Politburo member To Huy Rua (L) and National Assembly vice chairwoman Nguyen Thi Kim Ngan (R) congratulate one of the award winning entrepreneurs (Photo: Thanh Nien)

The Vietnam Young Entrepreneurs’ Association hosted a ceremony in Hanoi on Saturday to honor 200 leading Vietnamese businesses with the Vietnam Gold Star 2011 awards.

So far this year, the 200 businesses have created a combined turnover of over VND703 trillion (US$33 million), contributed VND46 trillion to the state budget and provided jobs to 380,000 people.

Ten of these businesses are now amongst the top leading brands in Vietnam. They are FPT, Thaco, Tisco, Viet Tien, Trung Nguyen coffee, Vietinbank, Eurowindow, Vissan, Phu My Fertilizer and DRC.

For the first time, the association honored ten businesses for their outstanding contributions in fulfilling their social responsibilities. The businesses set excellent examples in good management policies and worked towards environmental protection.