Viglacera reached Top 100 enterprises in Vietnam achieved the best financial management index in the Vietnamese stock market 2018.

11:54 | 25/12/2018

Directed by Vietnam Chamber of Commerce and Industry (VCCI), the Business Forum Newspaper in collaboration with the Enterprise Research and Development Institue, Vietnam Association of Accountants and Auditors (VAA) has announced the Top 100 enterprises in Vietnam achieved the best financial management index in the Vietnamese stock market 2018.

The program is deployed annually on the basis of survey and assessment of 21 financial criterias related to all aspects of production and business activities of enterprises listed on Vietnam stock market in 32 economic sectors, through the annual prospectus with a comprehensive assessment method, ensuring accurate and objective results.

Having participated in the stock market since July 2014, Viglacera Corporation - JSC has always been one of the enterprises which strictly implemented regulations, management process and periodic financial statements of HNX. The implementation of commitments with investors through the General Meeting of Shareholders as well as the results of business activities, production and financial performance indicators always comply with the principles of publicity, transparency and ensure maximum benefits of investors.

On the basis of detailed analysis and evaluation of financial indicators as well as efficiency in production and business activities over the past time, Viglacera Corporation - JSC has been ranked by the Business Performance Assessment programme in the Top 100 enterprises in Vietnam achieved the best financial management index in the Vietnamese stock market 2018 . This is important for Viglacera to understand its "health" situation, thereby overcome limit and deploy development solutions in the next stage. At the same time, through the results of assessing the capacity of enterprises, partners, credit institutions, investors, especially shareholders will also have a reliable database to make reasonable and effective investment decisions.

 

According to the plan, VGC will switch to operate on HOSE in early 2019 according to Viglacera's commitment to investors. Besides, the plan to divest 53% of the State's capital will also be conducted before the next shareholders' meeting. Viglacera Corporation has been actively taking the initiative in corporate governance from production management to finance and accounting in order to develop the business in a sustainable manner and be ready for the transformation of the operational model after divesting all State capital in 2019. 

This is an annual survey program to assess more than 5,000 businesses listed on 3 Vietnamese stock exchanges: UPCOM, HNX and HOSE. On the basis of a comprehensive assessment of criteria of financial capacity, business performance and the implementation of periodic reporting processes prescribed by the securities exchanges, the organizing committee selects the TOP enterprises with Best financial management capacity to honor and award certificates. The fact that Viglacera stands in the TOP 100 in 5,000 businesses is not only a confirmation of the prestige and position of the Corporation on Vietnam's financial market in the current period, but also a basis for investors to continue trust in VGC in the future.

 
Other news
  • Viglacera proud to become National Brand - Vietnam Value 2018 for the 4th consecutive time

    Lượt xem : 5017
    This is the 4th consecutive time Viglacera has been named with the title "National Brand - Vietnam Value 2018". This achievement continues to affirm the Corporation's position - the leading enterprise in building materials and real estate industry in Vietnam and to continue to promote images and build a pretigous brand reputation in the world.
    Read more
  • Viglacera appears at Japan Build Tokyo 2018

    Lượt xem : 3089
    With the aim of further promoting economic, trade and investment cooperation with Asian countries, Viglacera continues to showcase its products at Japan Build Tokyo from December 12 to December 14, 2018. When it comes to Japan Build, Viglacera brings the latest products to the following standards: energy saving, environmentally friendly and state-of-the-art technology.
    Read more
  • Groundbreaking ceremony of Vimariel Economic Zone in Mariel Special Development Zone (ZEDM) - Cuba: Viglacera implements multinational business development strategy.

    Lượt xem : 5620
    On 28th November 2018, Viglacera Corporation - JSC organized the groundbreaking ceremony of Vimariel Economic Zone in Mariel Special Development Zone (ZEDM), Cuba. This is the first economic zone that Viglacera invested overseas. This event marked the determination to implement the Viglacera's multinational business development strategy to expand the market outside the territory of Vietnam and the creation of facilities for Viglacera's investment in building materials for Cuban and the Caribbean market.
    Read more
  • A breakthrough in building materials industry: Viglacera launches VIGLACERA Shop Online.

    Lượt xem : 5493
    E-Commerce is growing at an unprecedented rate and has become a familiar trading method of the big trading companies all over the globe. In Vietnam, e-commerce is becoming a mainstream channel that changes the customers behavior, requiring businesses and retailers to strive to keep pace with this trend.
    Read more
  • Viglacera introduces industrial parks to international investors

    Lượt xem : 3278
    Recently, the Ministry of Planning and Investment organized a conference to review 30 years of foreign direct investment (FDI) in Vietnam. Attending the conference, Viglacera was one of the most outstanding booths, provided useful information about industrial parks to international investors.
    Read more
  • Korean enterprises continue to invest in Phu Ha Industrial Park - Viglacera

    Lượt xem : 3196
    After thorough investigation, ActRo Vina Co., Ltd has chosen to invest in Phu Ha Industrial Park (IP), Phu Tho to meet the demand of expanding production. Besides the advantages of location, abundant labor force and competitive rent fees, this trust is also derived from the rapid growth of Korean enterprises in Phu Ha IP.
    Read more