On December 12, VCCI organized the Eastern Expressway Industrial Park Forum 2024 with the theme “Linking to promote smart manufacturing supply chain”.

The forum was held in Ha Long City, this is a conference aimed at gradually creating links and connecting regions, forming a development cooperation network and forming a smart production chain, promoting growth.

Attending the conference were Mr. Pham Tan Cong, Chairman of the Vietnam Federation of Commerce and Industry (VCCI), and leaders of Quang Ninh, Hung Yen, Hai Duong and Hai Phong city.

In July 2022, the Eastern Expressway Economic Connection Agreement was signed between VCCI and 4 localities including Quang Ninh, Hai Phong, Hai Duong, and Hung Yen. This is an initiative in implementing the Party and State’s policy on regional connectivity, promoting the potential and advantages of each locality.


Mr. Pham Tan Cong at the conference.

Speaking at the opening of the conference, Mr. Pham Tan Cong affirmed that Resolution 30-NQ/TW of the Politburo on socio-economic development and ensuring national defense and security in the Red River Delta region to 2030, with a vision to 2045, emphasized the role of the Red River Delta as a driving force for national economic development, prioritizing industrial modernization, expanding infrastructure and implementing sustainable development policies.


The resolution aims to build advanced industrial clusters, modern logistics networks and sustainable resource management to create a sustainable and globally competitive economy.

The forum is an opportunity for state agencies and businesses to share experiences, discuss solutions to promote smart manufacturing supply chains and build cooperative relationships with international businesses and organizations.

Source: Kinh tế & Đô thị

On December 11, 2024, at Caravelle SaiGon (District 1, Ho Chi Minh City), Viglacera continued to affirm its leading position in the field of Construction Materials and Real Estate when it was honored in 2 categories “Top 50 Most Effective Business Companies in Vietnam 2024” and “Typical Real Estate 2024 – Enterprise – Typical Building and Construction Materials Supply Enterprise”. The award is not only a recognition of Viglacera’s outstanding efforts but also a clear demonstration of the trust of the market and customers in the brand.

 
Mr. Nguyen Quoc Huy – Deputy Director of the Commercial Department was honored to represent Viglacera Corporation – JSC to receive the award “Top 50 Most Effective Companies in Vietnam 2024”

The “Top 50 Most Effective Companies in Vietnam” (TOP50) ranking is a prestigious ranking conducted annually by Nhip Cau Dau Tu Magazine in collaboration with Thien Viet Securities Company, with the consultation of leading economic and business experts from Harvard Business School.

Over the past 13 years (2010-2024), the TOP50 ranking has become a prestigious measure to evaluate the performance of leading enterprises in Vietnam. With strict evaluation criteria based on 3 core growth indicators: revenue, return on equity (ROE) and earnings per share, TOP50 has succeeded in finding “big guys” with huge scale, high capitalization value and strong growth rate, contributing significantly to the development of the economy.


Viglacera Corporation – JSC received the award Typical Real Estate 2024

According to the report from TOP50 this year, Viglacera Corporation has achieved many impressive achievements with an average compound growth rate in the last 3 years (2021-2023) (SR-CAGR) reaching 12.0%, return on equity (ROE) reaching 19.0% and return on stock (Stock Return) reaching 137.0%. These figures show the remarkable growth of the enterprise in recent times, thanks to breakthrough business initiatives and strong investment in product and service quality, Viglacera has continuously created outstanding values, meeting the increasing demands of the market.

As of January 1, 2025, Hue City, with an area of nearly 5,000 square kilometers and a population exceeding 1.2 million, will officially become a centrally-run city. This milestone will bring Vietnam’s total number of centrally governed cities to six.

The resolution designates the entire natural area of 4,947.11 square kilometers and the population of 1,236,393 from Thua Thien Hue Province to the newly established city. Hue City will border Da Nang City, Quang Nam Province, Quang Tri Province, Laos, and the East Sea.


Hue City.

The resolution will take effect on January 1, 2025. At that time, Vietnam’s centrally governed cities will include Hanoi, Da Nang, Hai Phong, Ho Chi Minh City, Can Tho, and Hue.

According to the establishment proposal, Hue City as a centrally administered city will encompass nearly 5,000 km² with approximately 1.2 million inhabitants, comprising 9 administrative districts (2 urban districts, 3 towns, and 4 rural districts), and 133 commune-level administrative units (78 communes, 48 wards, and 7 villages).

Source: VnExpress

Phu Ha Viglacera Industrial Park (IP) stands out as an industrial hub in Phu Tho Province, serving as a prime destination for global manufacturers such as BYD (China), Hanyang Digitech (South Korea), and INOUE (Japan). The IP has successfully attracted over 30 enterprises, with a total investment exceeding $1 billion, highlighting its significant role in fostering economic growth and innovation in the region.

Over 1 billion USD from Foreign Direct Investment (FDI) Enterprises

Recently, Phu Ha Viglacera Industrial Park has welcomed two new investors from the Philippines and Taiwan. Nien Made (Taiwan), a publicly listed company on the Taiwan Stock Exchange, plans to invest 120 million USD in a smart furniture manufacturing facility. Known for its brands NORMAN® and VENETA®, Nien Made distributes products to 2,000 Home Depot stores and 5,000 Walmart’s locations across the USA, Canada, and other markets including the UK, Japan, and Australia. In addition, Liwayway Vietnam Co., Ltd. from the Philippines, which produces food and beverages for the Oishi brand—one of the first multinational brands in Vietnam and a well-known name among consumers, will invest 30 million USD for their factory in Phu Ha IP.

Phu Ha Viglacera IP: A Leader in Attracting Quality Investment Capital

Since its groundbreaking, Phu Ha IP has consistently attracted interest from foreign direct investment (FDI) enterprises. The investors here are representative projects for Phu Tho province, including BYD (China), INOUE Rubber (Japan), Hanyang Digitech, Asentec, and ActRO Vina (South Korea). Many of these are South Korean electronics firms—first-tier suppliers for Samsung—aligning with the local strategy to attract investment and create jobs for over 23,000 workers.

Increasing Future Benefits

Phu Ha Viglacera IP is strategically located near the Noi Bai – Lao Cai Expressway, providing quick access to Noi Bai Airport (45 minutes) and Hanoi (1 hour), as well as proximity to major factories of Samsung and other large electronics and automotive companies in Bac Ninh, Bac Giang, and Thai Nguyen. The transportation benefits of Phu Ha IP are set to improve further with the expected completion of the connection between the Noi Bai – Lao Cai Highway and the Tuyen Quang – Phu Tho Highway by 2025, enhancing regional connectivity. Moreover, the park’s hilly terrain reduces construction costs and ensures a robust local labor supply.

Phu Ha Viglacera IP Offers a Convenient Transportation Network

Just 2 km from the industrial park is a residential area for workers and experts, covering 4.3 hectares. To date, two six-story buildings (268 apartments) and 48 low-rise units have been put into use. This project supports workers in achieving stable living conditions, fostering long-term relationships with enterprises, and contributing to local economic development and social welfare. The industrial park is fully equipped with technical infrastructure and available land, ready to meet investors’ demands.

Image of the Social Housing Project for Workers at Phu Ha IP Developed by Viglacera

Phu Ha Viglacera IP is situated in Phu Tho town and developed by Viglacera Corporation – JSC. Viglacera is a leading industrial park developer in Vietnam, with over 25 years of experience, successfully attracting global technology giants such as Samsung, Amkor, Hyosung, Foxconn, BYD, and Qisda. Throughout its business journey, Viglacera has consistently aimed for sustainable industrial park development, focusing on attracting investments in high-tech and environmentally friendly support industries, thereby creating high-added value. Consequently, from the very beginning, Phu Ha Viglacera IP has been committed to attracting quality investment capital by investing in modern, synchronous technical infrastructure and services that meet the high demands of partners.

For more detailed information, please contact:
Viglacera Real Estate Company
Hotline: (+84) 888 25 22 88 | Website: https://viglaceraip.com

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