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On 20 September 2009, the first Award Ceremony of Vietnam Golden Dragon 2009 was held in Hanoi to present Award “Vietnam Golden FDI” to FDI enterprises operating successfully in Vietnam, as well as outstanding Vietnamese enterprises investing directly in foreign markets.

Speaking at the ceremony, Deputy Prime Minister Nguyen Thien Nhan highly appreciated the initiatives of holding the Award “Vietnam Golden FDI” by the Vietnam Association of Foreign-Invested Enterprises (VAFIE) under the sponsorship of the Ministry of Planning and Investment and the Ministry of Industry and Trade.

Of 1,000 enterprises participating for the awards, 85 foreign enterprise investors and 15 foreign entrepreneurs who had recorded the most outstanding production and business performances in Vietnam were selected according to seven criteria including: business growth, export value, technology development, labor relations, being friendly to the environment, community development and developing human resources.

Vietnam has achieved economic growth and relatively high stability in the past decade as a result of the implementation of a uniform system of state policies designed to attract all human and financial resources at home and abroad, especially the positive effects of foreign direct investment capital.

In the past ten years (from 1988-2008), the total capital of foreign investment reached USD163.6 billion, of which the implemented capital reached over USD59.9 billion. Over 10,000 foreign invested businesses in most sectors of the economyhave created nearly 2 million direct jobs and millions of other indirect jobs. In 2008, FDI sector contributed over 28% of GDP compared with 16% of 2004.

In 2009, in the context of World economic crisis, Vietnam has also set a target to attract about USD20 billion of FDI capital, making up 30% in 2008 and in first 8 months of this year, Vietnam has attracted USD10.4 billion of FDI capital.

Binh Dinh has the honor of a business receiving this award - Binh Dinh Vietnam Malaysia Minerals J. V Co (BIMAL). In 2008, BIMAL also received the Golden Dragon Award.