On September 26th, 2019, the People’s Committee of Thua Thien – Hue Province handed over an investment registration certificate to Kanglongda International Holdings Limited to launch the first factory in Vietnam.

The ceremony of granting Hue Kanglongda factory investment registration certificate

Mr. Phan Ngoc Tho – Chairman of Thua Thien – Hue Provincial People’s Committee awarded Investment Registration Certificate to Mr. Zhang Jian Fang – Chairman of directors of Kanglongda International Holdings Limited

Kanglongda Company has planned to enter into Vietnam market with the aim at increasing its global supply ability since 2018. After a detailed research and survey, the company decided to invest 200 million USD to build and operate a 35-hectare factory in Phong Dien Industrial Park (Viglacera). The factory will produce: disposable gloves (including protective gloves for electronics and medical gloves) and polyethylene fibers. It is expected to go into operation in the first quarter of 2021.

A representative of Kanglongda Company said that the first factory in Vietnam is of importance to the parent company’s market development and expansion strategy. Therefore, the Board of Directors had considered carefully before selecting Phong Dien Industrial Park (Viglacera) to settle down. They assessed that the park has great advantage of transportation advantage when it is only about 30km away from Hue city towards the north, near National Highway 1A and North-South railway, about 45km from Phu Bai International Airport and about 80km from Chan May Port, as a result it is extremely convenient to transport goods via sea, rail, road and air. At the same time, the abundant local labor force will meet the recruitment needs of the company. In addition, the appropriate preferential policies, the support from local authorities and the province’s developing infrastructure are also important factors in Kanglongda’s decision.

Talking about the investment environment of the province, the management board of Thua Thien Hue Industrial Parks said: “With the promotion of construction investment and preferential policies to create an area of cleared land to attract businesses, we believe that investors can be completely assured when investing in the province; apart from the preferential policies of the Government, Thua Thien Hue province is committed to provide the best conditions for investors when they come to Hue. Accordingly, the investment projects in the industrial parks will have enjoyed very low rates of land lease and reasonable service prices. Projects in the province will be also applied the low land renting price as prescribed. Besides, the province partly supports the site clearance compensation for key projects and the cost of training human resources for enterprises investing in the area. In addition, the province will enhance investment promotion, provide free information and simplify administrative procedures to give the maximum convenience for companies.

That the first enterprise has invested in Phong Dien Industrial Park (Viglacera) is an evidence for the increasing attractiveness of the province and the industrial park, as well for affirming the great prestige of Viglacera.

Image: Kanglongda International Holdings Limited in China

Developed by Viglacera Corporation – JSC, Phong Dien Industrial Park (Viglacera) covers a 284-ha area and posesses a synchronous and modern technical and service infrastructure system including a 110/22KV power source supplied from the national grid and a water plant with capacity of 11,000 m3/day. With the advantage of preferential corporate income tax (applied tax rate of 17% for 10 years) and the location adjacent to a quarry of large-reserve and high-quality quartz sand, Phong Dien Industrial Park (Viglacera) shows its potential to attract more investors in the future. Currently, the Industrial Park has cleared land and got ready to welcome businesses.

Proud to be the Vietnam leading industrial Park developer, Viglacera owns a list of active industrial parks including Tien Son Industrial Park (Bac Ninh), Yen Phong Industrial Park (Bac Ninh), Yen Phong 2C Industrial Park (Bac Ninh), Phu Ha Industrial Park (Phu Tho), Hai Yen Industrial Park (Quang Ninh), Dong Mai Industrial Park (Quang Ninh), Tien Hai Industrial Park (Thai Binh), Dong Van IV Industrial Park (Ha Nam), Phong Dien Industrial Park (Thua Thien Hue), Vimariel Economic Area (Cuba). These industrial parks have attracted more than 300 investors around the world, including many prestigious brands such as Samsung, Orion, Canon, Toyoda Gosei, Yazaki, Ariston, Texhong, etc. In 2020, Viglacera is expected to open other industrial parks in Yen My (Hung Yen) and Thuan Thanh (Bac Ninh).

For more information, please contact the hotline: (+84) 888 25 22 88 | Website: https//viglaceraip.com

On September 24 in Hanoi, Brand Finance officially announced the list of Top 50 Most Valuable Brands in Vietnam 2019. Accordingly, Viglacera ranked top in growth rate and appear in the above list.

The event announcing the Ranking List of Top 50 most valuable brands in Vietnam is annual organized by Vietnam Mibrand Consulting Company in combination with Brand Finace – a Brand Valuation Company, with the aim at honoring the enterprises which in the list, as well as creating opportunities for Vietnamese businesses to better acknowledge and understand the importance of brand development for businesses.

Viglacera Corporation – JSC ranked top in growth rate in 2019 and appeared in the top 50 most valuable brands in Vietnam 2019

According to the ranking list that Brand Finance just published, Viglacera ranked top in growth rate and appeared in the top 50 most valuable brands in Vietnam. In the three years, from 2017 to now, there has been a growth of 6 consecutive levels from the corporation. According to experts, this growth reflects the internal strength of Viglacera’s brand value which is shown not only in financial indicators but also their great progress on customer satisfaction in Viglacera’s products services.

In addition to being in the Top list of the most valuable brands in Vietnam, on August 21, 2019, Viglacera was officially announced to achieve the highest title of “World Class” of the large-scale service production group by the 2019 GPEA Awards Council for their outstanding achievements and innovation in 2018-2019. This is a prestigious, reputable and international award given by the Asia-Pacific Quality Organization to excellent enterprises in the region. GPEA’s criteria for evaluating Viglacera’s production capacity and scale met the strict standards of the Directorate for Standards and Quality and the model of Malcolm Baldrige and EFQM Awards (USA).

Taking the lead in the integration trend, when world trade agreements opened up opportunities and challenges for businesses, Viglacera always proactively applied the most advanced science and technology in production to bring valuable and high-quality products that are close to major brands in the region and around the world to the market. Along with that is the market development and customer service improvement. Customer satisfaction is a measure of Viglacera’s sustainable development.

Owning the advantage of location near the two largest ports in the North, Dong Mai Industrial Park has consecutively successfully attracted many reputable investors so far. In the third quarter of 2019, after Hong Hai Science Technology Group (Foxconn), the Park welcomed a Korean electronic business to sign a lease contract.

In 29 August 2019, Viglacera Real Estate Trading Company conducted a signing ceremony with Bumjin Electronics Limited Liability Company. This is a reputable electronic business in Korea with many international headquarters and factories in China, Indonesia and Mexico. At Dong Mai Industrial Park, Bumjin Electronics plans to invest 20 million USD in the scale of 60.000m2 for the establishment and operation of speakers and sound system production factories, serving domestic and export markets.

Image of Bumjun Electronics Company’s headquarter in Korea

Developed by Viglacera Corporation JSC over a scale of 168 hectares along with a synchronized infrastructure system, Dong Mai Industrial Park has 110/22KV electric source provided by national grid, water plant with the capacity of 6500m3/day, rainwater and waste water drainage built separately, waste water treatment plant with the capacity of 4800m3/day. Besides, the park’s investors will be supported with custom services, banking, hospitals, post offices and especially the 9.1-hectare-square Dong Mai urban area where employees can stay in the industrial park.

The clean land is available for the investors’ need in Dong Mai Industrial Park

Up to now, Dong Mai Industrial Park has successfully attracted 11 businesses, including many credible brands such as Yazaki Group – Japan’s largest corporation in automobile electric conductors production for the world’s leading automakers, Vega Balls under Yuan Chi Group (Taiwan) – top 5 world’s leading basketball producers, Hong Hai Science Technology Group (Foxconn) – Taiwan’s corporation being the world’s largest scale in electronic, information technology, computer field and the equipment supplier for TCL Group and many other corporations.

Dong Mai industrial park currently has been well – positioned with clean land with competitive rental price, ready for the investors’ needs of factories establishment.

According to Provincial Competitiveness Index 2018 (PCI) informed by Vietnam Chamber of Commerce and Industry, Quang Ninh Province is ranked the 1st. Besides, Hai Phong- Halong- Van Don express way, which was inaugurated in 2018, shortens the distance between Hanoi and Dong Mai Industrial Park and from the industrial park to Hai Phong Port, completes the economic triangle connection Hanoi- Haiphong – Quang Ninh, increases the cargo flow from Quang Ninh to Northern provinces and vice versa. Along with these abovementioned advantages and the Province’s People’s Committee’s support, it is promising that Dong Mai Industrial Park in particular and Quang Ninh province in general will continuing attract more foreign investment in the future.

For further information, please contact: Viglacera Real Estate Trading Company – Phone number: (+84) 888 25 22 88 | Website: https://viglaceraip.com