Viglacera and ty so bong da 10 most significant achievements in 2015

As ty so bong da real estate market began to recover, 2015 became ty so bong da recovery step for many real estate and building material enterprises. In particular, during a fluctuated period of ty so bong da economy, 2015 became ty so bong da perfect opportunity for Viglacera to develop and strengthen its position with many milestones. In addition, ty so bong da chance for Viglacera’s breakthroughs was even higher after it was transformed to a joint stock company.

1. First year Viglacera operated under joint-stock model with strong growth

Officially transformed to joint-stock company from 07/2014, ty so bong da year 2015 became ty so bong da first year Viglacera operated under this new model, and was a confirmation for ty so bong da effectiveness of ty so bong da model.

Key production results grew dramatically and highly exceeded targets set by Ministry of Construction, and Shareholders. Expected growths in 2015 compared to 2014 are: Profits increased by 52%; Business results increased by 3%, and profits increased by 4% compared to ty so bong da plan.

2. Complete Yearly Business Plan set for 2011-2015; Approve 5 year plan for 2016-2020

Based on results during 2011 - 2014 and expected results of 2015, expected profit for period 2011-2015 is 1,704.5 billion VND, increased by 14% compared to ty so bong da plan set by Ministry of Construction; production value will reach 58,183 billion VND and total revenue will reach 58,174 billion VND.

For ty so bong da 5-year period, from 2016 to 2020: Viglacera continues to set key business targets higher than those in ty so bong da period 2011- 2015, profit growth is set from 10-15%.

3. Viglacera delivered high-level Training and Human Resources development, qualified by ty so bong da UK, and awarded UK Certification by ty so bong da British Council

2015 created a milestone for Viglacera international integration in all aspects, from manufacturing to research and training. With success of international training cooperation, there will be a significant change in "quality" of Viglacera, in terms of expertise, mastery of advanced production technology. Viglacera will be ready to compete with bigger rivals on ty so bong da world. Viglacera has always considered manpower quality as ty so bong da "core" for sustainable development, so Viglacera pays special attention to ty so bong da training and development of human resources, and determined this factor as foundation for overall development of ty so bong da Corporation.

Training cooperation between Viglacera Corporation - JSC and Proskills UK is one of ty so bong da most prominent human resource development programs of ty so bong da year. This cooperation was mutually and positively developed at high efficiency, and was preparing for Viglacera College to receive ty so bong da UK Vocational College Certification. Also, this cooperation has also been awarded ty so bong da International Partnership of ty so bong da Year Award for Development Cooperation program between Viglacera and Proskills UK by ty so bong da British Council. This is ty so bong da only partnership among a total of 25 countries awarded by ty so bong da British Council.

In addition to ty so bong da training cooperation with UK, Viglacera deployed several effective collaborations with leading universities in Vietnam, including University of Civil Engineering, Hanoi University of Science and Technology for a wide-scale training, from skilled workers to engineers, masters.

General Director Nguyen Anh Tuan, ty so bong da Principal at University of Civil Engineering - Dr. Pham Duy Hoa signed a training contract for engineers in building material engineering technology

By end of 2015, ty so bong da Corporation has sent 73 staff for admission of graduate programs in non-metallic material, material science, and/or project management; of which: 08 students had graduated in non-metallic material from Hanoi University of Science and Technology, 02 students had graduated in material science and technology from University of Civil and Engineering, ty so bong da rest are still learning and expected to graduate in 2016.

To save time, cost for training for newly graduates, and meet ty so bong da needs of ty so bong da Corporation, Viglacera also sign a contract with University of Civil and Engineering on engineering & construction material. With this partnership, Viglacera will support students since they are at school, so that they can do internship in Viglacera production environment. This helps them get use to ty so bong da actual work and save much of study time before graduation.

4. Viglacera pioneered ty so bong da high-tech building material manufacturing ty so bong da Vietnam with Viglacera energy-saving glass.

Director of Project Management Unit for Energy-Saving Glass production line Nguyen Minh Khoa ty so bong da Von Ardenne Representatives (Germany) signed an equipment supply contract

Viglacera energy saving glass project is a "High-Tech" project, approved by ty so bong da Prime Minister on 13.01.2015 and certified by ty so bong da Ministry of Science and Technology for operation and application by Decision No. 2456 / QD-BKHCN on 22/09/2015. Project scale is 5,000,000m2 / year, including two investment phases: Phase I – one production line with capacity of 2,300,000m2 / year in Tan Dong Hiep District - Di An - Binh Duong, and Phase 2 – one production line with capacity from 2,300,000 - 2,700,000m2/ year, in Bac Ninh province. All design, technical documentation, cargo, installation, technology transfer will be supplied by Von Ardenne GmbH - ty so bong da world's leading corporation in glazing equipment and technology.

Layout of Viglacera Energy Saving Glass Factory

Investment in "energy-saving glass production line project" is an important milestone which marked a pioneering role of Viglacera in implementing policies of ty so bong da state in new product, green products, environmental protection. This also affirms its proactive steps to restructure product range, improve competitiveness and meet ty so bong da needs of ty so bong da use of green and sustainable of building material products in Vietnam. Viglacera energy saving glass products will replace imported products and boost exporting, to actively prepare for ty so bong da "playground" new integration such as TPP (Trans-Pacific Partnership agreement) and bilateral and multilateral Trade Agreements will take effect soon... In particular, this product will solve ty so bong da problem of energy saving for consumers by saving 30-40% of energy costs for air conditioning systems.

5. Viglacera completed investment and construction in Social Housing sector in Dang Xa Urban Area - Gia Lam – Hanoi, and pioneered in ty so bong da Social Housing for Rent development strategy in Hanoi

In February 2015, Viglacera officially handed-over Dang Xa Social Housing –phase 3, increasing ty so bong da number of apartments for low-income people in urban area to more than 3500 units in Dang Xa, and marked ty so bong da completion of ty so bong da investment, construction in Social Housing sector in Dang Xa Urban Area - Gia Lam - Hanoi.

Plating ceremony for social housing project ty so bong da Dang Xa Urban Area: District Ngoc Lan - officially handed over at Project NOXH Dang Xa phase 3

Dang Xa social housing in Dang Xa Urban Area is recognized by Minister Trinh Dinh Dung as a urban zone model which should be replicated in Hanoi ty so bong da other provinces. Besides, social housing project also noted as "high quality construction" by MOC ty so bong da named "green architecture" by Vietnam Architect Association.

Social housing projects developed by Viglacera always ensure 3 criteria: Optimal design, comfortable environment; use of quality, environmentally friendly, comprehensive building materials; shorten construction time ty so bong da ensure social infrastructural services.

Besides, Viglacera is also an enterprise to initiate ty so bong da construction, development of social housing for rent in Hanoi. ty so bong da project is built on a plot NO3 and NO4 of Dang Xa 2 Urban Area, with a total area of 10,000m2, including two 6-storey buildings, 270 apartments with an area of 45, 47, 60 and 69.5m2 with prices from 1 million to 2 million / month, 40-60% cheaper than ty so bong da rate in ty so bong da market with ty so bong da same size.

Groundbreaking ceremony for Viglacera apartment - Yen Phong Urban Area

While demonstrating social responsibility when investing in housing for low-income people, Viglacera also shows its responsibility for workers, labors in ty so bong da industrial zones. In 2015, for preparation of Samsung Display -billion project in Yen Phong Industrial Zone, Viglacera has launched a worker housing area in Yen Phong urban area - Bac Ninh province with 439 units at a total investment of 80 billion VND.

6. Viglacera gradually expanded overseas investment and set ty so bong da first milestone in ty so bong da Republic of Cuba.

General Director of Viglacera Corporation - JSC Nguyen Anh Tuan worked with Minister of Trade ty so bong da Foreign Investment of Cuba - Rodrigo Malmierca Diaz Him ty so bong da Minister of Construction of Cuba – Mr. Rene Mesa Villafana in capital Havana early in December, 2015

Expanding oversea investment is one development strategy of Viglacera in upcoming years, and Cuba became ty so bong da first country to establish a joint-venture with Viglacera in building material production.

ty so bong da project was paid special attention and highly recognized by Minister of Trade and Foreign Investment of Cuba – Mr. Rodrigo Malmierca Diaz, and Minister of Construction of Cuba – Mr. Rene Mesa Villafana. Government of ty so bong da Republic of Cuba considers this project especially important for Cuba. This project is a prerequisite for ty so bong da expansion of cooperation with other countries after a long embargo time.

Currently, both sides have prepared initial steps for ty so bong da establishment of ty so bong da joint ventures in producing sanitary wares and ceramic tiles in Cuba. Recently, General Director of Viglacera Corporation - JSC Nguyen Anh Tuan and his delegation have visited and worked with Cuban building material group, visited production plants and signed minutes of meetings, Memorandum of understanding on 09 cooperation programs with high commitment to launch these joint ventures on time.

7. Viglacera expanded investments in industrial zones in ty so bong da North and Central of Vietnam

Phu Ha Industrial Zone groundbreaking ceremony - Phu Tho

On ty so bong da first days of 2015, Viglacera has launched Phu Ha Industrial Zone. Phase 1 of ty so bong da project has a total area of 350 hectares with a total investment of 1,730 billion VND. Phu Ha Industrial Zone is one of many Industrial Zones in Phu Tho province, which was put on ty so bong da list of prioritized industrial zones to be developed till 2015 and oriented to 2020. This industrial zone is also multi, high-tech industrial area focused on electronic industry, advanced construction materials, food processing, beverages, engineering goods, pharmaceuticals, etc. Especially, this industrial zone has a leasing fee which is half of other industrial zones’ in ty so bong da region. In particular, while ty so bong da neighboring industrial zone leasing fee is about USD60-65/m2, Phu Ha Industrial Zone proposed rents is about35-40USD/m2.

Phong Dien Industrial Zone groundbreaking ceremony - Hue

Afterward, Viglacera noted in Central Vietnam by becoming ty so bong da first enterprise to invest an industrial zone in Hue ancient city. Phong Dien Viglacera Industrial Zone with a total area of 284.32 hectares, with total investment of over 681 billion VND, is a multi, high-tech industrial area focused on less polluted industries like power industry, electronic & information technology, agro-forestry, fisheries, food and beverages, textiles, building materials, mining and mineral processing, sand processing, etc.

8. Viglacera launched various types of smart, energy saving, environmentally friendly building materials.

As ty so bong da oldest brother in building material manufacturing in Vietnam, Viglacera proactively develop new, high quality products by applying new, modern technologies, as well as develop its human resources. Viglacera has officially launched smart sanitary wares, advanced antibacterial tiles. With two new products, once again confirms strong competitiveness of Vietnamese enterprises with major brands in ty so bong da world in this industry.

Viglacera smart sanitary wares ty so bong da antibacterial tiles

Viglacera smart sanitary wares have elegant design and integrate many modern features such as: nozzle disinfection with UV light, warming water, waste water backflow protection, ordor prevention, Phytoncide natural antiseptic, warming in winter, automatic incident detection, antibacterial sitting lid, massage with water, cleaning sequence for ty so bong da elderly, women, children... In conjunction with nano-glazed technology, surface of sanitary ware becomes brighter, anti-fouling and automated disinfection, certified to kill 89% of bacteria like Ecoli toxic, styphi, bcereus...

Antibacterial tiles are ty so bong da latest product type of Viglacera which also apply Nano TiO2 coated antibacterial technology. It can remove 99.9% of bacteria, fungus on product’s surface, especially biodegradable, toxic substances such as dioxins, pesticides, benzene with higher performance than other methods. Antibacterial Tiles are especially suitable for public buildings, hospitals, schools, etc.

9. Establishment of Visaho JSC - Viglacera upgrades its operation management of real estate projects to international standards.

Leaders of Visaho JSC ty so bong da launching ceremony.

Implementing ty so bong da policy of Ministry of Construction: “Develop urban areas, green building, energy saving, sustainability”, ty so bong da management and operation must meet international quality along with rational planning, design. Therefore, Viglacera cooperated with Sankei Building Management Company from Japan, Hoang Thanh Infrastructure Investment and Development JSC, and OWI company to establish VISAHO JSC. Sankei Building Management, from Sankei Building Group is a leading company in real estate investment and management in Japan.

ty so bong da company will provide solutions to professionally manage and operate real estate projects, creating living and working environment at Japanese standards. Its purpose is to bring satisfaction to customers, increase value of properties for owners and gradually increase competitiveness. In ty so bong da near future, ty so bong da company will focus on management consultancy, operation of housing projects and invest in service and industrial zone projects.

10. Viglacera won "Gold Quality Award and international services" for ty so bong da 2nd consecutive time, and "Famous Brands" 06 years in a row.

Mr. Jose E. Prieto - Chairman ty so bong da CEO of BID awarded Gold Award for Quality ty so bong da international services in 2015 to Viglacera Corporation - JSC

Viglacera won ty so bong da Gold Award for Quality and international services in 2015 for ty so bong da 2nd time. This prize is award to world's leading enterprises for commitment to promote quality and corporate culture to ty so bong da community by an international organization Business Initiative Orientation (BID).

World Quality Commitment (WQC) is an annual, reputed international award by Business Initiative Directions (BID) since 1986 to honor organizations and enterprises around ty so bong da world which have made outstanding achievements in ty so bong da process of business management, brand development through its commitment to quality service brought to ty so bong da community.

Representatives of Viglacera Corporation - JSC received Strong Brand Award

In 2015, Viglacera was continuously voted by Vietnam Economic Times and ty so bong da consumers for Strong Brand Award. This is ty so bong da 6th consecutive year that Viglacera has been awarded this prize. Awards are voted based on criteria such as leadership capacity, brand protection, human resources, quality of products and services, resulting in ty so bong da production business, stability, especially ty so bong da achievements in ty so bong da application of green technology, energy saving, environmental protection and ty so bong da active contribution to ty so bong da community ...

ty so bong da year 2015 became a milestone that Viglacera accelerated its development in green growth strategy, focusing in-depth on training, research - development in both building material and real estate sectors. Viglacera’s desire is to become a multinational corporation, as well as to expand Viglacera’s trading map worldwide.