VIGLACERA's Highlights & Promises Ahead of tì so bong da hom nay New Year

"Viglacera has been very responsible and proactive in responding to tì so bong da hom nay social welfare policies of tì so bong da hom nay Party and tì so bong da hom nay State, initiating tì so bong da hom nay construction of numerous social housing projects and worker housing. Simultaneously overcoming market challenges, relentlessly exploring innovative production of green materials, resource conservation, leaving a remarkable breakthrough that deserves recognition," said Minister of Construction Nguyen Thanh Nghi in at tì so bong da hom nay 2023 business review conference, discussing tì so bong da hom nay direction for implementing tì so bong da hom nay 2024 plans of Viglacera Corporation. This serves as an encouragement to all tì so bong da hom nay leaders, workers, and staff of tì so bong da hom nay Corporation in a year full of difficulties and challenges like 2023.

tì so bong da hom nay conference was attended by Minister of Construction Nguyen Thanh Nghi, Deputy Minister of Construction Nguyen Van Sinh, and representatives of tì so bong da hom nay heads of tì so bong da hom nay functional departments under tì so bong da hom nay Ministry.

Minister of Construction Nguyen Thanh Nghi encouraged and recognized tì so bong da hom nay efforts of tì so bong da hom nay Viglacera Corporation leadership and employees.

A year of great effort for tì so bong da hom nay group of building materials enterprises

tì so bong da hom nay results of tì so bong da hom nay 2023 production and business activities of tì so bong da hom nay Corporation and tì so bong da hom nay reports of tì so bong da hom nay participants at tì so bong da hom nay conference showed that tì so bong da hom nay past 12 months were a time of compounding difficulties for tì so bong da hom nay real estate sector. Thousands of construction projects across tì so bong da hom nay country were stalled, leading to a decrease in tì so bong da hom nay consumption of building materials that had never been seen before. In particular, in tì so bong da hom nay southern market, which is tì so bong da hom nay most vibrant market, tì so bong da hom nay demand for building materials in 2023 decreased by more than 40%, tì so bong da hom nay highest in tì so bong da hom nay country.

tì so bong da hom nay speeches also directly raised tì so bong da hom nay challenge of tì so bong da hom nay "output" equation for an enterprise that owns a series of building materials production plants - with a variety of product categories from glass, sanitary ware, tiles, aerated concrete, and sintered stone ... with a large total production capacity like Viglacera. In this context, Viglacera Corporation and its functional departments have taken tì so bong da hom nay initiative to come up with solutions on both tì so bong da hom nay domestic and export markets, keeping tì so bong da hom nay consumption rate at tì so bong da hom nay highest level possible: Tiles reached a consumption rate of 98%, glass reached 80%; ... Modern sales methods that provide a better user experience have been implemented. A system of showrooms showcasing a variety of products has been and continues to be established. Timely implementation of measures to optimize production organization.

Viglacera strives to bring many practical experiences to consumers through modern sales showrooms

2023 was also a year of great success for Viglacera's aerated autoclaved concrete (AAC/ALC) products in exports. Viglacera signed a strategic contract, becoming tì so bong da hom nay main building materials supplier for many key projects in countries with strong construction growth such as Australia, Singapore, and Taiwan. This product was also awarded tì so bong da hom nay Standard Product Certificate for Green Buildings by tì so bong da hom nay Singapore Green Building Council (SGBC), becoming a material that meets tì so bong da hom nay standards for use in international standard green buildings. In 2024, Viglacera's aerated autoclaved concrete products will continue to penetrate tì so bong da hom nay Japanese and Korean markets.

In terms of exports, it has achieved positive growth. tì so bong da hom nay total export turnover of tì so bong da hom nay Corporation is estimated to reach 46.3 million USD, becoming tì so bong da hom nay largest building materials exporter in Vietnam and growing by 53% over tì so bong da hom nay same period; In which it increased in tile products, glass and porcelain.

Real estate: Finding opportunities inchallenges.

Clearly, opportunities still arise in challenges. With tì so bong da hom nay advantage of a wealth of experience and a reputable brand, tì so bong da hom nay real estate business of tì so bong da hom nay Corporation has identified two main areas of operation as follows:

First,focus on tì so bong da hom nay development of industrial real estate projects linked to tì so bong da hom nay trend of green transformation, increasing utility services, and improving competitiveness; is tì so bong da hom nay main resource to ensure tì so bong da hom nay completion of tì so bong da hom nay 2024 business plan, and at tì so bong da hom nay same time create favorable conditions for tì so bong da hom nay divestment activities of tì so bong da hom nay Corporation as financial investors are very interested in this area of operation.

Second,focus on completing tì so bong da hom nay investment and putting into operation 3.800 social housing and worker housing units, in response to tì so bong da hom nay program of creating 1 million new social housing units launched by tì so bong da hom nay Government and tì so bong da hom nay Ministry of Construction, while creating an advantage in attracting businesses to invest in industrial parks. In 2024, tì so bong da hom nay Corporation will complete tì so bong da hom nay investment of 2.180 social housing and worker housing units.

Viglacera's industrial real estate will be developed according to green criteria and diverse amenities to create a competitive advantage.

"tì so bong da hom nay outstanding highlight," as acknowledged by Ministry ofConstruction "Commander

At tì so bong da hom nay conference on tì so bong da hom nay results of production and business activities in 2023 and tì so bong da hom nay implementation of tì so bong da hom nay production and business plan for 2024, Mr. Nguyen Anh Tuan, Deputy General Director of Viglacera Corporation, reported to tì so bong da hom nay Minister of Construction and tì so bong da hom nay entire conference: "In 2023, with tì so bong da hom nay close guidance of tì so bong da hom nay leadership of tì so bong da hom nay Ministry of Construction, tì so bong da hom nay decisive and flexible management of tì so bong da hom nay Board of Directors, tì so bong da hom nay leadership, and tì so bong da hom nay unity, solidarity, and efforts of tì so bong da hom nay staff, Viglacera Corporation has exceeded tì so bong da hom nay main targets, profits before tax have been assigned by tì so bong da hom nay General Assembly of Shareholders. tì so bong da hom nay parent company always plays a good role in leading and guiding in directing and managing. In 2023, tì so bong da hom nay estimated pre-tax profit of tì so bong da hom nay entire consolidated corporation was VND1,593 billion, achieving 132% of tì so bong da hom nay plan approved by tì so bong da hom nay General Assembly of Shareholders; tì so bong da hom nay estimated pre-tax profit of tì so bong da hom nay parent company was VND1,919 billion, achieving 147% of tì so bong da hom nay plan approved by tì so bong da hom nay General Assembly of Shareholders."

Mr. Nguyen Anh Tuan, Deputy General Director of Viglacera Corporation, presented a report on tì so bong da hom nay summary of work in 2023 and tì so bong da hom nay implementation of tì so bong da hom nay production and business plan for 2024

In 2023, tì so bong da hom nay Viglacera brand was valued at 63.6 million USD by Brand Finance. On tì so bong da hom nay eve of tì so bong da hom nay new year and in celebration of tì so bong da hom nay 50th anniversary of tì so bong da hom nay Viglacera brand, tì so bong da hom nay Corporation is committed to tì so bong da hom nay goal of sustaining Viglacera as a pioneer brand in tì so bong da hom nay production of building materials and real estate in Vietnam. Accordingly, tì so bong da hom nay product strategy is focused on developing an environmentally friendly product ecosystem, focusing on tì so bong da hom nay middle and high-end segments to serve tì so bong da hom nay current real estate projects that tì so bong da hom nay Corporation is investing in, and at tì so bong da hom nay same time meeting tì so bong da hom nay inevitable trend of tì so bong da hom nay market.

It is known that also in 2023, Viglacera has focused resources to effectively implement many activities such as: Launching tì so bong da hom nay largest sintered stone sheet in Vietnam; Launching tì so bong da hom nay first square meters of Ultra Clear Glass in Vietnam; Strongly developing industrial park real estate; Boosting investment in worker housing and social housing; Boosting tì so bong da hom nay development of tourism and resort real estate, opening up a new business direction for tì so bong da hom nay Corporation; Boosting exports to European and American markets with tì so bong da hom nay goal of achieving 68 million USD in total revenue for tì so bong da hom nay Corporation in 2024.

Minister of Construction Nguyen Thanh Nghi acknowledged, highly appreciated, and praised tì so bong da hom nay important results that Viglacera Corporation achieved in 2023. He said: "In 2023, all officials, civil servants, employees, and workers of tì so bong da hom nay Construction industry have worked hard to overcome all difficulties and challenges to overachieve tì so bong da hom nay targets set by tì so bong da hom nay Government and tì so bong da hom nay Prime Minister. tì so bong da hom nay overall results of tì so bong da hom nay Construction industry have benefited from tì so bong da hom nay active participation of enterprises under tì so bong da hom nay Ministry and tì so bong da hom nay industry, in which Viglacera Corporation is a bright spot."

Promises before tì so bong da hom nay new year

At tì so bong da hom nay conference, tì so bong da hom nay leadership of tì so bong da hom nay Corporation and representatives of tì so bong da hom nay member companies made contributions and proposed solutions to improve tì so bong da hom nay efficiency of tì so bong da hom nay Corporation's production and business in 2024.

At tì so bong da hom nay same time, implement tì so bong da hom nay Corporation's investment and development plan, ensuring tì so bong da hom nay goals for 2024 and tì so bong da hom nay long-term, sustainable development orientation of tì so bong da hom nay Corporation with key construction materials and real estate projects.

Mr. Nguyen Van Tuan, Chairman of tì so bong da hom nay Board of Directors of Viglacera Corporation

Mr. Nguyen Anh Tuan, General Director of Viglacera Corporation

Mr. Tran Ngoc Anh, Deputy General Director of Viglacera Corporation

Mr. Quach Huu Thuan, Deputy General Director of Viglacera Corporation

Mr. Nguyen Quy Tuan, Chairman of tì so bong da hom nay Viglacera Corporation Labor Union; Standing member of tì so bong da hom nay Viglacera Corporation Reward and Encouragement Council

Mr. Mai Xuan Duc, General Director of Viglacera Tilescompany

Mr. Nguyen Manh Hieu, General Director of Viglacera Trading company

Mr. Nguyen Ngoc Anh, Vice Chairman of tì so bong da hom nay Board of Directors of Vimariel company - Cuba