On September 16, 2023, at Pullman Saigon Center Hotel, Viglacera Corporation – JSC (VGC) was officially honored in the category of “Top 50 Most Effective Business Companies in Vietnam 2023”
The “50 Most Effective Business Companies in Vietnam” (TOP 50) ranking is a valuable and prestigious ranking compiled by Nhip Cau Dau Tu Magazine with consultation from economic and business experts from Harvard University to search and honor effective business companies in the Vietnamese stock market.
Viglacera Corporation (VGC) respectively achieved a 13.0% compound annual growth rate (CAGR), 15.0% return on equity (ROE) and 115.0% return on stock (Stock Return).
TOP 50 is implemented on the basis of measuring business results of companies for 3 consecutive years, based on 3 growth indicators: revenue, return on equity (ROE) and return on shares. Measurement results aim to objectively evaluate the enterprise’s management capacity.
Certificate of “Top 50 most effective business companies in Vietnam” 2023 of Viglacera
Based on the above evaluation criteria, Viglacera Corporation (VGC) respectively achieved a 13.0% compound annual growth rate (CAGR), 15.0% return on equity (ROE) and 115.0% return on stock (Stock Return).
Viglacera’s representative received the certificate of “Top 50 most effective business companies in Vietnam” 2023
Viglacera, with more than half a century of operation, has continuously researched and developed green building materials. The company understands the importance of building sustainability through environmentally friendly products. Proud to apply modern and advanced production technologies in the Vietnamese market, Viglacera meets strict standards in strategic markets such as the US, Europe and many other countries.
Currently, Viglacera’s products have reached more than 40 countries and territories worldwide. With its current orientation, using advanced production technologies and nearly 100% recyclability, Viglacera is committed to strongly contributing to efforts to reduce carbon emissions and working towards the Net Zero goal by 2050.
2023, a year full of turmoil, witnesses many challenges from the business environment and macro management policies. Despite facing many difficulties, Viglacera still stands firm, proving its sustainability and pioneering position in the construction materials industry. As of August 2023, the accumulated consolidated profit of the Corporation in the first 8 months of the year reached 121% of the yearly plan; the parent company’s profit alone reached 143% of the August plan and the cumulative first 8 months of the year reached 117% of the 2023 plan.
