Hanoi (VNA) – Prime MinisterNguyen Xuan Phuc has called on young entrepreneurs to make greater efforts to developbig firms and global brands, contributing to turning Vietnam into a strongcountry.

The Government leader made the call duringa reception in Hanoi on December 18 for young entrepreneurs who have beenhonoured with the Red Star Awards, on the occasion of the 20th anniversary ofthe award.

Speaking at the reception, the PM saidmeetings with Red Star Award winners should be held regularly as a channel forthe business community to make recommendations to the Government.

He highlighted that Vietnam has reapedsignificant socio-economic results this year thanks to concerted efforts of theParty, Government and business community.

The Government leader urged theentrepreneurs to capitalise on the digital economy as it holds huge potentialfor growth, and enhance application of scientific-technological achievements,especially artificial intelligence. He also emphasised the need to train a qualityworkforce.

Acknowledging the need to further improvethe business and investment climate, PM Phuc voiced his hope that entrepreneursin general and Red Star Award winners in particular will make recommendationsto the Government on institutional reform for innovation and strongerdevelopment.

He also required relevant agencies andlocalities to continue to create favourable conditions for young Vietnamese entrepreneursin the time to come.

For their part, the entrepreneurs putforwards recommendations on solutions to address current difficulties andimprove the country’s business climate, thus facilitating business operation.

The Red Star Awards, initiated in 1999,aims to honour outstanding young entrepreneurs for their sustainable economicachievements and contributions to social development./.