Business activities

Following Vietbuid 2017 exhibition in Hanoi and Danang, Viglacera has joined the Vietbuild Exhibition 2017 in Ho Chi Minh city. Viglacera's booth introduces products with the message "Pioneer in green technology – Pride in Vietnamese brand" to customers in the Southern area.

Viglacera Corporation JSC maintains its momentum of growth as it continues to exceed its master plan target in monthly meeting celebrated on May 03rd, 2017. Accordingly, in April, the whole Corporation’s profit was 81 billion dong, reaching 106% of the monthly plan and 4 months-profit was 327.5 billion dong, reaching 36% of the annual plan and 1.57 times as much as the same period of 2016.

On the morning of 25/04/2017, Viglacera Corporation - JSC successfully held the Annual General Meeting of Shareholders (AGM) in 2017 at the National Convention Center - No. 2 Thang Long Avenue, Hanoi. Viglacera's business performance in 2016 has confirmed the performance of state-owned joint stock company by exceeding the targets set by the General Meeting of Shareholders.

With the goal of multinational development and revenue of 1 billion USD by 2020, Viglacera has been continuously promoting international cooperation in many fields. Continuing to define the strategy of investment in Cuba is right and long-term strategy, at the end of March, 2017, Viglacera's delegation led by General Director - Mr. Nguyen Anh Tuan had meeting with some Ministries, Agencies of Cuba.

International Exhibition Vietbuild Hanoi 2017 from March 15 to March 19 at the National Building Exhibition with the participation of more than 1700 booths of 450 units. With modern design and variety of display models, Viglacera's booth has attracted a lot of visitors as well as the press and media communication.

On February 24th, People's Committee of Bac Ninh province gave the Investment Certificate of Expanding Project to Samsung Display Vietnam Co., Ltd.. This second expanding investment project will increase investment capital by 2.5 billion USD, raising the total investment capital by Samsung in Yen Phong Industrial Park to 6.5 billion USD, equivalent 130,000 billion Vietnam Dong. With this investment, Samsung will increase the capacity production of screen products from 180 million to 220 million products / year.

According to the the planning cycle, business pictures in the begining months of the year are always heavy due to the impact of the long Tet holiday including before and after Tet day-offs. However, the business and production result of Viglacera Corporation – JSC seems positive. Particularly, total profit in January 2017 of the corporation reached 67 billion VND, achieved130 percent of monthly plan, increased 1.13 times compared to the same period last year, and reached 7 percent of annual plan.

In order to develop the strength in the areas of incident business activity, on 18/01/2017, Viglacera Corporation JSC and Coteccons Construction JCS (Coteccons) signed in cooperaton agreement at the headquater of Viglacera Corporation JSC, No 1 Thang Long Avenue, Hanoi. The cooperation with particular emphasis on adoption of solutions and innovation in the newest construction works to build social and workers housing with the cheapest prices and best quality.

The year 2016 marked the transition and strong growth of Tiles - Sanitary Ware Committee further Viglacera when successfully completed all targets in production and business activities. To recognize the results achieved, in the morning of 01/14/2016, at Hotel JW. Marriott Hanoi, Tiles - Sanitary Ware Committee of Viglacera held a Closing ceremony for production and business activities in 2016 and appreciates its customer.

In January 10th 2017, Viglacera Float Glass Company held a review conference about business performance evaluation in 2016 and deployment the mission of the 2017 business plan. With the results exceeded the 2016 plan assigned by Viglacera Corporation, Viglacera Float Glass company is one of the subsidiaries achieved the highest profit and to be praised and rewarded. In particular, an average income per capita of workers is at the highest level compared to other units in the Corporation.

In 3rd January 2017 -the first working day of the new year, at the headquarters of Viglacera Corporation-JSC( 1st Thang Long Avenue, Hanoi), Viglacera Corporation-JSC held a new year meeting and reviewed and signed a commitment to implement the production and business plan for the year 2017. Accordingly, the main targets have higher growth than the results of 2016. Therefore, there will be a drastic change in both quality and quantity in 2017.Viglacera will comply with the commitment of General Meeting of Shareholders (GMS) that increases the dividend and ensures the interest of shareholders.