Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan (R, front row) and Chairman of the municipal People's Committee Nguyen Thanh Phong (L, front row) congratulate outstanding enterprises at the ceremony. (Photo: VNA)

HCM City (VNA) – Up to 99 enterprises and 100 entrepreneurs in Ho Chi Minh City were awarded for their outstanding achievements at a ceremony held in the city on October 13.

The event, which saw the attendance of Secretary of the municipal Party Committee Nguyen Thien Nhan, was organised by the Ho Chi Minh City Union of Business Association (HUBA) to mark the 14th anniversary of Vietnam Entrepreneurs’ Day (October 13).

The awardees were selected among over 500,000 names from a biennial vote. The honoured enterprises included the Saigon Union of Trading Cooperatives (Saigon Co.op); Nha Be Textile Garment Company (NBC); Binh Minh Plastic JSC; and Phu Nhuan Jewelry JSC (PNJ).

Meanwhile, among the 100 outstanding entrepreneurs were Nguyen Dinh Trung, Chairman of the Board of Directors and CEO of Hung Thinh Real Estate Business Investment Corporation; Le Hong Thuy Tien, CEO of Imex Panpacific Group; Le Hong Thang, General Director of Duc Thanh Wood Processing JSC; and Nguyen Manh Hung, Chairman of the Board of Director and General Director of Saigon Textile And Garment Export Import JSC.

According to HUBA Chairman Chu Tien Dung, on an annual basis, these enterprises and businessmen have together earned more than 250 trillion VND (10.7 billion USD) in revenue and contributed close to 20 trillion VND (856.5 million USD) to the city’s budget. They have also created over 130,000 jobs and donated over 500 billion VND (21.4 million USD) to social welfare activities.

Speaking at the ceremony, Secretary of the municipal Party Committee Nguyen Thien Nhan praised the significant contributions of the local enterprises in the past years.

He highlighted the private sector as a key driving force of the socialist-oriented market economy.

HCM City currently houses over 361,000 enterprises and more than 250,000 household businesses.-VNA