The mark of 2023: Belief in the path we have chosen

In a year full of challenges, Viglacera has seized every opportunity and used all its resources to overcome challenges. Viglacera's achievements in 2023 prove that “Difficulties are not all gray”! But how much toil is there behind the glory? Every Viglacera employee understands and accepts this. 2023 went through to truly appreciate the saying “Fire tests gold, hardship tests strength”

The moment of 2024 has arrived! This is also the year that Viglacera enters its 50th year of the journey of perseveringly mastering “Technology for Life”. Let's take a look at the highlights of 2023 with Viglacera, to see that there are still many more optimistic perspectives, encouraging Vietnamese businesses and encouraging businesses in the “Viglacera ecosystem” to overcome the year of 2024 together with Confidence in the path we have chosen!

1. Achieving early profit targets:

In 2023, Viglacera exceeded expectations by achieving its consolidated profit target early in the third quarter. Overall operational results for the whole of 2023 exceeded the key targets set by the Annual General Meeting of Shareholders. The Corporation's consolidated pre-tax profit is estimated to reach 1,593 billion dong, exceeding the annual target by 132%, while the parent company's pre-tax profit is estimated to reach 1,919 billion dong, up 12% from the 2023 target. Viglacera consolidated pre-tax profit not only exceeded the target but also demonstrated excellent management skills and a sophisticated financial strategy.

  Growth chart of consolidated profits for the entire Viglacera. Consolidated profits of the parent company

2. Continuously achieving prestigious brand awards:

Viglacera has been continuously awarded prestigious brand awards, including National Brand, National Quality, VNR500, Top 100 Most Valuable Brands in Vietnam, Top 10 Leading Brands in Vietnam, Top 25 Leading Brands in Vietnam in the consumer and industrial sectors, Outstanding Industrial Real Estate Developer of the Year 2023, Top 50 Most Efficient Businesses in Vietnam, Top 100 Best Places to Work in Vietnam, Top 500 Leading Employers in Vietnam…

Some of the prestigious awards Viglacera was honored to receive in 2023

3. Export: Breakthrough and Optimism:

Export growth was positive in 2023, with total export turnover of the Corporation estimated at 46.3 million USD, an increase of 53% year-on-year. This increase was driven by the growth of ceramic tiles, glass, and porcelain products. Viglacera's products always meet international standards for quality and certification. The export challenge is to provide services that are more perfect and convenient for partners and customers in order to meet the goal of continued and outstanding export growth in 2024.

The Vasta Stone booth at the Cersaie exhibition in Italy

2023 was also the year that Viglacera's autoclaved aerated concrete (AAC/ALC) products were first exported to Australia with great success. Viglacera signed a strategic partnership agreement to become the main building materials supplier for several key projects in major cities. The Australian market is a potential market with high competition and demanding requirements. However, Viglacera's AAC/ALC products have received the Standard Product Certification for Green Buildings from the Singapore Green Building Council (SGBC), making them eligible for use in international standard environmentally friendly buildings.

4. Launch of the largest sintered stone in Vietnam:

Highlighting the new product ecosystem of Viglacera, the largest sintered stone in Vietnam has officially launched. Fused stone is a green, environmentally friendly material, and has received the Vietnam's Largest Record Certificate, with a size of 1,620 mm x 3,310 mm.

Viglacera launched the largest sintered stone in Vietnam at the opening ceremony of the fused stone production line and the 65th anniversary of the Construction Industry on September 11, 2023. This event marks a new step forward in the mastery of modern technology by Vietnamese enterprises, affirming the production capacity and quality of Viglacera's products, which stand shoulder to shoulder with countries with advanced construction materials production in the world, thereby leading the Vietnamese construction materials industry to catch up with international consumption trends.

Viglacera launches the largest sintered stone in Vietnam

5. Launch of the first square meters of Ultra Clear Glass in Vietnam:

In November 2023, Viglacera made a mark with the successful production of the first square meter of Ultra Clear Glass in Vietnam. This breakthrough not only reduces dependence on imported glass but also brings new added value to glass products, promotes the export of construction materials and prepares for the boom of the renewable energy industry, towards the Netzero target in 2050.

The success of Viglacera Ultra Clear Glass production also creates a foundation for promoting the export of products with reasonable quality and price, thanks to the strength of preferential tariff policies through free trade agreements in the region that have been signed, especially between Southeast Asian countries.

The first square meters of Viglacera Ultra Clear Glass

In the future, Viglacera will continue to invest in expanding a variety of high-end glass products, bringing more advanced and high-quality glass solutions to customers in Vietnam and abroad

6. Strong development of industrial park real estate:

With the inauguration of the Amkor factory, the largest in the world, at the Yên Phong II-C Industrial Park, along with a series of other high-tech factories operating in Viglacera's industrial parks, it shows the bright spot in the company's new policy on industrial park development. This opens up opportunities to attract FDI focused on the segment of factories investing in high-tech, clean energy, etc.

Despite a difficult year, Viglacera's industrial parks continued to operate effectively in 2023, with the fastest occupancy rate in the region. They are a trusted investment destination for over 300 domestic and foreign businesses, attracting over $16 billion in FDI. Viglacera has become a comprehensive industrial park developer, as in addition to the industrial parks, the company also invests in a green living ecosystem for industrial park workers and foreign experts.

Viglacera puts customer care first, from supporting legal procedures for investing in the industrial park to all services that are "transparent", helping investors to implement production and business in the industrial park quickly, stably, and conveniently...

The world's largest Amkor factory is located in Viglacera's Yen Phong II-C Industrial Park

7. Promoting investment in worker housing and social housing:

In parallel with attracting investment in the industrial park sector, Viglacera pays special attention to the development of worker housing through the creation of a series of projects with the best living space for workers, thereby improving the quality of life and increasing the attractiveness of the industrial parks. In 2023, Viglacera provided an additional 4 projects, 2,376 apartments, providing accommodation for 20,000 workers and families of workers.

By proactively leading in the construction of worker housing in industrial parks, Viglacera contributes to implementing the policies of the Government and the Ministry of Construction on the development of housing for policy subjects that need special attention, thereby demonstrating Viglacera's responsibility to the community.

The continuous investment in worker housing projects at the Đông Mai and Hải Yên industrial parks in 2023 shows Viglacera's dedication, dedication, and sharing with localities in the work of caring for housing and living conditions for workers.

V8 worker housing area in Yen Phong Industrial Park

In 2023, Viglacera opened the V8 apartment building in the Yên Phong Industrial Park - Bắc Ninh, providing accommodation for 5,000 workers and experts. A One-Stop Support Center was established, becoming a central point of support for this special customer group.

8. Tourism and resort real estate: Opening up a new business direction

The Angsana Quan Lạn Hạ Long Bay (Vân Hải Eco-tourism High-class Resort) project marks a strong step forward for Viglacera in the real estate tourism sector. With a total investment of VND1,700 billion, it is built on an area of 35 hectares with a scale of 150 hotel rooms, 37 villas, and a complete system of utilities and services, located in the most beautiful beach area of Quan Lạn commune (Vân Đồn district - Quảng Ninh province) - where the tourism potential has a lot of room for development. This shows a bold and decisive new direction is being opened up.

When the project is operational, it will create a landmark architectural work on the East Sea of the Fatherland, contribute to the development of ecological tourism and maritime security. Hundreds of local workers will have jobs, will be trained professionally and professionally in the "green industry", creating a long-term, sustainable, and stable source of income.

Angsana Quan Lan hotels and resort by Viglacera

The project is a particularly important investment highlight in Viglacera's development strategy, but it is also located in the core tourism development area that the Quảng Ninh province is focusing on implementing. Viglacera sets a new business mark but immediately harmonizes with the local high-quality tourism development strategy, on the one hand helping the enterprise to manage, exploit and use the golden land in a reasonable way.