Viet Nam Youth Enterprise Association has organized a prestigious ceremony to award the prize of Red Star 2005 to the 10 best young businessmen in Vietnam.

The young entrepreneurs who were all under 40 years old to receive the Red Star Award were : Mr. Pham Dinh Doan - the General Director of Phuthai Co., Ltd, Mr. Pham Chien Thang - the Head of Board of Director and the CEO of Elcom investing and developing join stock company (Hanoi) , Mr. Dao Toan - the Chairman of PG (Hai Phong), Mr. Hoang Chau Long - the General Director Hoang Long Co., Ltd. (Tuyen Quang), Mr Hoang Thai Hoc - the General Director of Thai Nguyen Joint Stock Steel Company (Thai Nguyen), Ms Nguyen Thi Vinh - the Deputy General Director of Thai Hung Joint Stock commercial Company (Thai Nguyen), Mr. Do Xuan Dien - the Director of Ky Ha-Chu Lai development and investment Company (Quang Nam), Mr. Truong Vi Kien - the General Director of Tan Cuong Thanh Cable Company, Mr. Nguyen Bach Duong - the General Director of Song Da Joint Stock Company, Mr. Trinh Xuan Khiem - the Head of Board of Director and the CEO of Hanoi spare part company (belonging to Ministry of Trade). The Viet Nam Youth Enterprise Association also gave away nine gold cups to nine other young businessmen. During the meeting, the Association organized a donation campaign to collect money to build 500 houses for poor families in the mountainous areas, support 300 teenagers who were victims of Dioxin. Upon the call for support, there was a young businessman who immediately responded by contributing over 1.2 billion VND for these significant activities. (According to Enterprise reviews)