Vietnam’s Chemical King Reveals Q2 Plans, Nearly Half Revenue from Sought-after Products by the US, Japan, and South Korea

The Duc Giang Chemical Group JSC (DGC) has announced its Q2 2025 business plan, targeting a revenue of 2,841.7 billion VND and a net profit of 800 billion VND, down 8% year-on-year. DGC, Asia’s largest exporter of yellow phosphorus, which accounts for nearly a third of global exports, expects to generate 1,404 billion VND in revenue from this product in Q2, making up nearly half of its overall revenue target. The company will also continue to export to Japan and South Korea and is aiming for the US market due to high demand. Additionally, DGC plans to invest 500 billion VND in the Nghi Son Project and 40 billion VND in an alcohol plant in Q2. In Q1, DGC reported an 18% revenue increase, reaching 2,810 billion VND and a net profit of approximately 834 billion VND. For the entire year, the total revenue target is 10,385 billion VND, a 5% increase year-on-year.