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Top 40 companies receive awards for sustainability
Forty foreign-invested companies in HCM City and Binh Duong, Dong Nai and Ba Ria-Vung Tau provinces have been selected for this year's Sai Gon Times Top 40 Awards, which focused on sustainable development.
Ten of the companies are located in each of the four localities that belong to the Southern Key Economic Region.
Criteria for selection included high implemented to registered capital ratio, and effective contribution to community development through social, charity and environment preservation programmes, such as financing education and health care projects.
Support of victims of disasters and human resource training were also considered, according to the media company Sai Gon Times Group based in HCM City.
Phu My 3 BOT Power, Nam Con Son Pipeline, Hikosen Cara and My Duc Ceramics companies, all in Ba Ria-Vung Tau Province, have won the award for five consecutive years.
Phan Huu Thang, head of the Ministry of Planning and Investment's Foreign Investment Agency, said the ministry "appreciated foreign companies that adhere to regulations on environment protection and contribute to social activities."
He also expects the awards will expand to other cities and provinces in coming years. This was the sixth annual Top 40 award.
Viet Nam has more than 9,700 licensed foreign direct investment projects with total registered capital of almost US$150 billion.
For the first 11 months of the year, nearly US$60 billion was registered, which was 41 per cent of the total the country had attracted in the last 20 years.
Viet Nam News
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