Vietnam National Chemical Group is a multi-possession enterprise in which state possession governs over other possessions. The Group is functioning as a parent company - subsidiaries and was formed according to Decision No 2180/TTg signed by Prime Minister concerning the rearrangement and restructuring Vietnam National Chemical Corporation. The parent company - Vietnam National Chemical Group is a 100% state capital enterprise and restructed from Group Office, departments and dependent companies including: Viet Nam Chemical Import & Export Corporation, Centre for Information of the Chemical Science and Technicques, Chemical Services and Trade Center.
Apart from the parent company - Vietnam National Chemical Group, the Group has 10 companies which Vinachem holds 100% registered capital, 17 companies which Vinachem holds the leading shares (over 50% registered capital), 16 affiliates which Vinachem holds under 50% registered capital, one Research Institution and one College.