Business activities

On 25/04/2015, Viglacera Corporation - JSC and Vietnam Development Bank - Branch I signed a cooperation agreement on financing/funding investment credit, export credit, loan guarantees in commercial banks in commercial banks.

The Viglacera’s profit gains 15% higher than planned, the cumulative profit of first 4 months reached 27% of yearly plan that increase 2.5 times comparing first 4 months of year 2014; monthly revenues reached 1.188 billion, higher than 1% to the plan, the cumulative revenue of first 4 months reached 31% of yearly plan and raise 59% over the same period in 2014.

Viglacera Corporation’s Annual General Meeting of Shareholders (AGM) took place at National Conference Center – No.1, Thang Long Avenue, Hanoi on April 4, 2015. The result of business and production activities in the first fiscal year of Joint Stock Company from July 22, 2014 to December 31, 2014 exceeded the defined target of Annual General Shareholder Meeting. In order to enforce the sustainable development strategy, Viglacera Corporation strongly invests in high-tech projects, and "green" project -environmentally friendly.

On 07/04/2015, at the end of the trip of Cuban Ministry of Construction Delegation in Vietnam, the delegation had a meeting with Viglacera Corporation – JSC about cooperation progress between the two sides to establish a building material manufacturing company in Cuba. At Viglacera headquarter, the two sides signed a Memorandum of Understanding on the list of work needed to be done in the future with a wish to receive a license to establish a joint venture later in 2015 in Cuba, especially before the Vietnam – Cuba Intergovernmental session, therefore to successfully make products in 2016.

On 13/03/2015, The Management Board of Viglacera Corporation has visited and had a meeting at Fraunhofer Institute ISE based on the Co-operation Agreement “researching and developing the reflective coating for solar control glass, the coating for Low-E glass and the solution for saving energy consumption of the building construction” that had been signed on 06/08/2014.

Morning March, 26, 2015, Deputy Minister of Construction Mr. Bui Pham Khanh has worked with Viglacera Corporation - JSC about content of Annual General Meeting 2015 (AGM) and development plan of Viglacera Corporation - JSC.

To deploy a cooperation with Viglacera Corporation – JSC on trade and investment in building materials in Cuba, from 01/04 – 08/04/2015, the Cuban Ministry of Construction leaders will visit and work at Viglacera Corporation and some of its subsidiaries.

2014 marked a milestone in the development of Viglacera when enterprise officially changed into joint stock company - this is the time for Viglacera confirmed the growing strength of the business, when Viglacera has successfully completed a comprehensive set of key indicators, the fields are profitable, in which the parent company fulfilled the criteria commitment to shareholders at the General Shareholders’ meeting for the first time.

In the morning January 12, 2015 at the weekly meeting, Viglacera officially announced the decision to establish The Glass Department; Tiles – Sanitary ware Department, and re-organize the units in these departments and sign the commitment agreements to deploy the tasks of the departments of Viglacera in 2015.

On October 26, 2014, a delegation from 16 countries around the world came to Hanoi to attend the International Skill Partnership Seminar and visited VIGLACERA Corporation. After visiting Viglacera’s Hall of Fame – which presented the entire process of development and operational sectors of the Corporation, lots of delegates expressed their wishes to see Viglacera products’ presence in their own countries and were looking forward to cooperating and supporting Viglacera in training and education.

On 15/10/2014, within the framework of the Closing ceremony of the 32nd Vietnam – Cuba Intergovernmental Committee meeting, Viglacera and Cuban Building Materials Group signed a memorandum of understanding (MOU) on the joint venture establishment with two factories producing sanitary ware and ceramic. The two factories are both under the Cuban Ministry of Construction, located in San Jose and Santa Cruz.