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Outstanding successful businesses honoured for achievements

Ten outstanding businesses were honoured at a ceremony in Hanoi on Wednesday night for their employment successes, as part of activities to mark the Vietnam Entrepreneurs Day (October 13).

The cup winners were Moc Chau Tea Company, Nui Beo Coal Company, Ford Vietnam, Song Da No10 Company, Construction Company No47, Bank of Investment and Development of Vietnam, Viet Tien Garment Company, Soc Trang Foodstuff Company, Nghi Son Cement Company, and Viet Vinh Shoe Company.

To win the cup, award winners must prove that they have operated efficiently and established good relations with their employers.

Cu Thi Hau, president of the Vietnam General Confederation of Labour, congratulated the 10 honoured businesses and thanked the Vietnamese business community for their close co-operation in utilising and creating jobs for employees.

Nguyen Van Thao, deputy general secretary of the Vietnam Chamber of Commerce and Industry (VCCI), said this is the first time such an awards ceremony has been held and it will now be held annually to mark Vietnam Entrepreneurs Day. The ceremony is a chance for society to honour outstanding Vietnamese businesspeople and show their responsibilities towards national development.

The country now has nearly 3,000 State-owned enterprises, 189,000 private enterprises, nearly 6,000 foreign-invested enterprises and 2.6 million individual traders.

Last year, thousands of enterprises were awarded for their export and humanitarian achievements with such titles as Red Star Awards, Gold Star Awards, Glory Vietnam and Enlightening Business Talents.

*** Last year Prime Minister Phan Van Khai decided to observe October 13 as the Vietnam Entrepreneurs Day to honour, support and help businesspeople move forward in national construction and development.

During the Doi Moi (Renewal) process, many successful enterprises have emerged, contributing significantly to the country’s sustained economic growth.

Nguyen Cong Cuong, president of the Management Board and director of NCC Gold Joint Stock Company, recalled that he had worked for foreign enterprises for 11 years and gathered a lot of experience in business operations and management from these enterprises. He decided to establish the NCC Gold Joint Stock Company specialising in providing counselling services and promoting product trademarks for businesses. The company has obtained significant successes and has become a young well-known entrepreneur.

To obtain successes, Mr Cuong said, in addition to enterprises’ efforts, a favourable business environment and other State preferences for enterprises are very important. He said he is lucky to have the chance to live in peace and stability to develop his abilities.

"As young businesspeople, we would like to thank the Party and State for creating a favourable environment and direct dialogues so that we can express our opinions and aspirations," said Mr Cong.

Phuong Huu Viet, chairman of Hanoi’s Young Entrepreneurs Association, said that he is happy that the Government acknowledged enterprises’ contributions and that after a hard working year, enterprises now have their traditional day.

Hundreds of overseas Vietnamese businesses have returned home to explore the investment environment for future co-operation plans. Many of them have established enterprises or joint ventures with domestic enterprises.

In addition to their operations, businesspeople actively engage in social humanitarian activities such as raising funds for the poor and flood victims, thereby helping raise their image in society.

VOV - (13/10/2005)

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