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Viglacera eyes one billion USD of revenue by 2020

The Vietnam Glass and Ceramics for Construction Corporation (Viglacera) said it will ensure supplies and aims to earn one billion USD in revenue from 2017 – 2020.
Viglacera eyes one billion USD of revenue by 2020 ảnh 1 At the Viglacera Ha Long (Source: VNA)

Hanoi (VNA) – The Vietnam Glass andCeramics for Construction Corporation (Viglacera) said it will ensure supplies andaims to earn one billion USD in revenue from 2017 – 2020.

To achieve this, Viglacera plans to developsustainably in the period, with investment focused on hi-tech products andinfrastructure in industrial parks.

Funding will be ensured for key projects whileaccelerating the equitisation process as per Government instructions, divestingat least 51 percent of state-owned capital by 2019.

In 2017, Viglacera will focus investment oninfrastructure in industrial parks.

Currently, the company has 10 industrial parks,in Bac Ninh, Ha Nam, Thai Binh, Phu Tho, Quang Ninh, Hue and Hung Yen.

Financial priority will be given to two projectsin Yen Phong Industrial Park and Dong Van IV Industrial Park, worth 692 billionVND (30.45 million USD) and 154 billion VND (6.77 million USD),respectively.-VNA

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