide consumers with new products of high quality and design. Pretty. The production of paints and rubber products also increased as a result of companies such as Dong A, Dong Nai and Casumina.

The chemical industry is very important for the development of other industries. According to Resolution 207/2005/QD-TTg, the Prime Minister approved the plan to develop the chemical industry until 2010 and develop until 2020. According to this decision, the chemical industry is considered as one of the key industries. and take precedence. Therefore, all domestic and foreign resources will focus on the comprehensive chemical industry, including key fields such as fertilizers, general and specialized rubber, basic chemicals (including organic and inorganic), petrochemicals, pure chemicals, chemicals and consumer chemicals to meet domestic needs and requirements of regional and global economic integration.

In addition, the plan has encouraged the application of modern technology to produce high-quality chemical products at competitive prices and minimize the adverse impacts of chemical production on the environment. In addition, the development plan must also go hand in hand with the restructuring of the industry and the economy in general.

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