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VGC - New investment projects bring bright outlook - Retail Research

We visited VGC’s construction materials factories and industrial parks in both the North and South of Vietnam and saw many high potential investment projects. New ultra-white glass factories will provide solid leading position in the building glass sector. My Xuan factory creates head room for sanitary ware. Tile focuses more on fast growing granite than on ceramic tiles. VGC’s management guides PBT to grow at CARG of 14.7% from 2017 – 2020 on the back of new factories