VIGLACERA REAL ESTATE COMPANY

Viglacera Real Estate Company: A Key Player in Vietnam’s Industrial Property Market

Viglacera Real Estate Company, legally registered as CÔNG TY KINH DOANH BẤT ĐỘNG SẢN VIGLACERA, operates as a branch of Viglacera Corporation – JSC. Founded on August 17, 2007, the company is officially registered with the Bac Ninh Department of Planning and Investment under Business ID 0100108173-018. With over 17 years in operation, it remains active and legally recognized as a privately held entity.

Headquartered at the Management Center of Tien Son Industrial Park in Bac Ninh Province, the company also maintains a prominent office in Hanoi at Viglacera Tower, Me Tri Ward, South Tu Liem District. Mr. Tran Ngoc Anh, a Vietnamese national, serves as the branch's Director, overseeing daily operations and strategic development.

Viglacera Real Estate Company specializes in industrial park development, urban area planning, real estate trading, and office leasing. The company also engages in property brokerage, land use rights trading, and architectural consultancy, reinforcing its broad service portfolio across Vietnam’s rapidly evolving real estate landscape.

In 2024, the company reported total assets of USD 218.41 million, a robust 52.97% increase year-over-year, reflecting strategic expansion. However, sales declined to USD 102.97 million, a 29.66% drop, and profits decreased to USD 46.06 million, down by 14.55% compared to the previous year. Notably, working capital remained negative at USD -133.58 million, indicating potential liquidity pressures.

Despite fluctuating financial performance, the company remains a cornerstone subsidiary of Viglacera Corporation – JSC, which holds 100% ownership. With a workforce of 50 employees and strategic locations across Vietnam, Viglacera Real Estate Company is poised to play a significant role in shaping Vietnam’s industrial and urban infrastructure.