Among those companies honoured, 17 were given the gold medals, while the remainder received the silver.
In addition, the Ba Ria Vung Tau Urban Sewerage and Development Co.Ltd (BUSADCO), the Tien Phong Plastic Joint Stock Company, and theAgrimex Nghe An Joint Stock Company were presented with the 2012 GlobalPerformance Excellence Award (GPEA) by the Asia-Pacific QualityOrganisation (APQO).
Speaking at the ceremony, Deputy PrimeMinister Nguyen Thien Nhan stressed that the award is the recognition ofVietnamese enterprises’ efforts in a difficult economic situation.
He expressed his hope that it will drive Vietnam’s 400,000 activebusinesses to improve product quality and to build a good reputation indomestic and international markets.
It is also necessary to improve the award’s quality to attract more enterprises to compete, he added.
Award winners were selected on criteria, which are similar to seven criteria of the US Malcolm Baldrige Award.
More than 1,400 businesses have been presented certificates of merit since the awards were launched in 1996.-VNA