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| Chairman of the Vietnam Small and Meium-sized Enterprises Association Cao Si Kiem presents the Golden Dragon Awards to honored businesses, Hanoi, March 16, 2013 |
Editor-in-Chief of the Vietnam Economic Times Dao Nguyen Cat said in general, foreign investors are ready to share difficulties and pledge to pursue long-tem investment in Vietnam.
Foreign enterprises are becoming increasingly important part of the national economy and honoring them is a kind of acknowledgement and encouragement, he added.
Chairman of the Vietnam Small and Medium-size Enterprises Association Cao Si Kiem said that 2013 is still a difficult year for investors but the business environment will improve as the Government’s solutions adopted a year earlier are taking effect.
Last year, foreign investors poured over US$13 billion in Vietnam and the disbursed volume reached US$10.5 billion. This is an encouraging signal amid global economic hardship.
The sector’s export value stood at US$73 billion, equivalent to 66% of the country’s total export turnover.
During the ceremony, 100 domestic enterprises were also honored for their efforts in overcoming a series of difficulties in 2012. Typical enterprises include Ngo Gia Tu One-member Co. , Ltd, Viet Tien Garment Joint Stock Corporation, and Vincom Joint Stock Company.
