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Top firms win Golden Dragons

Eighty foreign-invested enterprises which have performed well and provided good products and services favoured by consumers were conferred with the Golden Dragon Award in Hanoi on Jan.23.
Eighty foreign-invested enterprises which have performed well andprovided good products and services favoured by consumers were conferredwith the Golden Dragon Award in Hanoi on Jan.23.

The enterprises were recognised for their excellent performance in 2010in the fields of finance, banking, real estate, services, constructionand the automobile industry, among others. Several well known names werehonoured such as Samsung Electronics, Ferroli Indochina, Ford,Mercedes-Benz Vietnam and Coca-Cola.

Speaking at theawards ceremony, Dao Nguyen Cat, editor-in-chief of Vietnam EconomicTimes, said that the award winners had made a significant contributionto the country's economic structure and increased its industrialproduction capacity.

"This shows the faith of foreigninvestors in the sustainable development of Vietnam ," Cat said,adding that they had also contributed to speeding up technical transferand administrative procedure reforms, and improved the transparency ofthe country's investment climate.

Deputy director ofFerroli Indochina Co, Ltd Dang Dinh Gia said that the awards encouragedVietnamese enterprises to improve the quality of their products andservices and create a positive image for made-in-Vietnam products in theworld market.

Figures from the Ministry of Planning andInvestment showed that last year, FDI capital accounted for 25.8 percentof the total investment capital and foreign-invested enterprisesexported 38.8 billion USD worth of goods, accounting for 53.1 percent ofthe country's total export turnover.

The annual prize isgranted by the Ministry of Planning and Investment's Foreign InvestmentAgency and Vietnam Economic Times to honour contributions made byforeign-invested enterprises to the Vietnamese economy. This is the 10thconsecutive year the awards have been held./.

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