Attending the ceremony was deputy secretary of HCMC Party Committee Vo Thi Dung, standing deputy chairman of the city People’s Committee Le Thanh Liem and chairwoman of the Vietnamese Fatherland Front in HCMC together with 500 entrepreneurs from many various fields.
Stating at the event, Mr. Le Thanh Liem appreciated contribution by the community of entrepreneurs in the city’s cause of economic development. For the last many years, the Party and State have had many policies encouraging business development and promoting entrepreneurs’ role in the cause of developing and protecting the country.
The number of businesses in HCMC has unceasingly developed. In the first months of 2019, 32,500 businesses were established with the total registered capital of VND507 trillion (US$21.81 billion), taking the total number of active businesses to over 400,000 with the total registered capital of VND5,500 trillion ($236.61 billion).
The city has become a spotlight in startup and a vivid picture about the operation of the socialist-oriented market mechanism, in which businesses are an important part creating wealth for the society and jobs and contributing in improving the growth quality and competitive ability of the city’s economic sector.
On behalf of the city’s leaders, Mr. Liem appreciated the HCMC Union of Business Association for always siding with businesses to solve difficulties and problems, and building a network connecting businesses together and linking businesses up to government agencies.
Mr. Chu Tien Dung, chairman of the HCMC Union of Business Association, said that it was the second time the association organized the vote for outstanding products and services. That aims to serve the city’s target of developing big brand names and honor those with outstanding products and services, thereby create a driving force for the community of entrepreneurs and businesses to continue overcoming difficulties and challenges to develop and side with the city in economic development.
This year, the ceremony was attended by science and technology businesses especially those applying smart technologies in production and trading of products and services.