Construction Ministry petitions to sell Viglacera float glass plant

Date: 15 September 2007

The Ministry of Construction has asked for the government’s permission to sell the float glass plant of the Vietnam Glass and Ceramics for Construction Corporation (Viglacera).

The reason is that after five years of operation, this plant has incurred losses of more than VND80 billion (US$5 million).

The Viglacera Float Glass Company (VIFG) is a member of Viglacera corporation, which is located in the southern province of Binh Duong, with a designed capacity of 300 tonnes of glass per day.

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