Permanent Deputy Prime Minister Nguyen Hoa Binh and First Secretary of the Central Youth Union Bui Quang Huy presented the Top 10 Golden Stars of Vietnam awards to businesses. (Photo: Minh Duc/VNA)

On the evening of December 24, in Hanoi, the Central Committee of the Vietnam Youth Union and the Central Committee of the Vietnam Young Entrepreneurs Association held the 2024 Vietnam Golden Star Award Ceremony.

Attending the ceremony were Politburo member, Secretary of the Party Central Committee, Permanent Deputy Prime Minister Nguyen Hoa Binh and representatives of leaders of a number of ministries, branches and central agencies.

Launched in July 2024, the Vietnam Golden Star Award continues to affirm its pioneering role in developing national brands.

Chairman of the Vietnam Young Entrepreneurs Association Dang Hong Anh said that after selecting from provinces, cities and units, 293 enterprises from 53 provinces and cities across the country were nominated to participate in the Award.

Through a scientific, transparent and objective voting process including preliminary rounds, actual assessment and final selection, the Voting Council has selected the Top 10 - Top 100 - Top 200 Golden Star brands of Vietnam in 2024. In which, the Council has selected 20 most typical enterprises of industry and product groups to vote by secret ballot to select the Top 10.

Enterprises are selected based on the main criteria of total assets, equity, total revenue, budget contribution, profit after tax, profit margin/equity contribution, number of employees... The 200 enterprises winning the Vietnam Golden Star Award 2024 have total assets in 2023 of 8 million billion VND; revenue in 2023 of 799,000 billion VND, profit of 115,000 billion VND, budget contribution of 65,000 billion VND and creating jobs for 405,000 employees.

The Top 10 Golden Stars of Vietnam 2024 alone have total assets in 2023 of nearly 2.5 million billion VND, revenue in 2023 of 230,000 billion VND, profit of 36,500 billion VND, budget contribution of 19,000 billion VND and creating jobs for 106,000 workers.

Top 10 Golden Stars of Vietnam 2024 include the following brands: FPT Joint Stock Company (FPT); Phu Nhuan Jewelry Joint Stock Company (PNJ); Vietnam Joint Stock Commercial Bank for Investment and Development (BIDV); Vietnam National Shipping Lines - JSC (VIMC); Tan A Dai Thanh Group Investment Joint Stock Company (TAN A DAI THANH); Stavian Chemical Joint Stock Company (STAVIAN CHEMICAL); KIDO Group Joint Stock Company (KIDO GROUP); Khang Dien House Investment and Trading Joint Stock Company (KHANG DIEN); Danang Rubber Joint Stock Company (DRC); Traphaco Joint Stock Company (TRAPHACO).

The 200 brands awarded the Vietnam Golden Star Award in 2024 - especially the Top 10 - are all strong, large-scale, and prestigious brands in the market. Many businesses have pioneered in production and business, implementing new development trends and requirements, promoting and effectively applying digital transformation and green transformation. have very modern management systems.

Permanent Deputy Prime Minister Nguyen Hoa Binh speaks. (Photo: Minh Duc/VNA)

Affirming that the Party and State always attach importance to and appreciate the role of enterprises, considering them an important driving force for the country's economic development and growth, Permanent Deputy Prime Minister Nguyen Hoa Binh emphasized that the 2024 Vietnam Golden Star Award Ceremony is not only an occasion to honor outstanding entrepreneurs but also an opportunity to look back at the proud achievements that entrepreneurs have contributed to the country.

The Deputy Prime Minister assessed that the business community has demonstrated a proactive and creative spirit, constantly striving to adapt to market changes, seizing opportunities, overcoming challenges, and affirming its position domestically and internationally. The achievements of the award-winning entrepreneurs and businesses are the clearest evidence of that spirit. The award is not only an occasion to honor but also a deep gratitude for the outstanding contributions of the business community, including the young business community.

In order for Vietnamese entrepreneurs and businesses to continue to make breakthroughs in the era of national development, the Deputy Prime Minister reminded businesses and entrepreneurs to continue to grasp the world situation, thereby proactively adapting; promoting new trends, new technologies and bringing sustainable values.

Entrepreneurs need to constantly innovate, create, and seek new solutions to old problems; invest in research and development, create an environment that encourages creativity; apply technology and digital transformation, invest in smart management systems, exploit e-commerce systems, etc.

Entrepreneurs need to strive to improve their skills and those of their teams; aim for sustainable development, apply green business models and circular economy to businesses, contributing to minimizing negative impacts on the environment; build policies to develop businesses that are socially responsible...

Emphasizing that the criteria for evaluating the glory of entrepreneurs are measured by compliance with the law, the ability to create jobs for workers, and contributions to the budget through taxes and social security activities, Deputy Prime Minister Nguyen Hoa Binh expressed his belief that with their dynamism and creativity, entrepreneurs, especially the young generation of entrepreneurs, will continue to make great contributions to the overall development of the country.

At the ceremony, in addition to honoring brands in the Top 10, Top 100, Top 200, the Organizing Committee also honored the Top 20 most typical brands of product groups.

After 21 years of implementation (2003-2024), the Vietnam Golden Star Award has become the pride of Vietnamese enterprises in international integration, and has been especially recognized by society and the business community. Up to now, through 14 times of organization, the Vietnam Golden Star Award has voted and honored 2,527 typical Vietnamese brands and products./.

According to vietnamplus.vn