More than 160 FDI and local firms receive Golden Dragon Award and Vietnamese Excellent Brands 2016-17. (Photo: vneconomy.vn)Hanoi (VNA) - Sixty-oneforeign-invested enterprises, along with 100 local firms which have high growthrates and provided superior products and services favoured by consumers,received the Golden Dragon Award and Vietnamese Excellent Brands on April8 in Hanoi.
Initiated in 2001, the awards seek to honourbusinesses for in their operation and contributions to the economy. Inaddition, the firms were recognised for actions taken to protect theenvironment, as well as ensuring the rights of labourers.
The organising board said that thisyear, enterprises which have been in the lead in putting in place policiescalled for in the fourth industrial revolution, were also honoured.
These companies have made great efforts toovercome the difficulties caused by economic crises in the region and theworld. They also have strategic plans to improve their competitiveness, whileremaining active in international integration.
Several well-known names were honoured withGolden Dragon Awards, such as Samsung, Deloitte Vietnam, Unilever and Honda.Others were awarded the Vietnamese Excellent Brands, including VietinBank,VinGroup, Viettel, Vietcombank, Viettel and Vinamilk.
Nguyen Khac Trinh, deputy director of PhuongLinh Company, said a strong brand name has been the precondition for businessdevelopment amidst international integration.
“Companies should have new thoughts andtechnologies, if they want to have a strong brand name,” Trinh said, addingthat companied need to update their machinery to improve the quality of theirproducts, while reducing their costs to consumers.
Theannual prize is sponsored by the Ministry of Planning and Investment’s ForeignInvestment Agency, and the Vietnam EconomicTimes, to honour contributions to thenation’s economy by Vietnamese businesses. This is the 16th consecutive yearthe awards have been handed out.-VNA
VNA
