In February 2017, Viglacera continued to report a profit of VND77 billion, with cumulative ty so bong da first two months of 144.6 billions VND

Although still in ty so bong da cycle which ty so bong da business situation is facing many difficulties due to ty so bong da impact of ty so bong da Spring Festival and people's pray occasion of ty so bong da Tet Dinh Dau 2017 holidays, but ty so bong da results from business activities in February of Viglacera Corporation - JSC still exceeded ty so bong da plan with a profit of 77 billions VND, reaching 154% of ty so bong da monthly plan. Thus, cumulativethe first two months of 2017, profit of Viglacera reached 144.6 billion, up 62.7 billion over ty so bong da same period and reached 16% of ty so bong da year plan;

Overview of ty so bong da meeting in March 2017

Glass Department continued to be ty so bong da flagship achieved profit of 38.3 billions VND, exceeding 113% of ty so bong da monthly plan, Tile - Sanitary ware Department achieved profit of 6 billions VND - more than two times compare with plan, Clay brick and Tile Deparment achieved 12.5 billions VND, exceeding 116% of monthly plan. Real Estate Division gained 20,1 billions VND, compassing 108% of monthly plan, and 1.4 billions VND of profit from Trading Division, equivalent to 112% of monthly plan.

Deputy General Director, Director of Planning and Investment Department Nguyen Anh Tuan report ty so bong da results in February 2017 and ty so bong da plan for March 2017.

Addressing in ty so bong da meeting, General Director of Viglacera - Mr.Nguyen Anh Tuan highly appreciated ty so bong da efforts of all leaders and staffs of ty so bong da Corporation in February 2017 in particular and ty so bong da first two months of ty so bong da year in general. Key targets in ty so bong da business plan for February have been achieved and exceeded as a result of close and drastic direction from ty so bong da first days of ty so bong da first month of 2017. In March 2017, General Director Nguyen Anh Tuan continues to propose departments and units to carry out focused tasks on science and technology. With continuous testing and evaluation of product quality of ty so bong da laboratory from R&D Institute, ty so bong da quality of Viglacera products has been significantly improved. In ty so bong da coming time, with ty so bong da goal of constantly improving ty so bong da quality of products, ty so bong da Director General recommends science and technology will operate in two directions, first to establish ty so bong da national laboratory standards V-Lab in order to carry out experiment and testing of standard products. Secondly, high-tech production units such as Glass, Porcelain, and Ceramic tiles Department should appoint ty so bong da chief technology officer. In addition, strengthening ty so bong da product quality control (KCS) and ty so bong da research directly assigned to ty so bong da director of ty so bong da unit. Viglacera Development Research Institute in ty so bong da coming time must strengthen its organizational structure, enhance its role in technology work to participate more closely and accompany with production activities of other units in ty so bong da Corporation.

Mr. Nguyen Minh Khoa, Director of Viglacera Float Glass Company, spoke at ty so bong da meeting

In ty so bong da commercial activities, ty so bong da Director General propose ty so bong da commercial group create other more detailed plans, set up a strong communication program for ty so bong da new products. Focus on launching e-commerce website to adapt ty so bong da consumption trend of market. In order to cooperate with commercial units within ty so bong da group, ty so bong da Director General requests all units to strengthen coordination by maintaining weekly group activities to update ty so bong da status, cooperate and mutual support in sales. Proceed to ty so bong da specific planning to establish supermarkets specializing in building materials under ty so bong da brand Viglacera for major and key markets.

With ty so bong da cumulative results of ty so bong da first two months, Viglacera have realized that ty so bong da quality of products and production management have been effectively controlled, contributing to ty so bong da higher profit and revenue ratio compare with ty so bong da same period. In March, Viglacera's mission continues to focus on science and technology, research and especially on commercial and markets. That will be ty so bong da core issues for ty so bong da triumph of 2017.