National brand award to honour 88 businesses hinh anh 1Officials announced the list of businesses to be honoured (Source: VNA)

Hanoi (VNA) – Up to 88 businesses will be presented with the “Vietnam Value Award 2016” in recognition of their national strong brand names on November 30, officials have announced. 

Deputy Director of the Trade Promotion Agency Do Kim Lang said, out of the 88 businesses, 23 firms have won the awards for five consecutive times, including Viet Tien, An Phuoc, Saigon Beer-Alcohol-Beverage JSC (Sabeco), Vina Coffee; Commercial Bank for Foreign Trade of Vietnam JSC (Vietcombank); Biti’s; Vietnam Posts and Telecommunications Group (VNPT), and Saigon Jewelry JSC (SJC).

Worthy of note, 26 enterprises reported annual revenues of at least 5 trillion VND (220 million USD) and 70 others earned at least one trillion (44 million USD) per year, Lang said, adding that some small-sized companies will be also honoured for their efforts to invest in new fields such as biotechnology and hi-tech.

The organisers said this year’s award winners operates in various fields such as engineering, machinery and equipment; garment-textiles and footwear; electronics, information technology and telecommunications; agriculture, forestry and seafood; finance and banking; food and beverages; trade services; construction and real estate. 

In 2015, their combined revenues exceeded 662 trillion VND (29.1 billion USD), up nearly 20 percent from the figure in 2013. They exported over 2 billion USD worth of goods, contributed over 59 trillion VND (2.6 billion USD) to the State budget, and created jobs for nearly 500,000 labourers.

The enterprises also donated over 2.3 trillion VND (102 million USD) to charity activities last year./.