Business activities

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.

Although still in the cycle which the business situation is facing many difficulties due to the impact of the Spring Festival and people's pray occasion of the Tet Dinh Dau 2017 holidays, but the results from business activities in February of Viglacera Corporation - JSC still exceeded the plan with a profit of 77 billions VND, reaching 154% of the monthly plan. Thus, cumulativethe first two months of 2017, profit of Viglacera reached 144.6 billion, up 62.7 billion over the same period and reached 16% of the year plan;

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.

On 24th January, 2017, in the exciting atmosphere for greeting Lunar New Year “Dinh Dau” 2017, Viglacera Corporation - JSC (Viglacera) and Vietnam National Construction Consultants Corporation - JSC (VNCC) signed in cooperation agreement with the desire to boost the prestige of both units on the construction and real estate business market. Both sides will focus particularly in the construction of social and worker housing and new product line of Viglacera as energy saving glass, aerocrete brick, smart toilet ....

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.

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.

With impressive business growth, Viglacera has attracted many foreign investors; their stocks were highly sought ever since their first public offering on UPCoM and many investors are waiting to buy stocks of Viglacera. On the morning of 22nd December 2016, Viglacera was officially listed on HNX, becoming the 167th stock listed on HNX in 2016, with capitalized value VND 4,912 billion, 75% higher than when it was first listed on UPCom. The listing of Viglacera Corporation has raised the total capitalized value of HNX to approximately VND 450,000 billion, 2.4 times higher than that at the end of 2015 and the total number of companies transacting on HNX to 777.

On 19 December, 2016, Mr. Shigeki Mori – President and CEO of Nippon Sheet Glass – Japan visited the headquarters of Viglacera and had a meeting with Viglacera’s Board of Management. This is the first time the highest executive position of the NSG Group visited and explored Vietnamese market.

On December 19th, 2016, at the headquarters of Viglacera at No.1 Thang Long avenue, Hanoi, Viglacera Engineering & Construction JSC. (Viglacera) and Sinoma International Engineering Co.Ltd. (Sinoma) signed a cooperation agreement to establish a joint venture specializing in providing engineering services and manufacturing equipment. This joint venture will be located in Tien Hai – Thai Binh Industrial Park with an estimated total investment in equipment fabrication shop in Vietnam is $ 15 million.

On August 12, 2016 Viglacera Corporation had a meeting with Samsung Vietnam to discuss a project of building housing for workers in Yen Phong Industrial Zone, Bac Ninh province.