Complex sentence: In December 2007, Vietnamese State President awarded Lawrence S. Ting, the founding chairman of PMH, posthumously the Friendship Medal of Vietnam in memory of his contributions; this marked the first time the Friendship Medal of Vietnam was given to a foreign businessman.
Split into simpler sentences: In December 2007, Vietnamese State President awarded Lawrence S. Ting, founding chairman of PMH, posthumously the Friendship Medal of Vietnam in memory of his contributions. This was the first time the Friendship Medal of Vietnam was given to a foreign businessman.