Entrepreneurs and enterprise are a vanguard force in thenational renewal and the international integration process, bringingthe country to the same level as others in the world, said PermanentDeputy Prime Minister Nguyen Sinh Hung.
Deputy PM Hung praised the business circle at a ceremony to present theGolden Star Award to 200 outstanding Vietnamese trademarks in Hanoi onSept. 2.
He said the country stopped the economic slowdown and its economy isgradually recovering, with an eye towards modernisation, an achievementonly possible with the marked contributions of entrepreneurs across thecountry, especially young ones.
The Golden Star Award 2009, the seventh of its kind, also honours the Top 10 and Top 100 among the 200 trademarks.
Top 10 trademarks must excel in seven indexes, including transparency,revenue, rate between benefit and owned capital, growth rate, thenumber of workers, contributions to the State budget and socialcharity, and management capacity, as well as capacity in risk controland sustainable development.
This year’s Top 10 trademarks were presented to the Bank forAgriculture and Rural Development of Vietnam, the Saigon JewelyCompany, the PetroVietnam Fertilizer and Chemicals Corporation, theTruong Hai Automobile Joint Stock Company, the Viet Tien Garment JointStock Company, the Kinh Bac Urban Development Corporation, theVietnam-Italy Steel Joint Stock Company, the Gentraco Joint StockCompany, the Vietnam Electricity Cable Joint Stock Company and the HoaSen Corporation.
This year’s 200 recipients have a combined revenue of 453 trillion VND(25.1 billion USD) and an export turnover of 1.8 billion USD. Theycontributed over 34 trillion VND (nearly 1.9 billion USD) to the Statebudget and created over 305,000 jobs.
According to the Vietnam Young Entrepreneurs’ Association, whichorganised the event, businesses benefit from the award as it publicisestheir product lines, promotes their prestige and helps them integrateinto the world economy.
On the occasion, the Vietnam Young Entrepreneurs’ Association willpublish a book of the top trademarks wining the Golden Star award, andorganise a trade fair.
Initiated in 2003, after six years, the Golden Star Award has becomeone of the biggest, most prestigious programmes for trademark promotionin Vietnam .
So far, 1,127 brands and products have received the award.
Many among the award winners later recorded growth rates of between150-200 percent, as well as expanding business and opening more outletsto new markets worldwide./.
Deputy PM Hung praised the business circle at a ceremony to present theGolden Star Award to 200 outstanding Vietnamese trademarks in Hanoi onSept. 2.
He said the country stopped the economic slowdown and its economy isgradually recovering, with an eye towards modernisation, an achievementonly possible with the marked contributions of entrepreneurs across thecountry, especially young ones.
The Golden Star Award 2009, the seventh of its kind, also honours the Top 10 and Top 100 among the 200 trademarks.
Top 10 trademarks must excel in seven indexes, including transparency,revenue, rate between benefit and owned capital, growth rate, thenumber of workers, contributions to the State budget and socialcharity, and management capacity, as well as capacity in risk controland sustainable development.
This year’s Top 10 trademarks were presented to the Bank forAgriculture and Rural Development of Vietnam, the Saigon JewelyCompany, the PetroVietnam Fertilizer and Chemicals Corporation, theTruong Hai Automobile Joint Stock Company, the Viet Tien Garment JointStock Company, the Kinh Bac Urban Development Corporation, theVietnam-Italy Steel Joint Stock Company, the Gentraco Joint StockCompany, the Vietnam Electricity Cable Joint Stock Company and the HoaSen Corporation.
This year’s 200 recipients have a combined revenue of 453 trillion VND(25.1 billion USD) and an export turnover of 1.8 billion USD. Theycontributed over 34 trillion VND (nearly 1.9 billion USD) to the Statebudget and created over 305,000 jobs.
According to the Vietnam Young Entrepreneurs’ Association, whichorganised the event, businesses benefit from the award as it publicisestheir product lines, promotes their prestige and helps them integrateinto the world economy.
On the occasion, the Vietnam Young Entrepreneurs’ Association willpublish a book of the top trademarks wining the Golden Star award, andorganise a trade fair.
Initiated in 2003, after six years, the Golden Star Award has becomeone of the biggest, most prestigious programmes for trademark promotionin Vietnam .
So far, 1,127 brands and products have received the award.
Many among the award winners later recorded growth rates of between150-200 percent, as well as expanding business and opening more outletsto new markets worldwide./.
