
Deputy Prime Minister Trinh Dinh Dung has just signed a Decision approving the policy of investing in the construction of technical infrastructure of Yen Phong II-C industrial zone (Bac Ninh) with the investment of VND 2234 billion with the area of 221 ha.
Yen Phong II-C industrial zone with the investment of VND 2234 billion and a scale of 221 ha
Yen Phong II-C industrial zone is located in Cho town, Dong Tien and Tam Giang commune, Yen Phong district, Bac Ninh province, developed by Viglacera Corporation – JSC. The project with a scale of 221 ha attracted a total investment of VND 2234 billion including VND 3574 billion of investors’ capital, VND 5585 billion of loans and VND 1318 billion of other capitals.
The operation duration of the project is 50 years from the date of the Decision of investment policy. The progress of project implementation is 5 years since the Decision of investment policy.
The annual TISE international exhibition held in Las Vegas is the most significant event of the tiles and natural stone industry in the North American market. The show also attracts customers who are the manufacturing and distribution companies of building materials field, design companies, and construction units to survey and study the development trends of tiles market.
After a long time of the market survey, product positioning for each product line and demand segment for building materials field, Viglacera – the only brand from Vietnam has brought the latest technology products to introduce and display at TISE 2019 – the USA.
Participating in product introduction and customer contact at Viglacera booth are some of Viglacera’s significant partners in the US. These are partners who have had time to work with the company, have knowledge of Viglacera’s products andwant to work with the company in direct access to customers to widely advertise and expand the distribution system of Viglacera products in the US market.
In the TISE’s exhibition space, Viglacera booth brings a new style to introduce synchronous and diverse products from ceramic tiles, sanitary wares to high quality baked clay bricks to meet all market needs. These are typical building materials products that are suitable to promote and export to the US market in the coming time.
For ceramic tiles, the US market is favoured to use tiles with dimensions of 15x60cm, 15x90cm, 45x90cm, 60x120cm, wood-based trend patterns, rich, deep tones and stone colours. Therefore, when bringing these products to the exhibition, Viglacera booth has received considerable attention from customers.
For sanitary wares, the trend in the US is to use a seamless tank with large size, pure colour and water saving features. Viglacera’s comprehensive set of bathroom equipment from shower, basin, sink to faucets brings convenience to US customers who value time more than anything.
In the forefront of developing the Latin America market, in 2018, Viglacera invested in Joint venture factory for ceramic tiles and sanitary ware in Cuba. When the factory officially comes into operation, it will be convenient to supply goods in the Caribbean and the Americas. The expansion in the US market is an essential step in the export development orientation of Viglacera Corporation in 2019-2020 while affirming its name and position in the world market.
As the first event of the new year, the TISE exhibition has become a place for companies to launch new products and introduce them to consumers. The exhibition includes three world-class trade shows: SURFACES, StonExpo/Marmomac and Tile Expo. The International Surface Event is the most comprehensive event of the US building materials industry taking place in 3 days from January 23 to January 25, 2019. The exhibition has about 800 booths and attracts 100,000 visitors.
On 16th January 2019, in Ho Chi Minh city, Viglacera corporation – JSC had honor to be listed in top 500 biggest enterprises in Vietnam in 2018. This result is based on the analysis and independent evaluation of Vietnam Report.
Viglacera corporation – JSC ranks the first among top 500 biggest enterprises in Vietnam ‘s building materials market in 2018. This achievement not only confirms the advanced position of Viglacera among Vietnamese business community with large business scale and high revenue but also is a result deserved with all effort of the whole corporation in innovating, applying “green” technology, improving business activities in a professional and sustainable way.
Viglecera Corporation – JSC ranks top 500 biggest enterprises in Vietnam ‘s building materials market
2018 is evaluated as a successful year to Viglacera corporation – JSP in all operating fields, especially in the field of manufacturing and trading building materials: The solution of converting to manufacture 100% Viglacera terracotta got the exclusive certificate of useful solution; The national scientific project went into production in Viglacera AAC factory; The Viglacera My Xuan Sanity Ware started operating and increased the capacity of the whole Sanity Ware division of the corporation to 2 million products per year; Viglacera invested in Super white float glass factory with productivity of 600 tons per day to meet the demand of manufacturing solar battery.
Besides, Viglacera also pays high attention on investment projects in Real Estate field: Viglacera activated the strategy of investment in foreign countries by the Vimariel – Cuba special economic zone project; Viglacera is delegated from Prime Minister 2 new industrial zone projects: Yen Phong II-C (Bac Ninh) and Yen My (Hung Yen) to invest on construction and infrastructure; Viglacera marked a new turning point in real estate development strategy with the project of luxury ecotourism area in Van Hai – Quan Lan, Quang Ninh. Moreover, Viglacera also concentrates on investment in constructing worker housing, social housing to increase the value of infrastructure and services for industrial zones etc. Due to all of those activities, the reputation and brand position of Viglacera is more and more recognized.
The fact that Viglacera continues to maintain the brand and ranks highly in VNR500 chart shows the main and pioneer role of Viglacera corporation – JSP in building materials manufacturing & trading and real estate investment in Vietnam and confirms the achievement, effort and devotion of Viglacera for the national economic-social development.
In the chart of top 500 biggest enterprises in Vietnam in 2019, Viglacera ranks 128th and ranks 1st among top biggest enterprises in building materials industry. The VNR chart is established based on the analysis and independent evaluation of Vietnam Report.
The criteria are actual revenue, total capital, total employees, profit after tax and others such as ROA, ROE, reputation, etc. Enterprises don’t have to submit any fee to be listed in the VNR500 chart.
Meeting with Prime Minister Nguyen Xuan Phuc in the afternoon of October 30th, on the occasion of his visit to Vietnam, Mr. Lee Jae Yong, Vice President of Samsung Group affirmed that the Group would invest in Vietnam for a long-term and expand operations in this country.
According to the Government’s Web Portal, in the evening of October 30, Prime Minister Nguyen Xuan Phuc received Mr. Lee Jae Yong, Vice President of Samsung Group who was paying a business visit to Vietnam, he proposed Samsung Group to continue to expand its scale of operations in Vietnam, not only be “the largest global production base in Vietnam”, but also towards “the largest global strategic base in Vietnam”.
Prime Minister Nguyen Xuan Phuc received Vice President of Samsung Group Lee Jae Yong.
He added, in addition to assembly lines, production of electronic products, Samsung should expand its investment in important manufacturing industries that the Group has competitive advantages, such as research – development of semiconductor, infrastructure, energy, etc.
The Prime Minister also asked Samsung to deploy the Samsung Research and Development (R&D) Center Project as committed, with an aim to promoting R&D activity in Vietnam; continue providing practical support on training and technology transfer in order to facilitate the development of Vietnamese supporting industry enterprises.
Highly valued the investment activities of Samsung in Vietnam with more than 17 billion USD of invested capital, creating jobs for more than 160,000 people and bringing export turnover of 54 billion USD in 2017, Prime Minister said that besides Samsung’s determination and efforts, Vietnam’s ministries, branches and localities have created favorable conditions for Samsung to invest successfully in Vietnam over the past few years.
The Prime Minister affirmed the Government of Vietnam would continue to support Samsung to be more successful in Vietnam. In response, Samsung Group Vice President Lee Jae Yong expressed his gratitude for the attention of the Government and the Prime Minister for the Group’s activities in Vietnam, especially in promptly removing problems and difficulties for the Group.
“Samsung has invested in many countries, but not many countries have listened to and actively resolved business recommendations like Vietnam,” said Mr. Lee Jae Yong. Appraising the robust economic growth of Vietnam over the past time, Mr. Lee Jae Yong confirmed Samsung would extend its investment and broaden its operations in Vietnam.
He added, developing supporting industries and increasing the localization rate in Vietnam would not only be the expectation of Vietnam’s Government but also of Samsung. Samsung, at the moment, has been both focusing on production and promoting R&D in Vietnam; as well as trying to cooperate more with Vietnamese enterprises in supplying accessories and human resources, etc.
The vice president of Samsung also said that after returning to South Korea, he would hold a meeting with the participation of the Group’s officials to consider the investment potentials in other sectors and fields in Vietnam as suggested by the Prime Minister.
Source: baodautu.vn