On October 25, 2022, in Hanoi, Viglacera Corporation – JSC was honored in the Ceremony of announcing Top 500 most profitable enterprises in Vietnam (VIETNAM PROFIT 500).

Mr. Nguyen Anh Tuan – Deputy General Director of Viglacera Corporation, on behalf of Viglacera Corporation – JSC, was honored to receive this award

Accordingly, Viglacera ranked 94th in the Top 500 Most Profitable Enterprises in Vietnam in 2022 and 48th in the Top 500 Most Profitable Private Enterprises in Vietnam in 2022.

Viglacera was also in the list of V1000 enterprises paying the largest CIT in 2021 according to Official Letter No. 3786/TCT-KK dated October 13, 2022 of the General Department of Taxation – Ministry of Finance.

The announcement ceremony honored enterprises that not only demonstrate their superiority in financial and communication strength, but also show their growth potential, sustainable development level, governance quality and position in the market, making a significant contribution to the development and prosperity of the country’s economy.

During the 48 years of establishment and development, Viglacera Corporation – JSC is the largest manufacturer of building materials and developer of real estate in Vietnam with more than 40 member units. Viglacera is proud to be a leading service provider of high-quality and sustainable building materials and a leading Industrial Park developer in Vietnam.

The award not only affirms Viglacera’s outstanding position in the Vietnamese enterprise community with its achievements in profit scale, but also recognizes worthy achievements for its efforts to realize “dual goals” of fighting back against the Covid-19 epidemic and developing production in 2021 at the same time.

After 6 years of publication in order to find and honor effective, profitable and sustainable enterprises, the PROFIT500 Ranking has been and is showing an important role in worthily recognizing the contribution of leading enterprises – the mainstay of the country’s development.

In the context that the global economy is facing many risks and unpredictable fluctuations, enterprises face the problem of prices and costs when inflation pressure is increasing, the finding of the most profitable enterprises is more meaningful and expected than ever by the enterprise community, investors and the public.

Since then, the PROFIT500 Ranking has contributed to introducing and elevating Vietnamese enterprise brands to the business community as well as domestic and international investors.

The Ministry of Industry and Trade forecasts that, with the growth rate of the past time, the total import-export turnover of the whole year 2022 will reach over US$ 700 billion.

In the first 8 months of 2022, export turnover of goods reached US$ 252.6 billion, up 18.2% over the same period in 2021, especially many key commodity groups recorded high growth rates. Specifically, according to the Ministry of Industry and Trade, US$ 3.86 billion was a remarkable export surplus figure in August this year, bringing our country’s trade balance in eight months to an export surplus level of US$ 5.49 billion.

In which, a number of industry groups had high growth compared to the previous month. For example, phones and components continued to lead, reaching a value of US$ 6.09 billion with a sharp increase of 39.4%; computers, electronic products and components had an export value in the month increased by 25.4%, textile increased by nearly 10%.

According to the Ministry of Industry and Trade, to achieve this result, in addition to the efforts of the business community, it is also necessary to include the timely direction of the Government to promote exports in the last months of the year, by diversifying markets and products.

“Continuing to pay attention to expanding, looking for new partners so that we can have new free trade agreements or promote trade. Market areas such as South Asia, the Middle East and Latin America have a lot of potential,” said Mr. Tran Thanh Hai, Deputy Director of the Import-Export Department, Ministry of Industry and Trade.

Source: vtv.vn

On the morning of September 7 in Hanoi, Viglacera Corporation – JSC successfully held the Extraordinary General Meeting of Shareholders in 2022.

With a high consensus rate, the Extraordinary General Meeting of Shareholders approved many important contents. Specifically, the General Meeting approved the payment of an advance dividend in cash at the rate of 10% of charter capital in 2022. Before that, the Annual General Meeting of Shareholders in April approved the plan to pay dividends in 2022, which is expected to be 16%.

The General Meeting also approved the election of Ms. Tran Thi Minh Loan – Director of the Finance and Accounting Department, representing the State capital portion of the Ministry of Construction, to hold the position of Member of the Board of Directors for the 2019-2024 term, replacing Mr. Nguyen Anh Tuan – General Director of the Corporation.

The Board of Directors of the Corporation has approved Mr. Nguyen Anh Tuan to continue holding the position of General Director of the Corporation. In addition, at the General Meeting, it was also approved to adjust the remuneration of the Supervisory Board of the Corporation in 2022.

Regarding investment in new projects, Viglacera shareholders approved the policy of surveying investment projects in building construction material factories, and investing in industrial parks and urban areas in the Dominican Republic.

In 2022, Viglacera targets consolidated pre-tax profit and parent company at VND 1,700 billion and VND 1,200 billion, respectively, increasing by 10% and 4% compared to 2021.

According to the latest results announced by Viglacera, in the first 8 months of 2022, the Corporation’s pre-tax profit continued to exceed the whole year plan, with consolidated profit reaching 118%, and the parent company reaching 128%. Viglacera will conduct comprehensive research, survey, and assessment to build the Social Housing Development Investment Project for the period 2022-2030 in accordance with the guidelines of the Party, State, and Government.

Board of Directors of Viglacera Corporation – Joint Stock Company launched after the meeting

By the end of June 2022, the Corporation’s total consolidated assets reached VND 22,485 billion, an increase of nearly VND 500 billion compared to the beginning of the year, of which cash and cash equivalents were VND 2,808 billion. Equity reached 9,116 billion dongs, including the owner’s contributed capital of 4,483.5 billion dongs; short-term and long-term finance lease debt is only VND 3,346 billion, showing the healthy capital structure of the Corporation.

With 48 years of construction and development, Viglacera Corporation is currently the leading brand in the country in the field of building materials and real estate.

The above content was mentioned by the Board of Directors of Viglacera Corporation in the August meeting on the morning of September 5, 2022. This is Viglacera’s realization of the direction of the Government and the Ministry of Construction in promoting the development of social housing for workers and low-income people.

In addition, in the report at the monthly meeting, the production and business activities of Viglacera Corporation still maintained and developed well, and the consolidated profit result of the Corporation in August 2022 reached 119% of the monthly plan; The first 8 months of the year reached 118% of the annual plan and 2.15 times higher than the same period last year; parent company’s profit reached 128% of annual plan

Mr. Nguyen Anh Tuan – Deputy General Director of The Corporation reported on the results of the first 8 months of 2022

Speaking at the meeting, General Director Nguyen Anh Tuan directed the entire Corporation to focus on promoting business activities, raising awareness and brand value of Viglacera, especially in the southern market; For the Real Estate segment, focus on developing social housing projects, speeding up the progress of site clearance and developing new industrial park projects; … Besides, in September, Viglacera Corporation will hold an Extraordinary General Meeting of Shareholders 2022 on the morning of September 7, 2022.

With the results achieved in the first 8 months of the year, the key target is Profit before tax of the whole Corporation, which has exceeded the set target in 2022. Therefore, on the basis of implemented results, the remaining plans for the last 4 months of the year, groups and fields need to focus on reviewing and agreeing on effective solutions to implement the remaining plan well. , strive to fully complete the targets of the plan in 2022 that have been assigned by the General Meeting of Shareholders. The Corporation will develop and organize the implementation of the 2023 plan tasks, ensuring stable and sustainable growth.