Launching the Dong Van IV Industrial Park development in Ha Nam - Viglacera holding 10 industrial parks across the country with a total area of 3,580 ha

On November 11, 2016, Viglacera Corporation JSC held a solemn groundbreaking ceremony of Dong Van IV Industrial Park in Ha Nam Province. Dong Van IV IP is a key project of Viglacera Corporation JSC and Ha Nam Province in the year 2016 - 2017, with the project goal of successfully attracts major investors in the field of electronics and high-tech industry. During the ceremony, three Korean enterprises have been awarded by leaders of Ha Nam Province Investment Certificates and Certificates of Land Use Rights in Dong Van IV to officially operate in early 2017.

Invited guests and representatives of the Board of Directors of Viglacera Corporation JSC undertake protocols of the groundbreaking ceremony of Dong Van IV Industrial Park of Ha Nam Province

The ceremony was attended by Mr. Pham Hong Ha, Member of the Party Central Committee, Minister of Construction, Mr. Nguyen Tran Nam, Former Deputy Minister of Construction, President of the Association of Real Estate. From local side, the ceremony had presence of Mr. Nguyen Dinh Khang, Member of Central Committee Party, Secretary of Provincial Party Committee, Mr. Nguyen Xuan Dong, Deputy Secretary of Provincial Party Committee, Chairman of PPC, the comrades of Provincial Party Standing Committee, leaders of PPC, departments of Ha Nam Province, leaders of Viglacera Corporation JSC, financial institutions, investors, and intentional and national investment promotion organizations.

Member of the Party Central Committee, Secretary of Provincial Party Committee, Mr. Nguyen Dinh Khang and Deputy Secretary of Provincial Party Committee, Chairman of PPC, Mr. Nguyen Xuan Dong announced the Decision to establish Dong Van IV Industrial Park and awarded the Certificate of Merit of Chairman of Ha Nam PPC to Viglacera Corporation JSC for its achievements and contribution to the socio-economic development of Ha Nam Province

Only three months after having been granted an investment certificate (dated August 6, 2016), Viglacera has rapidly completed all procedures, clearance, initial construction of basic infrastructure to officially put Dong Van IV Industrial Park - Viglacera into operation.

Dong Van IV IP – Viglacera has two phases with a total area of 600 ha. At the beginning, Viglacera implements Phase I, equivalent of 300 ha, located in Kim Bang District, Ha Nam Province.

In recent years, Ha Nam Province is a bright spot in attracting foreign investment for the whole country, with many preferential and supporting policies for enterprises. Along with promoting investment in upgrading infrastructure to meet the needs of investors, Ha Nam Province has offered the red carpet to investors with 10 commitments, consisting of: ensuring electricity power 24/24 hrs, clean water supply system and wastewater treatment, granting land for workers housing, facilitating customs procedures, faster administrative procedures to help minimize the time of investment, and ensuring security. These committments have made a strong impression, increasing trust for foreign investors.

Layout of Dong Van IV IP, Ha Nam Province

Dong Van IV Industrial Park - Viglacera has a geographical advantage, located on Highway 38, easily connecting to Highway 1 heading to Hanoi and Hanoi – Hai Phong Highway heading to Hai Phong Harbor. Travel time from the industrial park is just 40 minutes to Hanoi, 1h15' to Noi Bai International Airport, 1h30' to Hai Phong Port, very convenient for businesses importing and exporting goods by air and sea, appealed to high quality human resources from the Capital. Besides, the industrial park has another advantage of abundant labor resources with almost 500 thousand workers in the province and more than 4 million workers from the neighboring provinces. To attract workers, Viglacera will build housing for workers and experts, close to the industrial park to ensure stable housing needs for staff, professionals, and workers in the industrial park.

Deputy Secretary of Provincial Party Committee, Chairman of PPC, Mr. Nguyen Xuan Dong making his speech at the ceremony

Assessment of the potential of Dong Van IV, Deputy Secretary of Provincial Party Committee, Chairman of PPC of Ha Nam, Mr. Nguyen Xuan said: This is one of the projects which have an important role and significance, as a driving force with a spillover effect in both the short and long term in the process of industrialization and modernization of Ha Nam Province in particular and the country in general.

Followed by the development orientation of industrial park development of Ha Nam Province and the direction of Prime Minister Nguyen Xuan Phuc at the Ha Nam Province Investment Promotion Conference in August 2016, Dong Van IV IP Viglacera will prioritize attractions of selected business areas that ensure sustainable development, economic development in parallel to environment preservation.

Deputy Secretary of Provincial Party Committee, Chairman of PPC of Ha Nam, Mr. Nguyen Xuan awarded investment certificates and land use rights certificates for the first three enterprises in Dong Van IV IP

During the ceremony, Chairman of PPC of Ha Nam awarded the certificates of investment and land use rights for the first three enterprises in Dong Van IV IP. They are JT Sensor Vina Co., Ltd., Park Electronic Vina Co., Ltd., Sunjin F&F Co., Ltd. All the three are from South Korea, and two of them specialize in electronic components used in automobiles, refrigerators, washing machines, microwaves, who are reliable partners of many big brands like Samsung, LG, Rinnai, Hyundai, Kia, GE, Ford, Toshiba. So far, Viglacera has completed land clearance and infrastructure and starts to hand over land to these enterprises for plant construction. Plants are expected to be ready to go into operation in early 2017.

Mr. Park Ji Hong, President of James Tech Co., Ltd. from Korea shared his thought of why they chose Dong Van IV as its production and business base

Representing the first group of enterprises in Dong Van IV, Mr. Park Ji Hong, President of James Tech Co., Ltd. Korea said: "We found that Dong Van IV has many advantages for investing our projects, the IP has its geographical position very convenient for the business and production activities, and with an abundance of skilled labor force, ready for recruitment. In addition, the authority of Ha Nam has provided us a great support during investment inquiries, and has made commitment and timely support for our investment process. More importantly, Viglacera is an experienced and reputable infrastructure developer. This is one of the criteria that we must consider when doing research. Viglacera has supported us to do all the procedures for issuance of investment certificate, business registration, and especially rapid procedures for applying for our red book in just one week".

Member of the Party Central Committee, Minister of Construction, Mr. Pham Hong Ha made his guidance speech and announced the commencement of Dong Van IV IP building.

Speaking at the ceremony, Member of the Party Central Committee , Minister of Construction, Mr. Pham Hong Ha requested Viglacera to strengthen the direction and focus of manpower, resources and finance to promote progress of the industrial park infrastructure construction, ensuring the building of integrated and modern infrastructure system at the same time protecting the environment; actively coordinate with the provincial authorities to take immediate investment promotion work, well prepared to welcome investors to invest in the industrial park.

By its capacity, experience and financial soundness, Viglacera will be quickly completing Dong Van IV IP as scheduled with Ha Nam Province, while ensuring the best infrastructure for enterprises investing in the industrial park, contributing to the prestige of Viglacera in the real estate sector. The groundbreaking ceremony took place successfully, marking the strength of Viglacera after equitisation with a total of 10 industrial parks, maintaining its leading position in the industrial zone development in the North.