Viglacera Corporation (stock code: VGC) has decided to contribute capital to establish Viglacera Hung Yen Joint Stock Company, operating in the investment and management of industrial parks in Hung Yen province with a charter capital of VND 350 billion, holding 51% of the capital. This plan aims to realize Viglacera’s strategy for developing industrial land. They plan to expand additional industrial parks in several provinces such as Bac Ninh, Phu Tho, Quang Ninh, and Thai Binh, targeting a total area of 6,000–7,000 hectares.
Viglacera is also increasing investments in social housing in various provinces while continuing to survey development needs. In investment activities, Viglacera plans to complete procedures for increasing capital in some companies, including raising its ownership ratio at Vietnam Float Glass Company. In 2025, Viglacera aims for a consolidated revenue of VND 14,437 billion, a 19% increase from the previous year, while pre-tax profit is expected to reach VND 1,743 billion, up 7%. The business results for Q1 2025 show revenues of VND 2,854 billion, an 8.2% increase, with pre-tax profits of VND 412.8 billion, up 19.9%.
Viglacera is pursuing a sustainable development trend.
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