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Vietnam’sceramictilegiantplanstoinvestandbuildfactoriesintheCaribbean

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I-Vietnam's Ceramic ye-ceieram ye-ceie ye-bile geria yokutyala imali kunye nokwakha iifektri kwiCaribbean

Viglacera Corporation, Vietnam’s largest real estate and building materials group, disclosed today that it plans to hold an extraordinary general meeting on September 7, 2022, to disclose matters related to investing in a building materials factory in Dominica.

The Dominican Republic is located in the east of the island of Hispaniola in the Caribbean Sea, with a population of over 10 million and a territory of 48,442 Iikhilomitha ezisikwere. Kwisiqingatha sokuqala se 2022, Dominica ranked third in the number of hotel room starts in Latin America, nge 24 hotel projects started.

Viglacera Corporation builds factory in Dominican Republic

 

Kwisiqingatha sokuqala salo nyaka, Viglacera’s net income was 42,680 trillion VND (malunga 1.2 billion yuan), and the pre-tax consolidated profit reached 1,740 billion VND (malunga 522 million yuan), ukwanda konyaka-ngonyaka kwe 121%. In the first seven months, 111% of the annual plan was completed, ukwanda konyaka-ngonyaka kwe 2.1 amaxesha, and the comprehensive pre-tax profit reached 1,887 billion VND (malunga 566 million yuan).

 

According to the consolidated financial statements for the second quarter of 2022, Viglacera currently has shares in two member companies in Cuba, which started production in 2018, namely ViMariel Company (99.9% isibonda), which is engaged in the infrastructure of industrial parks, and SanVig, which is engaged in building sanitary ceramics. Inkampani (ukubamba 21.43%).

Phakathi kwabo, the latter has two factories, which produce ceramic tile and sanitary ware respectively.

According to a report by the Vietnam Foreign Investment Agency (FIA), in the first five months of this year, Vietnamese enterprises invested nearly US$340 million in new and supplementary capital overseas, phantsi 38 ipesenti unyaka nonyaka. Despite the decline in total investment, they invested more than $293 million in new projects, double the amount in the same period last year.

From January to May, Vietnamese enterprises invested abroad in 12 fields. The manufacturing and processing industries attracted the most funds, nge 8 newly approved projects with a total amount of about 204.4 Izigidi zeedola zaseMelika, ukubalwa kwemali 60% of the country’s total foreign investment.

 

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