Eighty foreign-invested businesses from various sectors were presented with the Golden Dragon Award in Hanoi on January 23 for their excellent business performances in 2010.

This annual awards ceremony was organised by the Ministry of Planning and Investment's Foreign Investment Agency and Vietnam Economic Times to honour outstanding FDI businesses.

 At the ceremony, Professor Dao Nguyen Cat, editor-in-chief of the Vietnam Economic Times, said along with the foreign-invested business community in Vietnam, the award winners have made significant contributions to the country's economic structure and enhanced its capacity for industrial production. They have also contributed to accelerating technological transfer, strengthening administration reform and improving transparency in the investment environment.

 The award winners include Honda, LG, Samsung Electronics, Ferroli Indochina, Ford, Toyota, Mercedes-Bez Vietnam, Coca Cola, ANZ, Kinder World and Appolo.

 In 2010, the FDI sector reached US$38.8 billion, accounting for 25.8 percent of the Vietnam’s total amount of investment capital and 53.1 percent of its total export earnings. The sector’s trade surplus hit US$2.4 billion, helping to improve the country’s trade balance and reduce its import surplus.

 

(VOVNEWS)