Viet Nam, Egypt partner to secure fertilizer raw materials

09:41 16/04/2026

Two major enterprises of Viet Nam and Egypt, Vinachem and Kayan for International Trade, have just signed a strategic MOU in New Cairo.

The signing ceremony was attended by Mr. Nguyen Huu Tu, General Director of Viet Nam National Chemical Group (Vinachem); Mr. Vu Van Bang, General Director of DAP - Vinachem JSC, alongside several importers and distributors from Viet Nam. Representing Kayan Group were Chairman Hatem Elgamal and executives from its member units.

The MOU signing between the two entities promises to open a long-term cooperation framework in apatite ore supply and market development for chemical and fertilizer products. Photo: *Vinachem.*

Partnering from the root of the supply chain

Under the MOU, Kayan - one of the largest apatite mining and exporting enterprises in Egypt, holding about a 40% national market share, will supply apatite ore to Vinachem's fertilizer plants in Viet Nam. This partnership is based on supply advantages, competitive pricing and optimized logistics costs.

Specific terms regarding quality, pricing, delivery schedules, and payment will be detailed by both parties in separate commercial contracts in the near future. Vinachem will execute the imports through a commercial unit in Viet Nam.

The signing is considered a crucial step in Vinachem's strategy to proactively secure raw materials for fertilizer production amid global market volatility.

Mr. Nguyen Huu Tu, General Director of Vinachem, and Mr. Hatem Elgamal, Chairman of Kayan Group, sign the strategic Memorandum of Understanding (MOU) on April 14, 2026. Photo: *Vinachem.*

Paving the way for Vinachem products in Egypt and the region

Beyond cooperating on apatite ore supply, both sides agreed to promote market development for Vinachem's key products, such as detergents, tires, compound fertilizers, batteries and other industrial and consumer goods.

According to the agreement, Kayan will directly become a distributor or assist Vinachem in accessing distribution channels in Egypt and neighboring countries at the earliest opportunity. This is viewed as a chance for Vinachem's industrial and consumer products to gradually penetrate the Middle East and North Africa (MENA), a region with substantial demand for chemicals and fertilizers.

The two sides will establish a Joint Cooperative Steering Committee (JCSC) comprising senior representatives to periodically review progress, resolve arising issues and approve specific cooperation programs. Photo: *Vinachem.*

Speaking at the ceremony, leaders from both sides affirmed their desire to build a sustainable strategic partnership, jointly exploiting their strengths in resources, production capacity and distribution systems to increase value for both parties.

The MOU signing between Vinachem and Kayan is not merely a commercial story of importing ore; it also reflects a mindset of cooperating from the root of the supply chain, aligning with Vinachem's orientation toward high-tech development, green economy and international market expansion in the new phase.

Minh Ha