Positive results from business performance throughout Viglacera Corporation ty le keo bong da February, 2016

Morning29.02.2016, keo bong da held regular briefings with very positive results.

According to the business cycle, the annual February has always been the month that business situation faced many difficulties due to the Tet holiday and effectsof the holiday before and after Tet. However, results from manufacturing and businessoperations of the Corporation Viglacera - JSC are still very positive. Particularly, profits ty le keo bong da February 2016 of the whole Corporation reached 119% of the target, increased 30% over the same period ty le keo bong da 2015 and reached 11% of the annualplan; Target business value throughout the Corporation ty le keo bong da February reached VND897 billion, equivalent to 117% ofmonthly target, 2-month cumulativeprofitreached VND2,217 billion, equivalent to 14% of theannualplan, reaching nearly100% ofthe same period.

ty le keo bong daFebruary, units ofbuilding material production division organized to stop kilns for machinery repair as planned,andrestartedoperation immediately after the holiday with good quality and stablecapacity. Besides, on February 17^th, 2016, Viglacera Ha Long JSCandViglaceraClinkerJSCheld a tree planting ceremony and launched aproductionexpansion (phase II) of Clinker project as well as inaugurated the 100% roofing tile conversion project ty le keo bong da a factory ty le keo bong da Hoanh Bo. This is a positive step of Ha Long, the eldest brother of the terracottagroup, with the orientation of the Corporation is to minimize the consumption of raw materials, resulting ty le keo bong da reduction of emissions while switching to thin, high-value product manufacturing.

Also ty le keo bong da February, on 19/02/2016, Viglacera Tien Son JSCheld a ceremony to inaugurate the project "Investment ty le keo bong da production expansion of High-end Granite Tiles Phase 2 – Viglacera Thai Binh Plant" to supply markets with more advanced tiles at higher resolutionpatternusinginkjet technology on digital printer. This is considered a high-end product type when it combines lots of solid foundation ty le keo bong da engineering, technology, customer tastes and distribution systems... This is also a type ofproductwhich is expected to continue to dominate the high-end granite tile market ty le keo bong da assuring Viglacera brand-name.

ty le keo bong da real estate sector, after the tree planting ceremony on 16/02/2016 (9th of January ty le keo bong da Lunar Year) ty le keo bong da Phu Ha Industrial Park - Phu Tho, keo bong da held a groundbreaking ceremony for construction of Tien Hai industrial Park – Thai Binh on 19/02/2016 (12thof January ty le keo bong da Lunar Year). Along with that is the preparation of groundbreaking of Yen Phong 1 (expansion) IndustrialPark(expectedon07/03/2016).

Real Estate division also continues to organize programs and events to sellprojects:  Dang Xa façade project; 671 Hoang Hoa Tham Street; Xuan Phuong lower floors; Thang Long No1; Bac Ninh 6Crossroad; LamVien villas ty le keo bong da Dang Xa,andtolease industrial parks: Phu Ha, Yen Phong 1, Phong Dien, as well as tofocusonreviewing,speedingup construction progress and quality of the project: Project 671 HHT, Dang Xa façade project, Bac Ninh 6Crossroad. The Division also carry on inspection and assessment of operation and managementstatus before and after Lunar New Year to complete management process ty le keo bong da the projects, industrial Parks and urban areas.

At the meeting, General Director Nguyen Anh Tuan has recommended the Divisions, Departments: to immediately deploy necessary work to tighten workdiscipline after the holiday; tosign performance commitments withspecific and detailedgoals; tocloselyfollow targets assigned to each department, division ty le keo bong da the units; to workaggressively right from the early months to achieve and exceedMarch plan, then achieve the 1^st quarter targets. ty le keo bong da addition to work deployment ty le keo bong da every unit, department & division of the Corporation shouldfocusoninspection, monitoringthe implementation ty le keo bong da each unit to improve business performance ty le keo bong da March, creating momentum for business performance ty le keo bong da the second quarter of 2016.

From the cumulative results of the first 2 months, 2016 is considered having manypositive signals compared to the same period ty le keo bong da 2015, the Corporation has achieved 9/11 ofthe main targets and exceeded the same periodty le keo bong da 2015. Through thesigned 2016 plancommitmentminutes,right at the beginning of  the year, the Corporation has given strong direction to improve the efficiency of business activities of thoseunitswhich have not achieved goodresults, particularly for Terracotta and Glass Divisions to achieve quality and efficiency as soon asproductionrestartafter the holiday.