On April 25, in Hanoi, the awarding ceremony of the National Quality Award 2019-2020 and the Asia-Pacific International Quality Award took place. Viglacera Corporation – JSC is one of four enterprises awarded the Asia – Pacific International Quality Award. The above honorary award is a recognition and affirmation of Viglacera’s reputation and position as a leading enterprise in the field of building materials production and real estate investment business on the path of regional development, towards the world.

Viglacera Corporation – JSC is the only Vietnamese enterprise to win the World Class Award for the large-scale production.

On the basis of the National Gold Quality Award 2019 – 2020, Viglacera is the only building material manufacturing enterprise nominated by Vietnam to attend the Asia – Pacific International Quality Award 2019 – 2020. Through the rigorous evaluation and scoring process of the APQO Organizing Committee and surpassing hundreds of selected enterprises from countries in the Asia-Pacific region, Viglacera was honored in the highest category: World Class Award for large-scale production.

As the only Vietnamese enterprise to have won the World Class award for large-scale production, Viglacera confidently affirms the quality of sanitary ware products, ceramic tiles, and construction glass that are applied “green” technology. The world’s most advanced production technology line is expected to soon become the pride of high-quality Vietnamese products of consumers in the domestic market as well as in fastidious markets such as Japan, the US, and the EU.

To achieve the National Quality Award in 2019 – 2020 and the Asia-Pacific International Quality Award, Viglacera has always strived to successfully complete the targets in 2019 and 2020. For many years, Viglacera has always actively invested in machinery, applied the latest production standards and technologies, built control processes of international standards to monitor product quality, and brought it to market. products of high quality, environmental friendly, meet the needs of domestic and export customers.

In the field of real estate, Viglacera is a leading prestigious investor in the field of industrial park infrastructure and social housing, contributing to the socio-economic development in the localities where the project has been implemented. Viglacera commits to continue to do its best, improve business efficiency, improve production efficiency for future development, create competitive advantages in the market, win the trust of domestic and foreign customers.

Viglacera’s booth at the exhibition attracted the attention of visitors

Not only is a strong brand in the domestic market with a nationwide retail network, Viglacera is also a branded enterprise in many countries around the world. Besides investment, research and application of advanced scientific and technical achievements in production, Viglacera Corporation also expands investment activities and penetrates into ASEAN, Japan, and other markets. The US, EU or invest in industrial parks in Cuba…, are trusted and selected by foreign partners and currently have a large export turnover in the field of construction materials in Vietnam. Currently, Viglacera’s products are being supplied and consumed in more than 40 countries and territories around the world.

Until now, Viglacera brand has been built associated with new products, product quality, environmentally friendly products, bringing maximum convenience to users and especially bearing Vietnamese cultural imprints. The National Quality Award and the Asia-Pacific International Quality Award will be the driving force for Viglacera to continue to create and further develop the Vietnamese brand in the international with the strategy of becoming a multinational corporation in the future.

The National Quality Award has been officially implemented since 1996. Up to now, there have been 2,030 enterprises winning this award. The famous names that won awards in 2019 and 2020 can be mentioned as: TH Dairy Food Joint Stock Company; Tien Phong Plastic Joint Stock Company; Hoa Sen Joint Stock Company; Viet Tri Chemical Joint Stock Company; Nestle Vietnam Co., Ltd; CP Vietnam Livestock Joint Stock Company; Viet Duc Steel Production Joint Stock Company; Luong Quoi Coconut Processing Joint Stock Company; Ca Mau Fertilizer Joint Stock Company; Sao Thai Duong Joint Stock Company; Viglacera Corporation – JSC…

4 enterprises won the Asia-Pacific Quality Award, including: Viglacera Corporation – JSC (Hanoi City); KIZUNA JV Joint Stock Company (Long An Province); Tan A Production and Trading Company Limited (Hanoi City); Center for producing electronic measuring equipment – electricity in Central – branch of Central Power Corporation (Da Nang city).

On 19 April 2021, the Vietnam Government issued Decree 52/2021/ND-CP providing extensions of deadlines for the payment of Value Added Tax (VAT), Corporate Income Tax (CIT), Personal Income Tax (PIT) and Government Land Rent in 2021. This Decree, which took effect on 19 April 2021, is significant as it provides solutions designed to support businesses and individuals impacted by the Covid-19 crisis and offers an extended schedule and timeframe for tax settlements..

A month since Decree No. 52/2021/ND-CP was issued, a total value taxes and land rental fees extended by the tax sector in May is estimated at VND10,500 billion (including VND6,400 billion of VAT and VND4,100 billion of land rental fees).

Decree 52 stipulates taxpayers subject to extension shall submit the application for the extension for all taxes at the time for submitting tax dossiers. The deadline for the submission of the application is not later than July 30.

Source: VCN

The pandemic hit Viet Nam’s economy hard, but the nation has taken decisive steps to limit both the health and economic fallout, according to the International Monetary Fund (IMF)’s latest annual assessment of Viet Nam’s economy.

Swift introduction of containment measures, combined with aggressive contact tracing, targeted testing, and isolation of suspected COVID-19 cases, helped keep recorded infections and death rates notably low on a per capita basis, the IMF highlighted.

Viet Nam entered the pandemic with solid economic fundamentals and policy buffers, although some structural challenges remain to be addressed, the IMF’s annual assessment referred, adding that he country made considerable progress in consolidating public finances prior to COVID-19. The build-up of these fiscal, external, and financial buffers prior to the pandemic made Viet Nam more resilient to the shock.

The IMF suggested macroeconomic policies need to remain supportive in 2021 to ensure a resilient and inclusive recovery and policies should aim at reducing labor informality by improving labor skills and lowering hiring/firing costs for formal workers, and encouraging firm formalization.

A sustained recovery also hinges on safeguarding financial stability, the annual assessment stressed, adding that continued strong supervision, together with timely efforts to address problem loans and strengthen regulatory and supervisory frameworks, will help address financial system risks.

More decisive reforms are needed to make the most of Viet Nam’s considerable growth potential, the IMF recommended.

Meanwhile, priority should be given to improving the business environment and ensuring a level playing field for small and medium-sized enterprises, with reforms geared towards reducing regulatory burden faced by firms, improving their access to resources, enhancing governance and access to technology and innovation, and reducing skills mismatches..

Source: baochinhphu.vn

In February, Viglacera Corporation’s profit reached 227% of the monthly plan and increased 83 billion dong over the same period – figures were recorded at the February 2021 briefing meeting. The parent company still performed well the leading role with the profit of 195% of the plan, the efficiency brought from the Real Estate and VIFG Float Glass group, the other indexes of the whole Corporation basically followed and exceeded the plan. In the first 2 months, the Corporation has achieved and exceeded the plan of Quarter I/2021.

Overview of the meeting

In addition to the data on financial indicators, in the early days of Tan Suu new year, Viglacera continuously received good investment signals when receiving investment licenses for new open industrial park, the interest in creating favorable conditions of local leaders on the investment and development of industrial park to focus on the economic spearhead of the province. Housing for workers projects have also been restarted with a combination of projects under the Vietnam General Confederation of Labor.

General Director Nguyen Anh Tuan directed at the meeting

At the meeting, General Director Nguyen Anh Tuan directed: the positive results of the first 2 months of the year will be the motivation for the whole corporation to strive to fulfill the business and investment plan of 2021 and 5-year plan 2021-2025.