The Red Star Awards – Outstanding Young Vietnamese Entrepreneurs are noble awards of the Ho Chi Minh Communist Youth Union Central Committee, the Viet Nam Youth Federation Central Committee, and the Viet Nam Young Entrepreneurs Association, presented to excellent young entrepreneurs who have made significant contributions to the country’s socio-economic development.
Red Star Awards — A symbol of Vietnamese aspiration
Established in 1999, at a time when society’s view of entrepreneurs was still full of prejudices, the Red Star Awards were a bold and visionary initiative. The awards not only recognise business achievements but also honour the spirit of dedication, innovation, and service to the nation of generations of young Vietnamese entrepreneurs.
From the first ten Red Star winners who directly received the award from late General Secretary Le Kha Phieu in 1999, through the 13 editions to the present day, the Red Star Awards – Outstanding Young Vietnamese Entrepreneurs have selected and honoured more than 600 outstanding young entrepreneurs, including 127 who have been granted the Red Star Award. They are pioneers in many sectors such as industry, trade, agriculture, finance, technology, and clean energy.
Many of them are now leading major Vietnamese enterprises, creating jobs for hundreds of thousands of employees, with total assets worth trillions of VND and annual revenues reaching hundreds of trillions of VND. These figures are not merely numbers, they represent the vitality, intellect, and resilience of Viet Nam in a market economy. “Red Star is not just a title or an award, it is a spirit — the spirit of daring to be different, to serve, and to dedicate,” shared Dang Hong Anh, Chairman of the Viet Nam Young Entrepreneurs Association.
From the first ten Red Star winners who directly received the award from late General Secretary Le Kha Phieu in 1999, through the 13 editions to the present day, the Red Star Awards – Outstanding Young Vietnamese Entrepreneurs have selected and honoured more than 600 outstanding young entrepreneurs, including 127 who have been granted the Red Star Award.
Throughout its 26 years, the Red Star Awards have accompanied all the ups and downs of the national economy. In the early years of the 21st century, it encouraged entrepreneurship and innovation in business models. During the 2010–2020 period, it made its mark in the period of deep international integration, as Viet Nam joined the World Trade Organisation (WTO) and signed a series of free trade agreements. Today, Red Star enters a new era — the era of digital transformation and sustainable development. The award now not only honours achievement but also encourages entrepreneurs to pioneer in digital transformation, green economy, and innovation. Many Red Star enterprises are investing strongly in new industries such as clean energy, semiconductors industry, financial technology, smart logistics, and global supply chains.
“The new Red Star generation not only excels in business but also has social responsibility, contributing to building a prosperous Viet Nam,” Dang Hong Anh said.
From this inheritance, Red Star today is not only a “measure of success” but a measure of Vietnamese values. Each Red Star entrepreneur tells a story of trust and aspiration, contributing to the identity of Vietnamese entrepreneurs in the era of globalisation.
Red Star 2025 — Opening a new generation of entrepreneurs
As Viet Nam’s economy integrates globally and enters the era of digitalisation and green development, the Red Star Awards have become a symbol of a new generation of young entrepreneurs — those leading and creating new opportunities for the nation.
Viet Nam stands at the threshold of a new age — an era of digital transformation, green technology, and the knowledge economy. In the context, the Red Star Awards 2025 – Outstanding Young Vietnamese Entrepreneurs not only provide an occasion to honour successful individuals but also to share a strong message: Vietnamese entrepreneurs are the pioneering forces opening new opportunities for the country.
The year 2025 marks the 26 years of establishment and development of the Red Star Awards — a journey affirming the courage and aspirations of Vietnamese entrepreneurs. While the first generation of Red Star winners were market trailblazers who laid the foundations for the private sector, today’s Red Star generation are pioneers of the digital and creative era, in which knowledge, technology, and social responsibility become new standards of competitiveness.
“Red Star today is not just a title, it is a mission. We want to honour those who are creating change — from thinking and technology to corporate culture,” said Dang Hong Anh, Chairman of the Viet Nam Young Entrepreneurs Association.
Generation of knowledge intellectual entrepreneurs — pillars of the digital economy
With the wave of digital transformation and global integration, generations of young Vietnamese entrepreneurs have fundamentally changed business thinking. Previously, their goals of expanding scale and revenue growth, today they focus on creating new value, sustainability, and globalisation.
Among the 100 outstanding young entrepreneurs selected for the 2025 awards, many come from emerging sectors such as artificial intelligence (AI), blockchain, renewable energy, smart logistics, and high-tech agriculture. Some entrepreneurs are running enterprises with revenues of hundreds of trillions of VND, and others manage firms with total assets worth trillions of VND or have successfully brought Vietnamese products to international markets.
They are evidence of the dynamic transformation of the new Red Star generation, who are masters of technology, have a global mindset, and are courageous in innovation to shape the future of their professions.
The distinguish of the 2025 Red Star Awards is the combination of traditional bravery and creative thinking of digital age. “We not only seek to honour entrepreneurs with outstanding business achievements but also those with courage, those who dare to create trends and change. They not only run businesses but also shape the future of professions and inspire a new generation of entrepreneurs who aspire to bring Viet Nam to the world,” said Dang Hong Anh, a Red Star 2008 entrepreneur.
From honour to action — New journey of young Vietnamese entrepreneurs
In the context of the globe strongly shifts towards a knowledge economy and green development, the role of young entrepreneurs is becoming increasingly vital. They are dynamic, technologically adept, and key factors of Viet Nam’s transformation in growth models.
According to the plan, the award ceremony of Red Star 2025 – Outstanding Young Vietnamese Entrepreneurs will take place in Ha Noi on November 26, honouring 100 outstanding young entrepreneurs, including the 10 most excellent faces to be presented the Red Star Award 2025.
The Red Star Awards are therefore not only an honouring event but also a convergence of intellect, bravery, and spirit of action. Along with the Sao Do Awards, the Viet Nam Young Entrepreneurs Association is implementing strategic programmes: investment connection – innovation linkage, digital transformation in the young business community, and green business development. These initiatives aim to build a dynamic and sustainable ecosystem ready for global integration.
According to the plan, the award ceremony of Red Star 2025 – Outstanding Young Vietnamese Entrepreneurs will take place in Ha Noi on November 26, honouring 100 outstanding young entrepreneurs, including the 10 most excellent faces to be presented the award Red Star 2025. More than just an awards ceremony, this year's event is also being held as a forum for innovation. Accompanying activities will include exhibitions showcasing products, goods, and services of Red Star enterprises, as well as activities of trade promotion and investment cooperation signings — this will help spread the Red Star spirit widely among the business community.
From its first steps on the path of integration to its aspiration to conquer global value chains, the Red Star Awards have become a symbol of the bravery and vision of Vietnamese entrepreneurs.
