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Viglacera - 50 years of sustainable development

Việt NamViệt Nam30/07/2024

On July 29, at the National Convention Center, Hanoi , Viglacera Corporation - Joint Stock Company (Viglacera) solemnly held the 50th Anniversary Celebration (July 25, 1974 - July 25, 2024). This is a special reunion occasion for generations of Viglacera employees, leaders, who have worked together to create today's achievements, together writing a strong National Brand, constantly reaching out to the international arena.
On this occasion, Viglacera Corporation - JSC was honored to receive the Emulation Flag awarded by the Ministry of Construction .

Minister of Construction Nguyen Thanh Nghi delivered a congratulatory speech at the 50th Anniversary of Viglacera Corporation - JSC.

In the warm atmosphere of the ceremony, General Director of Viglacera Corporation - JSC Nguyen Anh Tuan said: 50 years ago, the Construction Ceramic Tile Company was established with the mission of producing basic material products to rebuild and build the country after reunification. Entering the period of national "renovation", promoting its pioneering role, Viglacera is determined to invest in modern technology, producing the first construction glass, 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 areas; 1 5-star resort certified EDGE Advanced by the International Finance Corporation (IFC). In its development journey, through many changes in its operating model, in 2014, the Corporation successfully transformed from a state-owned enterprise to a public joint stock company, Viglacera still adheres to its strategic goals, accelerates investment and development, and brings high and sustainable economic efficiency to the Corporation. Up to now, 10 years after equitization, Viglacera Corporation - JSC has continuously made efforts, effectively implemented many solutions, and actively transformed production investment towards green development. 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 State capital since the Corporation officially converted into a Joint Stock Company (July 22, 2024) to date is 2,165 billion VND.

Chairman of the Board of Directors Nguyen Van Tuan spoke at the 50th Anniversary of the Establishment of Viglacera Corporation - JSC.

Realizing the mission of serving the country's development, through many generations of continuous efforts, Viglacera has now 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... Developing an environmentally friendly green product ecosystem will always be a priority, because this is an advantage and also Viglacera's passion towards the community and the common Netzero goal worldwide... Speaking at the 50th Anniversary of the Establishment of Viglacera Corporation - JSC, Minister of Construction Nguyen Thanh Nghi said: After 50 years of construction and development, starting from a unit producing fired clay bricks, tiles and handmade 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 improving management efficiency and applying new scientific and technological advances to continuously and firmly build and develop the Corporation.

General Director Nguyen Anh Tuan spoke at the 50th Anniversary of Viglacera Corporation - JSC.

Up to now, with 40 member enterprises and more than 8,000 employees, the Corporation has 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 ceramics, shower faucets, fired clay tiles, to energy-saving float glass products, autoclaved concrete bricks, large-block sintered stones... 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, social infrastructure, civilized and modern landscape. Among them, many projects have become typical, clearly demonstrating 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.

Minister of Construction Nguyen Thanh Nghi awarded the Emulation Flag to Viglacera Corporation - JSC.

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 Nghia 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 cadres, workers, employees and businesses in the entire industry. In the context of current difficulties in 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 plans 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 specific conditions of the Corporation... In addition, priority will be given to 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; Aiming to develop green and smart real estate, especially industrial parks serving industrial and high-tech production... At the same time, promoting innovation, improving management and corporate governance efficiency to meet the country's requirements in the new period; actively applying scientific and technological advances, constantly striving to master new, advanced technologies that are consistent with the development strategy in production and business and environmental protection.

Overview of the Ceremony.

Continue to pay more attention to improving the material and spiritual life of workers to build a united, united, enthusiastic, dedicated, innovative, and creative collective, build Viglacera Corporation - JSC increasingly stronger, maintain and promote the brand and reputation of the Corporation... With a long tradition and good results over the past 50 years, Minister Nguyen Thanh Nghi believes in the new comprehensive, breakthrough and more sustainable developments of the Corporation in the coming time, continuing to maintain its position as a key enterprise of the Construction industry and the whole country. Speaking at the ceremony, Chairman of the Board of Directors Nguyen Van Tuan affirmed: Viglacera's achievements are a story of solidarity, the tireless efforts of generations of leaders and employees, each individual, with different contributions, all contribute to creating the picture of Viglacera today. On the future journey, Viglacera will continue to develop in a sustainable direction, innovate equipment and technology, promote domestic and international investment activities, attract and retain talents... The journey ahead will certainly be full of hardships and challenges. Viglacera always hopes to continue to receive close attention and direction from the leaders of the Ministry of Construction, leaders of ministries, departments, branches and localities; the trust and cooperation of partners, customers, shareholders and investors... The 50th anniversary of the establishment of Viglacera Corporation - JSC is not only an opportunity to look back on the glorious past, but also for us to look forward to the future with new goals and aspirations. With clear strategic directions and the high determination of the Board of Directors and all staff, Viglacera will continue to develop more strongly, achieve more success in the future, contributing to the overall development of the industry and the country...

Source: Construction Newspaper

Source: https://gelex.vn/tin-tuc/viglacera-50-nam-phat-trien-ben-vung.html

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