AFFIRMING A LEADING POSITION WITH A RECORD CONSOLIDATED PROFIT BEFORE TAX OF VND 2,140 BILLION

12:00 | 09/01/2026

On January 9, 2026, Viglacera Corporation held the “Conference to Review Production and Business Performance and Investment Results in 2025”. The event was attended by Deputy Minister of Construction Nguyen Van Sinh, along with representatives of the leadership of the Department of Enterprise Innovation, the Department of Science, Technology, Environment and Building Materials (Ministry of Construction). On the Viglacera side, the Conference was chaired by Chairman of the Board of Directors Tran Manh Huu, General Director Nguyen Anh Tuan, together with the core leadership team across the entire system.

A record milestone and impressive breakthrough in the 2021–2025 period

In the official Report presented at the Conference, Mr. Nguyen Duc Luyen – Deputy General Director of the Corporation – outlined the picture of Viglacera’s achievements in 2025, along with issues that need to be addressed to enhance competitiveness in the future. The Report analyzed and assessed performance from the overall management and governance perspective down to each production and business field and each product group within Viglacera.

This was not only the year marking a five-year period (2021–2025) with achievements exceeding planned targets, but also establishing a historic milestone: consolidated profit before tax reached VND 2,140 billion. Of which, the Parent Company alone demonstrated its strategic leading role with an estimated profit of VND 1,515 billion, achieving 106% of the annual plan and increasing by 2% compared to the 2024 actual result. This growth is compelling evidence of the soundness of management decisions, from optimizing governance to seizing opportunities in each core product group.

The estimated consolidated profit before tax figure of VND 2,140 billion immediately became a powerful source of inspiration, spreading confidence among all employees and shareholders, partners in a lean and effective innovation journey that Viglacera has persistently pursued.

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Overall view of the Conference
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Mr. Nguyen Duc Luyen – Deputy General Director of the Corporation

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Leading position in the Construction industry – Efficiency goes hand in hand with responsibility

Impressed by the figures in the Report, in his subsequent remarks at the Conference, Deputy Minister Nguyen Van Sinh repeatedly emphasized: “Viglacera is the unit that not only leads in consolidated profit before tax but also ranks first in average employee income among enterprises under the Ministry of Construction in 2025.”

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Deputy Minister Nguyen Van Sinh delivered congratulatory remarks and directives at the Conference: “In 2026, the entire Construction sector sets a target of double-digit growth; therefore, the system of enterprises under the Ministry also needs to promptly propose corresponding solutions and effective action programs.”

This recognition not only affirms financial capacity but also demonstrates the Corporation’s commitment to harmonizing business interests with sustainable development benefits for society. Explaining this success, Chairman of the Board of Directors Tran Manh Huu acknowledged that the record results are a convergence of the current collective’s own efforts and the valuable “accumulated assets” from previous generations. This is selective inheritance and strong development based on modern governance thinking.

The fact that “For the first time, Viglacera achieved a record consolidated profit before tax of VND 2,140 billion” was also mentioned in the remarks of General Director Nguyen Anh Tuan. 

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High consensus on strategic pillars on the journey toward sustainable development

While the official Report at the Conference identified achieved results – limitations – causes – and corrective measures, the presentations at the Conference, from four units including the Real Estate Project Development Department, Viglacera Sanitary Equipment Company (Vigsa), Viglacera Tien Son Joint Stock Company, and the Corporation’s Supervisory Board, all converged on key issues to create momentum for Viglacera to continue taking off.

First, affirming that the corporate restructuring scheme has quickly contributed to streamlining the organization, reducing intermediary layers and overlaps, and unlocking overall resources that were previously latent in each product group and operational field.
Second, sharing commitment and determination to promote investment in high technology in production and modern, highly efficient management technology.

Third, clearly recognizing the role of digital transformation and steadfastly pursuing the digital transformation journey, even though unprecedented challenges lie ahead. These challenges even include old habits of individuals themselves. The purpose of digital transformation is to move toward transparency, efficiency, and sustainability for the entire system.
Fourth, affirming determination to implement Green and Smart solutions, starting with greening mindset, greening products through technological investment processes, and gradually greening production.

Fifth, innovating R&D activities in building materials production in depth, with appropriate investment in all financial and human resources, thereby creating direct competitive advantages.

Sixth, declaring the creation of superior competitive advantages through ownership of an industrial park chain invested according to green and smart criteria.

Seventh, affirming determination to complete the production and business and investment development targets set out in the 2026 Production and Business and Investment Development Plan.

The Supervisory Board’s Report also particularly recognized the role of the Board of Directors and the Corporation’s leadership in management and administration, delivering highly encouraging results for the entire Corporation.

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Representatives of units within Viglacera Corporation presenting papers at the Conference

At the Conference, Mr. Nguyen Quy Tuan – Chairman of the Corporation’s Trade Union and Standing Member of the Corporation’s Emulation and Commendation Council – clarified the role of the Trade Union in innovating organizational operations, especially in areas under the Corporation’s new-phase development strategy.

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Mr. Quy Tuan speaking at the Conference about the roles of the Trade Union in innovating organizational operations.

Announcement of commendation decisions, honoring collectives with outstanding achievements in 2025, including units in the Tile, Sanitary Equipment, Real Estate groups, and many other units and individuals.

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Viglacera Corporation honoring outstanding collectives and individuals for achievements attained in 2025

Capability on “major playing fields”

Enhancing competitive factors for products and services under the Viglacera brand across all domestic and international arenas has always been a firm determination of the Corporation’s leadership.

While Chairman of the Board of Directors Tran Manh Huu clearly pointed out the path from mid-to-high-end products toward positioning high-end products in the market, General Director Nguyen Anh Tuan demonstrated that the Corporation is decisively implementing that direction – accompanied by core solutions.

Looking toward 2026, General Director Nguyen Anh Tuan emphasized determination to enhance the competitiveness of the Viglacera brand in both domestic and international markets. The core strategy is to create foundational factors to gradually position high-end products, competing on equal footing through technology and products. Viglacera not only seeks support from State mechanisms and policies for building materials enterprises but also proactively mobilizes itself through a vertical governance model by product groups, creating an elite apparatus ready to decisively accomplish key objectives right from the early days of the year.

With a “robust” mindset and an apparatus ready to embrace competition on larger playing fields, Viglacera is full of confidence to seize development opportunities in the green era./.

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