
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
At the recent 13th meeting of the State Steering Committee for important national and key projects of the Transport sector, the Ministry of Transport reported on the implementation of expressway projects scheduled to be completed in 2025. Accordingly, the total length of the projects is about 1,172 km (including 1,104 km planned to be completed in 2025 and 68 km to be completed in 2026, the progress can be shortened to be completed in 2025).
2 key railway projects in 2025
The North-South high-speed railway must be a “symbolic project in the country’s rising era”
In the Pre-Feasibility Report, the North-South high-speed railway has a designed speed of 350km/h for passenger trains and 160km/h for freight trains. The entire North-South high-speed railway has 23 passenger stations and 5 freight stations. Prime Minister Pham Minh Chinh stated that the investment policy for the North-South high-speed railway is a strategic choice to develop the country’s infrastructure and the project is a symbol in the country’s rising era.
The Prime Minister: The Lao Cai – Hanoi – Hai Phong – Quang Ninh railway project needs to be started in 2025
At the November conference of work hand-over and the implementation of key tasks for December 2024 of the Ministry of Transport, Mr. Luu Quang Thin, Deputy Director of the Department of Planning and Investment, said that based on the registration needs of investors/project management boards, the Ministry of Transport has developed a public investment plan for 2025 with a capital demand and plan of about VND 89,211 billion. According to the planning documents of the Lao Cai – Hanoi – Hai Phong – Quang Ninh railway route, the total length of the route is 447.66km; the starting point is the connection point with the Chinese railway in Lao Cai province, the endpoint is Cai Lan station in Ha Long city, Quang Ninh province. The route passes through 10 provinces/cities: Lao Cai, Yen Bai, Phu Tho, Vinh Phuc, Hanoi, Bac Ninh, Hung Yen, Hai Duong, Hai Phong and Quang Ninh.