# Vietnamese fertilizer industry growth

> Developing situation record from CLSTR: https://clstr.news/situations/vietnamese-fertilizer-industry-growth
> Updated: 2026-11-05T01:58:20.000Z. Sources: 7. Developments: 2.

In the first nine months of 2026, the fertilizer sector in Vietnam showed strong performance. Ca Mau Fertilizer Joint Stock Company (DCM) reported a net profit after tax of 2,285 billion VND, a 49.6% year-on-year increase, supported by a 95% surge in export revenue.

Following this performance, major producers DCM and Petrovietnam Fertilizer and Chemicals Corporation (DPM) raised their 2026 profit targets. DCM increased its pre-tax profit target by 83.3% to 2,419 billion VND and raised its urea production plan to 950,000 tons. DPM adjusted its consolidated after-tax profit target to 1,445 billion VND, a 113% increase from its original plan, having already achieved 202% of its initial annual profit target during the first nine months.

## Timeline

### 2026-11-05: Major Vietnamese fertilizer companies raise 2026 profit targets

Vietnamese fertilizer giants Ca Mau Petroleum Fertilizer and PVFCCo have significantly raised their 2026 profit and revenue targets following strong growth in urea and NPK sales.

6 sources. https://clstr.news/cluster/major-vietnamese-fertilizer-companies-raise-2026-profit-targets

### 2026-10-30: Ca Mau economic sectors report strong growth in fertilizer and shrimp industries

Ca Mau Fertilizer (DCM) saw a 49.6% increase in nine-month profit, while the province's shrimp production rose 9.7% to 454,065 tons in 2026.

2 sources. https://clstr.news/cluster/ca-mau-economic-sectors-report-strong-growth-in-fertilizer-and-shrimp-industries

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Cite as: Vietnamese fertilizer industry growth. CLSTR, https://clstr.news/situations/vietnamese-fertilizer-industry-growth