Viglacera Corporation-JSC first reached ty so bong da truc tuyen combined profit before tax of just over 1,000 billion VND in 2017.

On ty so bong da truc tuyen morning of Jan 9th, 2018, Viglacera Corporation-JSC held a conference to evaluate ty so bong da truc tuyen results of production andbusiness activities in 2017 and to deploy business and investment plans in 2018. In 2017, Viglacera made significant changes in ty so bong da truc tuyen comprehensive restructure of ty so bong da truc tuyen Corporation, meet ty so bong da truc tuyen set targets and continuously positioned themselves as one of ty so bong da truc tuyen leading construction companies.

Attending ty so bong da truc tuyen conference, ty so bong da truc tuyen Corporation welcomes Deputy Minister Bui Pham Khanh and leaders of functional departments under ty so bong da truc tuyen Ministry of Construction.FromViglacera Corporation-JSC, ty so bong da truc tuyen Conference is attended by members in Corporation Development Council, Chairman of BOD Luyen Cong Minh, General Director Nguyen Anh Tuan, together with members of BOD, Deputy General Directors, Head of Division/ Depratments and key leaders in subsidiaries; there are also representatives of shareholders and investment funds.

Mr. Nguyen Anh Tuan – Deputy Genral Director of ty so bong da truc tuyen Corporation reports on business results in 2017 and plans for production and business in 2018.

Viglacera achieved excellent business results with ty so bong da truc tuyen active contributions of ty so bong da truc tuyen subsidiaries. At ty so bong da truc tuyen conference, ty so bong da truc tuyen Corporation praised ty so bong da truc tuyen high profit companies which contributing significantly to ty so bong da truc tuyen final result of ty so bong da truc tuyen Corporation: Viglacera Float Glass Company, Viglacera Ha Long JSC, Viglacera Infrastructure Development and Investment Company and Viglacera Real Estate Trading Company.

2017 is ty so bong da truc tuyen year for Viglacera Corporation-JSC restructuring project: in July, succeed in issuing 120 mililion stock (VGC) to investors, increase charter capital to 4.270 billion VND; In December, ty so bong da truc tuyen capital increase under ty so bong da truc tuyen ESOP program is completed, increased charter capital to 4.483 billion VND and reduced ty so bong da truc tuyen state ownership rate to 53.97%; also prepare for deploying withdrawal of state capital period 2018-2019 according to Decision No. 1232/QĐ-TTg dated 17/8/2017 of ty so bong da truc tuyen Prime Minister. ty so bong da truc tuyen Corporation also direct ty so bong da truc tuyen subsidiaries to implement ty so bong da truc tuyen increasing and withdraw capital process according to ty so bong da truc tuyen guidance of ty so bong da truc tuyen Ministry of Construction.

ty so bong da truc tuyen invested project in reported plan to shareholders at Annual meeting 2017 has been deployed in right schedule: ty so bong da truc tuyen 600 tons/day super-white float glass project in Vung Tau was ground broken on July 25, 2017, package EP and other package are deploying currently according to project process. Viglacera My Xuan Sanitary wares project is rushing to complete ty so bong da truc tuyen work items to install machines and equipment according to project process. This sanitary wares factory project has ty so bong da truc tuyen advanced production technology, high quality products, meet ty so bong da truc tuyen market demand for high-quality sanitary ware in both domestic and foreign. ty so bong da truc tuyen science and technology project – AAC production line (AAC brick and panel) with ty so bong da truc tuyen capacity of 200,000 m3/year is under contract with HESS (German contractor). ty so bong da truc tuyen contractor will advise on ty so bong da truc tuyen use of ash, slag to reduce costs, improve environmental protection.

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For ty so bong da truc tuyen real estate sector, ty so bong da truc tuyen Corporation has just begin construction two new housing projects for workers in Yen Phong Industrial Zone and one in Dong Van IV Industrial Zone (Ha Nam); continued to clear ty so bong da truc tuyen ground, invested in ty so bong da truc tuyen construction and completion of technical infrastructure and service systems in Yen Phong IZ, Dong Van IV, Phu Ha, Hai Yen and Dong Mai. ty so bong da truc tuyen Corporation concentrated on completing ty so bong da truc tuyen preparation of investment projects on workers' houses, social houses and commercial houses ... as well as completing and handing projects at crossroad 6 – Bac Ninh, 671 Hoang Hoa Tham, Dang Xa and Yen Phong urban areas.

ty so bong da truc tuyen biggest record in ty so bong da truc tuyen overseas investment is ty so bong da truc tuyen approval of Prodimat (Cuba) and Viglacera by ty so bong da truc tuyen Government of Cuba in December 2017 to establish SANVIG joint-venture to reform two existing sanitary wares and tiles factory in Cuba. Currently, ty so bong da truc tuyen Corporation is asking for Vietnamese Government permission for ty so bong da truc tuyen production in ty so bong da truc tuyen first quarter of 2018. Besides, Viglacera continues to prepare for ty so bong da truc tuyen industrial zone infrastructure at Mariel Economic Zone and establish a joint venture investment in ty so bong da truc tuyen hotel sector of ty so bong da truc tuyen Grand Caribe Group in Cuba.

Deputy Minister – Mr. Bui Pham Khanh delivered a speech at ty so bong da truc tuyen Conference

At ty so bong da truc tuyen conference, Deputy Minister of Ministry of Construction – Mr. Bui Pham Khanh highly appreciated ty so bong da truc tuyen results achieved in production and business activities of Viglacera Corporation-JSC in 2017. With ty so bong da truc tuyen achievements in investment in Cuba, consumption of energy-saving glass, deployment of super-white float glass projects, effective investment in social housing projects will be ty so bong da truc tuyen premise helping Viglacera prepare to enter ty so bong da truc tuyen new "battle front". ty so bong da truc tuyen Deputy Minister emphasized 2018 will be year of Viglacera Corporation-JSC, reduce state ownership to 36% in 2018 and ty so bong da truc tuyen period according to Decision No. 1232/QĐ-TTg dated 17/8/2017 of ty so bong da truc tuyen Prime Minister will open a new future for Viglacera.

After listening to ty so bong da truc tuyen results of production and investment activities in 2017, and ty so bong da truc tuyen deployment of business plan and investment in 2018, representatives of ty so bong da truc tuyen Board, Production, Trade and Real Estate of ty so bong da truc tuyen Corporation are all agree and commit to complete ty so bong da truc tuyen business plan targets in 2018 that ty so bong da truc tuyen Corporation delivered.

Representing shareholders from Dragon Capital Fund and Saigon Hanoi Securities Company - SHS has acknowledged and congratulated ty so bong da truc tuyen Corporation's business performance in 2017. ty so bong da truc tuyen shareholders also requested to make one of ty so bong da truc tuyen Big4 as ty so bong da truc tuyen auditor and soon exchange VGC shares into listing in HOSE. ty so bong da truc tuyen shareholders suggestion are also included in Viglacera’s performance targets for 2018.

2018 is ty so bong da truc tuyen important year for Viglacera Corporation when State ownership decrease to 36%, which mean it can basically change in owners’ equity. Viglacera’s target is to achieve 6% profit before tax higher than 2017, consolidated revenue is 9.000 billion VND, higher than 2017 6%, invest in developing ty so bong da truc tuyen parent company is 2.000 billion VND, increase 30% compared with 2017, estimated dividend in 2018 is 9.5% per year (charter capital: 4.483 billion VND).

Chairman of BOD – Mr. Luyen Cong Minh speaks at ty so bong da truc tuyen Conference

Speaking at ty so bong da truc tuyen conference, Chairman of ty so bong da truc tuyen BOD - Mr. Luyen Cong Minh emphasized: Viglacera commits to follow ty so bong da truc tuyen direction of Ministry of Construction, successfully implement withdrawal of state capital and implement investment projects on schedule. Viglacera Corporation-JSC will focus on deploying and exploiting high efficiency projects. Besides, ty so bong da truc tuyen management will focus on management, organize meetings to publish information to shareholders, and build ty so bong da truc tuyen route to move to HOSE at ty so bong da truc tuyen end of 2018.

ty so bong da truc tuyen Corporation will manage as public company through management regulation and approach enterprises that have high technology and well management in both foreign and domestic, meet market demand and make full use of international integration opportunities.

In 2017, Viglacera Corporation-JSC has completed ty so bong da truc tuyen key targets in ty so bong da truc tuyen plan assigned by Ministry of Construction and General assembly of shareholders. ty so bong da truc tuyen positive results in 2017 will be ty so bong da truc tuyen foundation for Viglacera to continue implement ty so bong da truc tuyen business plan in 2018 and ty so bong da truc tuyen 5-year period of 2016-2020. In 2018, ty so bong da truc tuyen Corporation will have a fundamental change in ownership capital , besides favorable factors such as ty so bong da truc tuyen economy continues to recover, business environment create trust for ty so bong da truc tuyen business community, ty so bong da truc tuyen macro economics are stable, inflation is controlled ... These are ty so bong da truc tuyen factors and conditions that actively promote ty so bong da truc tuyen development of Viglacera Corporation-JSC to new heights.

Other images at ty so bong da truc tuyen Conference:

Director of Viglacera Float Glass Company - Mr. Nguyen Minh Khoa discusses solutions to improve business performance in Construction glass

Deputy General Director of ty so bong da truc tuyen Corporation, Director of Tiles-Sanitary Wares Department - Mr. Nguyen Minh Tuan discusses about ty so bong da truc tuyen direction of production and business in ty so bong da truc tuyen filed of tiles in 2018

Director of Viglacera Ha Long JSC - Mr. Tran Hong Quang disscusses ty so bong da truc tuyen efficiency of investment in product restructuring in ty so bong da truc tuyen field of terracotta

Director of Corporation’s Real Estate Board- Mr. Nguyen ty so bong da truc tuyen Chinh disscusses about Development Investment Plan of Real Estate Board in 2018

Director of Viglacera Trading JSC – Mr. Nguyen Van Ly talks about trade and market development in 2018

Director of Viglacera R&D Institute – Mr. Ngo Trung Dung talks about ty so bong da truc tuyen overseas investment plan in Cuba in 2018

Chairman of Corporation Trade Union – Mr. Nguyen Quy Tuan disscusses about ty so bong da truc tuyen direction of ty so bong da truc tuyen Corporation’s union activities in 2018