Sao Mai Group CEO Named Outstanding Entrepreneur 2019

11:43:08 AM | 15/10/2019

In the framework of the celebration of the 15th anniversary of Vietnam Entrepreneurs Day (October 13) and the commemoration of 74 years of Uncle Ho's letter to industrialist and commercialists, the Vietnam Chamber of Commerce and Industry (VCCI) hosted the award ceremony granting the Entrepreneur of Vietnam 2019 title to 100 outstanding entrepreneurs across the country.

Speaking at the ceremony, Prime Minister Nguyen Xuan Phuc stressed “Over the past 30 years, we have made a great story of overcoming poverty, and in the next 30 years, we will continue to write another story of a powerful and prosperous Vietnam. He affirmed that the Party and State will further accelerate institutional reforms, reach top-class standards of the region and the world to create an environment and a foundation for rapid and sustainable business and entrepreneur development.

Among named outstanding Vietnamese entrepreneurs are Mr. Le Thanh Thuan - General Director of Sao Mai Group, Mr. Tran Trung Hung - General Director of Viettel Post, and Mr. Do Quang Hien - President and General Director of T&T Group.

Mr. Le Thanh Thuan, the founder, President and General Director of Sao Mai Group, has successfully led Sao Mai from a small company to a multi-business corporation.

Sao Mai Group currently has more than 10,000 employees working in 17 member companies. The group has been stepping up many key business strategies like real estate, aquaculture - export processing, tourism services, training - manpower export, cooking fish oil - the first of its kind in the world, and renewable energy. In the coming time, Sao Mai Group will invest in health services. The firm is currently carrying out the largest food export processing project in the region.

Sao Mai Group has aimed to become a top 20 corporation of Vietnam. It will focus on such key fields as real estate, fishery, tourism service, training and manpower export, refined fish oil (Ranee) and renewable energy. In addition, it will study investment in other industries such as health, education and high quality food production. By 2025, the firm targets total assets of VND35 trillion and total revenue of VND30 trillion.

Being awarded the Outstanding Entrepreneur of Vietnam title - Thanh Giong Cup, Mr. Le Thanh Thuan reaffirmed the growth and important role of Sao Mai Group to the country's economy. Over 20 years of development, the group has excelled in all aspects of operation such as construction, business development, and socioeconomic development contribution and employee livelihood improvement.

Outstanding Entrepreneur of Vietnam title - Thanh Giong Cup was launched by Vietnam Chamber of Commerce and Industry (VCCI) in 2005. This title is awarded to 100 outstanding entrepreneurs nationwide every three years. In 2019, VCCI in collaboration with the Central Committee of the Vietnam Fatherland Front, the Vietnam General Confederation of Labor, the ILO Office in Vietnam, the International Chamber of Commerce (ICC) and World Chambers Federation set up a National Steering Committee for recognizing the best Vietnamese Entrepreneurs in 2019.

Quoc Hung