Nong Thuan Phat Trading Company Limited: Improving quality and increasing competitiveness for Vietnamese goods

With impressive growth in production and business results, fulfilling its responsibilities to employees and the community, Nong Thuan Phat Trading Company Limited (Trung An Ward) is considered one of the province's typical enterprises in 2025. The efforts to innovate, focus on quality and fully comply with legal regulations have contributed to building the image of a sustainable developing enterprise in the fertilizer sector.

SUSTAINABLE GROWTH

For 3 consecutive years (2022 - 2024), Nong Thuan Phat Trading Company Limited maintained a strong growth rate in most business indicators. Revenue increased from 55,051 million VND in 2022 to 86,159 million VND in 2024, an increase of more than 56% after only 2 years.

Nong Thuan Phat Trading Company Limited received the award of typical enterprise of the province in 2025.
Photo: MINH THANH

Profit after tax also increased more than 4 times, from 196.5 million VND to 820 million VND, reflecting increasingly outstanding production and business efficiency. Workers' income is maintained at a stable level and increases steadily every year, reaching 9.8 million VND/month in 2024.

Along with economic efficiency, the company always fulfills its financial obligations, and its budget contribution increases every year. The company strictly complies with regulations on social insurance, health insurance, and unemployment insurance for employees, ensuring their rights in accordance with the law.

Nong Thuan Phat Trading Company Limited is a unit operating in the field of fertilizer production and trading, always interested in applying science and technology in its operations.

The enterprise achieved ISO 9001:2015 certification in March 2024, continuing to affirm its reputation in quality management. The enterprise has been recognized with many noble awards such as: Gold Medal Certificate issued by the Ministry of Science and Technology ; National Quality Awards in 2021 and 2024 presented by the Prime Minister; "Outstanding Enterprise" title in 2023 and 2025, and many Certificates of Merit for excellent performance.

Mr. Nguyen Van Ung, Chairman and Director of Nong Thuan Phat Trading Company Limited (third from right) and other agencies and departments work at the factory. Photo: MINH THANH

Not only focusing on production development, the enterprise also pays special attention to compliance with legal regulations in all areas: Land, environment, labor safety, fire prevention and fighting and construction.

The company has a complete waste treatment system, conducts environmental impact assessment reports every 6 months, and has an environmental license approved by the Provincial People's Committee.

Fire prevention and fighting teams are established and regularly trained; labor safety measures are deployed synchronously.

Mr. Nguyen Van Ung, Chairman and Director of Nong Thuan Phat Trading Company Limited, said that after more than 13 years of production and 3 years of trading, the most profound conclusion that the enterprise has made is that quality must be put first.

According to him, this is the factor that helps the company survive and develop sustainably for more than 16 years, while few fertilizer businesses survive for more than 5 years if they only compete on low prices.

Mr. Ung believes that if a business only chooses the path of reducing costs by reducing quality, it will completely fail. On the contrary, Nong Thuan Phat Trading Company Limited firmly adheres to the philosophy: Quality comes first - reasonable price, creating trust for farmers in the context of an increasingly demanding market.

The company also focuses on improving the capacity of its workforce through regular training courses on production skills, freight transport, and operational skills. During the evaluation period, the company organized two training sessions for managers and workers.

In addition to business activities, the company also actively participates in social security. In September 2025, the company donated mineral water, buns, helmets and raincoats to people returning to their hometowns on the occasion of September 2, with a total cost of about 50 million VND. This is a regular activity demonstrating the company's social responsibility.

Notably, the company maintains a grassroots trade union with nearly 15 employees, ensuring a representative voice for employees and building harmonious and stable labor relations. During the entire operation, the company has not had any complaints, denunciations, strikes or collective work stoppages.

MARKET EXPANSION

In the context of the campaign “Vietnamese people prioritize using Vietnamese products” continuing to spread widely, Nong Thuan Phat Trading Company Limited determined that improving product quality, innovating technology and expanding the distribution network are practical ways to contribute to increasing the competitiveness of Vietnamese products. The fact that many agents and farmers trust domestic fertilizer products has affirmed the right direction of the enterprise.

Nong Thuan Phat Trading Company Limited gave away mineral water, buns, helmets and raincoats to people returning home on the occasion of September 2nd holiday.
Photo: MINH THANH

In order to meet the increasingly diverse market demands, the company continuously researches and launches new product lines, including foliar fertilizers for durian and coffee trees during flowering, fruit maintenance and post-harvest recovery. These products are considered suitable for current agricultural production needs.

Lien Diep agent, village 9, Quang Tin commune, Lam Dong province said that switching to using fertilizers of Nong Thuan Phat Trading Company Limited has brought about clear results, increasing output.

Previously, when using other brands' products, it took 4-4.2 kg of fresh coffee to process 1 kg of coffee beans. However, after applying the company's fertilizer, this ratio improved significantly, only about 3.6-3.7 kg of fresh coffee beans to produce 1 kg of coffee beans, helping farmers improve productivity and product quality.

The company's distribution system has been strongly expanded, not only covering the Mekong Delta but also reaching the East, Central, Central Highlands and is expected to expand to the North in 2025. This is an important step to enhance the province's fertilizer brand.

Enterprises are also shifting strongly from inorganic to organic - clean fertilizer production, prioritizing the use of domestic raw materials, reducing imports to lower costs for farmers while still ensuring technical standards.

“In the 4.0 era, farmers only need to test a few batches to evaluate the quality. If the goods are poor, they will immediately report it on social networks, and the authorities will intervene, making it difficult for businesses to survive. Therefore, we absolutely do not compromise on quality,” Mr. Ung emphasized.

The above results also show the positive response of enterprises to the Campaign "Vietnamese people prioritize using Vietnamese goods", contributing to enhancing the position of Vietnamese goods in the agricultural market.

Since then, Nong Thuan Phat Trading Company Limited has continued to affirm its role as a typical enterprise, making practical contributions to the socio-economic development of Dong Thap province and becoming a "bright spot" in the fertilizer industry business community.

LY OANH

Source: https://baodongthap.vn/cong-ty-tnhh-thuong-mai-nong-thuan-phat-nang-cao-chat-luong-tang-suc-canh-tranh-cho-hang-viet-a233801.html