In the first 6 months of 2020, Viglacera closely followed the target plan assigned by the General Meeting of Shareholders

Viglacera Corporation - Joint Stock Company held a progress meeting to evaluate the results of production and business activities in the first 6 months of 2020 with positive results. Viglacera is following up and completing the main targets approved at the General Meeting of Shareholders.

After the whole country entered a state of "new normal" and focused on implementing "dual goals" - both preventing epidemics and restoring production and business activities, leaders of Viglacera Corporation - JSC drastically and synchronously direct product development solutions in all fields, rapidly restore production and business.

Mr. Nguyen Anh Tuan - Deputy General Director of the Corporation reports the evaluation of the results in the first 6 months of 2020 

Recorded at the meeting, in the first 6 months of the year, the Corporation still maintained production and business activities, the consolidated profit of the Corporation reached 417 billion VND, reaching 115% of the 6-month plan; Parent company profit reached 345 billion VND, reached 117% of the 6-month plan. These results are contributed by the Industrial Park real estate business, which is an achievement acquired under the closely direction of the Parent Company, ahead of the game of foreign investment wave into Vietnam. 

Mr. Tran Ngoc Anh - Deputy General Director of Corporation, Director of Viglacera Real Estate Company, reports real estate business results for the first 6 months of 2020 

For Viglacera Tiles and Sanitary Ware: The growth rate of the whole Division has followed and completed the main targets of the first 6-month plan. In early 2020, Viglacera successfully launched its premium tile and sanitary ware brand - Viglacera Platinum. Accordingly, the development of samples to prepare for the launch of premium sanitary ware brand name has been gradually completed, creating synchronization in product identification and supply to consumers. 

The distribution channel is oriented to specialize in new markets such as Central, Can Tho and Central Highlands. In market development, Viglacera increases the national average coverage from 36% to 50% compared to 2019 and the Southern market has the highest growth. The showroom system "Viglacera Center" nationwide is designed according to high-end standards, helping to elevate the image of the professional, modern and luxurious Viglacera brand. Currently, the Corporation is focusing on approaching investment projects in accordance with Viglacera Building Materials products, including public projects under the Government's policy. The field of selling products for buildings, projects and new materials with aerated concrete has prospered, has approached and provided products for many 5-star luxury resort and resort projects according to international standards. 

Mr. Quach Huu Thuan - Director of Tiles Department / Sanitary ware Department, Mr. Nguyen Manh Hieu - Director of Viglacera Tiles Trading Joint Stock Company and Mr. Nguyen Van Ly - Director of Viglacera Trading Joint Stock Company reported at the meeting 

Addressing the direction at the meeting, General Director Nguyen Anh Tuan directed the whole corporation to follow the targets planned in July and the third quarter of 2020, focusing on solutions in administration, commanders and officers will directly go down to the unit, participate in solving difficulties and be proactive in market developments in the coming time. Believe that in 2020, the Corporation will once again successfully complete the Plan targets approved by the General Meeting of Shareholders, creating momentum for the coming years. 

Mr. Nguyen Anh Tuan - General Director of Corporation directed at the meeting 

In the last 6 months of 2020, the world and regional situation is forecasted to continue to be complicated and unpredictable in the context of the Covid-19 epidemic continuing to spread and causing serious consequences. Based on the forecasts of the national growth and the production and business situation in the first 6 months of the year, the 2020 production and business plans of the Corporation, the Boards and each unit have been reviewed and approved by the Corporation, through the General Meeting of Shareholders, assigned to the units, The boards and units have implemented detailed plans for each remaining month of the last 6 months of the year to ensure completion and exceeding the target of the whole 2020 plan.