It's celebration time for winners of the 2014 Retail Asia-Pacific Top 500 Awards.

Nguyen Ngoc Hoa (left), executive chairman of Saigon Co.op, winner of the Best-of-the-Best Award, posing for a photo with Opium CEO James Lee.

Courts Asia marketing director, Jasmine Seow, receiving the award from Opium's James Lee.

Chelo Monasterio, president of SM Retail (Philippines), accepting the Gold Award from Opium's James Lee.

The Silver Award winner: Vivian Que-Azcona, president of Mercury Drug Corporation (Philippines).

A toast to more success: James Lee, Opium's CEO; Danny Kojongian, director of Corporate Communication, Matahari Putra Prima; Vincent Sim, senior director, Marketing & Business Development, Singtel Group Digital L!fe; and Andrew Yeo, publisher & editor, Retail Asia Publishing.

Hope Gokongwei-Tang, director of Robinsons Retail Holdings and general manager of Robinsons Appliances, receiving the award on behalf of Robinsons Retail Group (Philippines) from Opium's James Lee.

Michael Huang receiving Distinction Certificate for Rustan Group, Philippines.

Poon Chu Onn receiving Distinction Certificate for Harvey Norman, New Zealand.

Top 500 Best-of-the-Best Award Winners in a Group.