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Sixty-eight excellent young startup entrepreneurs honoured

Sixty-eight businesspeople were honoured as excellent young startup entrepreneurs of 2018 at an award ceremony held in Hanoi on August 27.

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sixty-eight excellent young startup entrepreneurs honoured hinh 0

The top ten among those were also announced, including Do Thi Hoai, chairwoman of the executive board of Vietnam CHC Development JSC (Hanoi); Nguyen Thi Vu Hien, director of Thang Long gas trade & development JSC (Thai Nguyen); and Duong Long Thanh, director of Thang Loi real estate JSC (HCM City).

These 68 businesspeople were chosen from hundreds of nominees across the country through three rounds of selection. 

In 2017, together they generated VND2.865 trillion (US$123.19 million) in revenue and VND147 billion (US$6.32 million) in profit, contributed VND91 billion (US$3.91 million) to the State budget, and created 4,100 jobs. The figures for the top ten entrepreneurs were respectively VND1.231 trillion (US$52.93 million), VND75 billion (US$3.22 million), VND55 billion (US$2.36 million), and 1.637 jobs.

Speaking at the award ceremony, First Secretary of the Central Committee of the Ho Chi Minh Communist Youth Union Le Quoc Phong said the Party, Government and State has paid significant attention to promoting business development  and roles of businesspeople in national construction.

He noted the award aims at encouraging young Vietnamese people to launch their own startups, thus turning the country into a startup nation.

The programme to select and award excellent young startup entrepreneurs has been organised since 2015 by the Vietnam Young Entrepreneurs Association. To date, it has honoured 300 businesspersons from different sectors across the nation.

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