Scene at ​a press conference on the 2016 Vietnam Top Trade Services award on April 22, 2017. (Photo: VNA)

Hanoi (VNA) – The 2016 Vietnam Top Trade Services award, which will hounour 103 outstanding firms and individuals, will take place in Hanoi on April 22.

The recipients operate in 11 sectors, with Vietnam committed to opening these markets since the country joined the World Trade Organisation (WTO) in 2007.

Businesses nominated for the award this year are not only found in Hanoi and Ho Chi Minh City but also rural provinces such as Cao Bang, Kon Tum and Lam Dong. These firms have made significant contributions to a number of national campaigns, including the “Vietnamese people prioritise Vietnamese goods” and the “Goods introduction to rural areas”.

Nguyen Huu Quy, deputy head of the award organising board, noted, apart from revenue and profit, a key criterion for winning is earnings yield.

The board said after four months of collecting submissions, it received more than 400 nominations from provincial-level people’s committees and departments for industry and trade, business associations, and individuals.

Of the total, 95 enterprises and 36 businessmen met all criteria set by the board and were eligible for the award.

WTO membership has contributed to boosting Vietnam’s exports by 3.5 times, from 48.6 billion USD in 2007 to 176.6 billion USD in 2016.-VNA