The awards help local enterprises improve the quality and competitiveness of their products and services.
About 116 Vietnamese enterprises were honored with the Vietnam National Quality Awards 2019-2020 thanks to remarkable achievements.
Vice State President Vo Thi Anh Xuan attends the award ceremony on April 25. Photo: MoST |
Addressing the awarding ceremony on April 25 in Hanoi, Minister of Science and Technology Huynh Thanh Dat said that the winners were outstanding enterprises with the high spirit of innovation who have applied advanced solutions to improve products and services. “The awards are prestigious prizes, which are approved by the prime minister,” he said.
Over the last two years, the award winners earned VND192 trillion (US$8.3 billion) in revenue, with profit of VND17 trillion (US$739.7 million). They contributed a total of VND7 trillion (US$304.4 million) to the state budget.
The ministry will continue to build policies so help local enterprises better enjoy preferential treatment on market access and development, improving the workers’ qualification and capacity.
The ministry will also build a national standard to level up the awards’ value and significance. “We will enhance promoting the awards in the coming time,” Dat said.
From the winner’s view, Montri Suwanposri, General Director of C.P Vietnam, said that the criteria of the awards will help the company be aware of advantages and weaknesses, opportunities and challenges. Then, the enterprise will have solutions for improving its capacity and set roadmap for sustainable development.
Over the past 25 years, more than 2,000 enterprises have won the awards, including 240 receiving the golden prize. Among the winners, 50 Vietnamese companies were honored with the Global Performance Excellence Awards.
Other News
- IT training urged to focus on semiconductors
- Hanoi Great Souvenir Fair 2024 to take place next week
- As orders rise, Vietnamese textile firms see better prospects in 2024
- C.bank to auction nearly 17,000 gold taels on April 22
- Trade ministry proposes purchasing renewable electricity mechanisms without EVN’s involvement
- Australia and Vietnam develop competitive electricity markets
- Vietnam, Thailand advance realization of “Three Connections” strategy
- Vietnamese Gov’t to expand list of electricity buyers under direct power agreement scheme
- Viettel opens largest data center in Vietnam to support AI development
- Vietnam’s economy expected to grow at solid pace in 2024-2025: ADB
Related News
Trending
-
Capital Law revision helps Hanoi promote role as nation’s socio-economic hub
-
Vietnam news in brief - April 25
-
Vietnamese contemporary ballet celebrates Europe Day
-
IT training urged to focus on semiconductors
-
Voluntary social security should cover larger part of informal sector: Experts
-
ASEAN Future Forum 2024: Promoting regional centrality
-
Central bank moves gold auction to tomorrow
-
[Video]Hanoi beauty spots featured in saxophone legend Kenny G's music video
-
Colorful stage shows in Hoan Kiem Lake pedestrian area