MICCO STORY

         The story of MICCO has begin with the opportunities & challenges of national defence & economic reconstruction during & after the war – born on December 20, 1965 in Lang Son, originating in the field of reserves, storage & supply of industrial explosives. From a small enterprise, MICCO has transformed itself into a giant in the industry with thousands of experts, officers and employees spanning more than 30 provinces and cities across the country. That miraculous growth comes from the Culture & Philosophy of ” Synergy of Synergy ” of all officers and employees:

• In 1968, MICCO was honoured to be awarded the Labour Medal by President Ho Chi Minh for outstanding contributions to the cause of national construction & defence;
• In 1991, MICCO successfully researched and developed its first explosive product (Zecno 79/21) and expanded its business into the field of explosives production;
• In 1993, a turning point for Vietnam’s industrial explosives industry when MICCO produced products with many outstanding advantages in terms of cost and environmental friendliness, ANFO explosives; up to now, ANFO is still the main explosive product used mostly in industry;
• In 1995, MICCO upgraded from Enterprise to Company and returned to the roof of Vietnam Coal Corporation (Vietnam Coal and Mineral Industries Group today), marking a key milestone in the development journey. of Mine Chemicals;
• In 1997, MICCO developed & provided blasting services, opening up superiority in the market, and at the same time affirming the strategic vision of MICCO’s leadership;
• In 2004, Vietnam Coal-Mineral Industry Group officially assigned MICCO to carry out blasting of all open-pit mines under the Group, with tens of thousands of tons of explosives and hundreds of millions of cubic meters of mineral soil and rock. annual production, proving the prestige & stature of Mining Chemicals;
• In 2007, MICCO succeeded in researching technology and went into production of bulk emulsion explosives NTR05, NTR06, a big step forward in the country’s industrial explosives industry;
• In 2008, MICCO succeeded in producing explosive emulsion packages used for underground mines NTLD and NTLT;
• In the fall of 2008, MICCO marked its breakthrough solutions in production and business efficiency, and at the same time reached out to integrate strongly in the face of market changes & the inevitable requirements of innovation;
• On January 1, 2013, MICCO provided geotechnical engineering consulting services for geodesy & mining with the establishment of MiTech Technical Service Centre (now is SOUTHERN MICCO Research & Development Centre);
• In December 2013, MICCO pioneered the application of information technology with the ERP solution for enterprise resource management with Fast Business software to optimize resource usage & improve the efficiency of production and business administration.
• Following that momentum, in December 2013, the enterprise exported the first batch of industrial explosives, affirming the prestige and brand of Vietnamese products, also it is a turning point to reach out the ocean;
• On June 13, 2015, MICCO celebrates the birth of the official strategic product Nitrate Amon in Vietnam, taking the initiative in the main source of raw materials to produce industrial explosives instead of having to import them;
• In the same period, in 2015, the enterprise successfully designed & manufactured the ANFO explosives production vehicle & the emulsion explosives production vehicle for open-pit mines, with the goal of mechanizing the blasting work of large open-pit mines in Vietnam. Vietnam;
• In 2016, MICCO focuses on three key pillars: industrial explosives, mining services & industrial chemical production;
• In 2017, MICCO successfully developed a closed chain ecosystem, with the strategy of ‘concentric diversification’ — in order to provide customers with optimal and effective solutions per cubic meter of soil and rock, minerals – creating a solid premise for mining services & consumption market of industrial explosives;
• In 2018, MICCO successfully researched and developed 02 new explosive lines: high-energy emulsion explosives for HPEX-01 open-pit mines; and safe emulsion explosives for underground mines with superior methane release NTLT-5;
• In 2019: MICCO successfully researched & produced NaNO3 products, meeting domestic demand to replace imports & orient to export;
• In 2020, with the strategic orientation of expanding the value chain into the field of fertilizers, MICCO actively researches and successfully produces CAN fertilizer, opening a new direction for production of agricultural products;
• In 2021, MICCO establishes vision, mission, core values (creativity, cooperation, prestige, dedication, professionalism), business philosophy (symbiosis), slogan (synergy); repositioning brand identity, expanding coverage & developing MICCO brand. At the same time, the Vietnam Coal-Mineral Industry Group officially approved the Development Strategy of Vinacomin-Mining Chemical Industry Corporation to 2030, with a vision to 2045 in Decision No. 763/QĐ-TKV dated June 2. year 2021.

During more than half a century of pursuing the philosophy of “Symbiosis and synergy”, the achievements of enterprises in the cause of national construction are unspeakable:

• For the economy: create a proud impact & pass through most of the key economic sectors such as construction, transportation, cement, hydroelectricity, irrigation, mining, etc…, creating a bold impression in the mining industry in particular, and with the whole Vietnamese economy in general;
• For partners: development & resonance from the symbiotic ecosystem, in the service chain: drilling – blasting – loading and unloading – transportation – processing – to product trading – to multiply the alliance’s strength for key partners, opening up a series of opportunities to exploit new markets & create multi-faceted business ideas in the same ecosystem;
• For customers: providing revolutionary solutions in both specific production operations, strict safety standards, differentiated business strategies – and demonstrating optimal efficiency per cubic meter soil, stone, minerals for customers, in order to accompany & connect for a long time based on the sustainable business development of customers;
• For employees: create an organization imbued with its own cultural identity, a unique state-owned enterprise — by always taking care of both the material and spiritual lives of officials and employees; develop a spirit of mutual love; encourage learning of innovative ideas in the region & the world; applying many advanced scientific technologies & East-West management quintessence, etc., thereby creating an ideal working environment, enthusiastic dedication & high cohesion with over 95% of stable employees long-term companion.

Following in the footsteps of glorious history, MICCO nurtures in itself the ambition to continue transforming on the journey of the century: to become a key partner in Vietnam & affirms a pioneering brand in the international arena — by challenging the higher standards, reach international quality standards, standardize management capacity, develop a business strategy of ‘concentric diversification’ & invite worthy partners to join the alliance ecosystem – based on the scorporate sustainability philosophy “Combination of Synergy” philosophy.