Forbes Vietnam honored the Viglacera brand with a Brand valuation of up to 48.2 million USD, ranking top 2 in the Construction Materials industry.
The top 25 company brands in the field of personal and industrial consumer goods were voted by Forbes Vietnam. This is the 8th consecutive year Forbes Vietnam has made a list of leading brands and the 3rd year calculated company brands by field.
Viglacera is proud to be in the Top 25 Leading Personal Consumer Goods & Industrial Brands of Forbes Vietnam
This year, Viglacera, GELEX and CADIVI entered the Top 25 leading brands of Forbes Vietnam. Accordingly, the GELEX brand is valued at 92 million USD, the Viglacera brand is valued at 48.2 million USD, and the CADIVI brand is valued at 13 million USD.
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Representatives of Viglacera, GELEX and CADIVI received the Honorable Cup at the event taking place on October 17 in Ho Chi Minh City.
Forbes Vietnam valuing the Viglacera brand at up to 48.2 million USD is a realistic estimate of the value and strength of the brand in the business community in Vietnam. Forbes has calculated the brand value of leading Personal Consumer Goods and Industrial Companies, with quantitative calculation support from SSI Securities Corporation. This is a testament to Viglacera’s advancement and reputation in the construction industry.
Nearly half a century of construction and development, with a methodical strategy, steadily but no less recklessly, Viglacera has continuously grown and affirmed its pioneering role in the field of manufacturing construction materials and real estate investment, creating many breakthroughs in the Construction Materials industry.
Being included in the prestigious ranking of Forbes Vietnam has affirmed the strength and position of the Viglacera brand in the business community in Vietnam.
Viglacera signed with Amkor to invest in the world’s largest factory in Yen Phong 2C Industrial Park developed by Viglacera.
Viglacera’s success reflects its integration and competitive strength in the international market. Viglacera products have conquered and maintained large markets such as the US, UK, Germany, Italy, Korea, Taiwan and Australia. This proves not only the efficiency in production but also the ability to compete and adapt to demanding markets that require the highest quality.
Viglacera is the only enterprise in Vietnam to have a booth displaying products at the world’s largest international design and construction materials exhibition Cersaie in Bologna (Italy) in 2023.
With the recognition from Forbes Vietnam, Viglacera continues to affirm its strength and position in the business community in Vietnam and will certainly continue to shape and promote the development of the construction materials industry and real estate investment in the near future.
Forbes’ method of determining brand value is based on published financial data, eliminating profits generated from tangible assets to determine a company’s profits generated from intangible assets. The company’s brand value is determined from this number after allocating the brand’s contribution coefficient in each industry and the average P/E ratio of that industry at the time of calculation.
