1995

Establishment of a float glass company in Vietnam

Vietnam Float Glass at present
Vietnam Float Glass at present
NSG Vietnam Glass Industries at present
NSG Vietnam Glass Industries at present

Vietnam began its “Doi Moi” reforms in 1986, which among other things resulted in rapid economic growth. In March 1995, the company established Vietnam's first float glass manufacturing company, Vietnam Float Glass Co., Ltd., as a joint venture with a local company, and in spring that year began construction of a plant on the outskirts of Hanoi. However, as a result of the Asian currency crisis, operations did not begin until May 1999, a year and a half later than planned. After the crisis, the Vietnamese economy continued to develop, and the company established NSG Vietnam Glass Industries Ltd. outside Ho Chi Minh City. In May 2008, a new float line entered into operation. It now produces solar energy glass as well as technical glass.