Half a century of perseverance in building a National Brand

On July 29, 2024, at the National Convention Center - Hanoi, Viglacera Corporation - JSC solemnly held the 50th Anniversary Ceremony (July 25, 1974 - July 25, 2024). This is an occasion for reunion and special gratitude of generations of employees, leaders of Viglacera, the people who have persistently worked together to create today's achievements, together building a strong National Brand, constantly reaching out to the international arena.

On this important traditional day, Viglacera is proud that: The past 50 years have contributed many achievements to the development of the Construction industry and the Country. After 50 years of construction and development, starting from a unit producing fired clay bricks, tiles and handmade construction ceramics, generations of leaders, officers, employees and workers of Viglacera Corporation - JSC have made efforts, been creative, overcome many difficulties and challenges in terms of both facilities and market conditions, constantly enhanced management efficiency and applied new scientific and technological advances to build and develop the Corporation continuously and firmly...

Emotionally reviewing the past journey, General Director of Viglacera Corporation - JSC Nguyen Anh Tuan said: 50 years ago, Construction Bricks, Tiles and Ceramics Company was born with the mission of producing basic material products to rebuild and build the country after reunification.

Entering the period of national “Doi Moi”, promoting its pioneering role, Viglacera is determined to invest in modern technology, producing the first construction glass products, sanitary ceramics, tiles, etc. in Vietnam, replacing imported goods.

Viglacera has successively successfully conquered the following products: Autoclaved Aerated Concrete (2010); ALC panels (2018), Low-E energy-saving glass and Solar Control glass (2016), super white glass and sintered stone (2023). In the real estate sector, Viglacera started in 1998, and has only been around for 26 years, but has created very proud achievements. Viglacera owns 15 domestic and foreign industrial parks, with an area of over 4,000 hectares, attracting investment of up to 18 billion USD, of which foreign investors account for 70%. Viglacera is also an investor in 18 commercial and social housing (NƠXH) areas; a 5-star resort certified with EDGE Advanced green certification by the International Finance Corporation (IFC).

During the development journey, after many changes in operating model, in 2014, the Corporation successfully transformed from a State-owned enterprise to a public joint stock company model. Viglacera still adheres to the strategic goals, accelerates investment and development, brings high and sustainable economic efficiency to the Corporation.

10 years after equitization, Viglacera Corporation - JSC has continuously made efforts, effectively implemented many solutions, and actively transformed production investment towards green development. The production and business results have also achieved remarkable results: Pre-tax profit of the parent company increased 10 times; Consolidated pre-tax profit increased approximately 3.5 times; Total consolidated assets increased approximately 2 times; Owner's equity according to the 2023 Consolidated Financial Statement increased more than 3 times. The total corresponding dividend amount of the State capital since the Corporation officially converted into a Joint Stock Company (July 22, 2024) to date is 2,165 billion VND. Viglacera has become a leading manufacturer, brand of construction materials and a prestigious investor in industrial park infrastructure and social housing in Vietnam...

General Director Nguyen Anh Tuan said that Viglacera's strategy in the coming period is to focus on expanding new markets; developing green product lines with advantages in the domestic market as well as promoting the export of high-value product lines to the US and Europe...

Angsana Hotel & Resort Quan Lan is a resort hotel complex invested by Viglacera Van Hai Joint Stock Company. Phase 1 is built on an area of 35 hectares, with a scale of 150 international 5-star standard rooms. The project has a total investment of 1,700 billion VND


Minister of Construction Mr. Nguyen Thanh Nghi

Speaking at the ceremony, Minister of Construction Nguyen Thanh Nghi noted: Up to now, with 40 member enterprises and more than 8,000 employees, the Corporation has risen to become one of the leading enterprises in the country and a key unit of the Construction industry, with a long tradition in production and business in many fields, especially in production, trading of construction materials and investment, trading of industrial park and housing real estate.

Up to now, Viglacera Corporation - JSC has built and put into operation 31 industrial factories with diverse products and modern technology, including sanitary wares, shower faucets, fired clay tiles, to energy-saving float glass products, Autoclaved aerated concrete, large-sized sintered stones...

Overview of Viglacera Social Housing Area

Viglacera has also become one of the leading prestigious real estate developers in the country with 15 industrial parks, an area of over 4,000 hectares, attracting 18 billion USD, of which foreign investment capital accounts for more than 70%; 18 commercial housing and social housing areas with synchronous technical infrastructure and social infrastructure systems, civilized and modern landscapes. Among them, many projects have become typical, a clear demonstration of the humanity, concern and correct policies of the Party and State in ensuring housing for people, especially policy beneficiaries, industrial park workers and low-income people in urban areas.

Viglacera Corporation - JSC has always been a pioneer in the fields of innovation, green and smart development, application of scientific and technological achievements in production - business and corporate governance, promoting initiatives, technical improvements, environmental protection, improving the material and spiritual life of workers, actively participating in social security activities and implementing well the policy of equitization and restructuring of State-owned enterprises. The activities of Viglacera Corporation - JSC have been actively contributing to the successful implementation of the political tasks of the Construction industry and the socio-economic development of the whole country.

Minister Nguyen Thanh Nghi stated that 2024 and the following years are identified as a period with many advantages and challenges intertwined, but the challenges will also be very large for the construction industry in general and the field of construction materials production as well as real estate investment and business in particular, requiring the entire industry to have plans and ways to proactively implement tasks; mobilize and make the most of the creativity and efforts, perseverance of officers, workers, employees and businesses in the entire industry.

The celebration ceremony with the theme: 50 years - Sustainable development. consists of 3 parts: Chronicle of Earth - Fire - Sky; Lighting the pioneering flame; Rising up brilliantly, bringing delegates and distinguished guests to experience the Historical Journey of the Corporation, from the past to the present to encourage Viglacera to continue to add motivation, confidence and companionship towards the future with more success

In the context of the current difficult production and consumption of construction materials, the Minister hopes that Viglacera Corporation - JSC will continue to improve its capacity to analyze and forecast market factors, closely follow the socio-economic development plan of the country, regions and localities to flexibly supplement and adjust medium-term and annual production and business plans in accordance with market developments and the specific conditions of the Corporation...

In addition, prioritize focusing resources on researching and implementing social housing projects in localities with high demand, ensuring quality, synchronous infrastructure, suitable utilities and reducing product costs to practically respond to and effectively implement the Project "Investing in the construction of at least 1 million social housing apartments for low-income people and industrial park workers in the period of 2021 - 2030" approved by the Prime Minister; Towards the development of green, smart real estate, especially industrial parks serving industrial production, high technology...

Continue to pay more attention to improving the physical and spiritual needs of workers to build a united, solidarity, enthusiastic, dedicated, innovative, and creative collective, build Viglacera Corporation - JSC to become stronger and stronger, maintain, promote the brand and reputation of the Corporation

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