The ten most outstanding entrepreneurs were also announced at the ceremony.
According to Chairman of the Vietnam Young Entrepreneurs’ Association Bui Van Quan, the young enterprises owned by the awarded entrepreneurs generated VND4.55 trillion in revenue in 2015, a rise of 47.4% compared to 2014.
The firms are also employing about 10,000 labourers, he noted.
Meanwhile, National Assembly Vice Chairman Uong Chu Luu applauded the young businesses, saying that such an award not only honours the creativeness, skill and social responsibility of the entrepreneurs, but also encourages the youth across the nation to launch their own startups.
He said the awarded will continue to work for improved trademarking and competitiveness of Vietnamese businesses, while making further contributions to social work.