Viet Nam's Nha Phuong won the Impressive Actress Award, while South Korea's Kang Tae-oh won the Impressive Actor award. The series also won the New Impressive Series award.
Co-produced by Viet Nam Television's (VTV) Film Centre and South Korea's CJ E&M Pictures, Forever Young earned the highest ratings among the programmes aired at the same time.
The 36-episode series tells about the lives, dreams and choices of young Vietnamese students who study in Seoul and struggle with conflicting emotions of friendship and love.
It was also screened on Korean cable channel Story On. An English version of the series will be also aired on Channel M, which broadcasts to Southeast Asia, Australia, Chinese Hong Kong and Taiwan.
Artist Tran Thanh won the Impressive MC and Impressive Comedian awards. Other award winners include pop singer My Tam, music show The Remix, and reality shows Change Life and The Seventh Wish.
South Korean actor Kang Tae-oh was named as the Impressive Actor.
Vo Thi Ngoc Nu, a guest actor of The Seventh Wish, won the Impressive Guest award. Nu, 26, is from Da Nang and suffers from a white blood disorder. She won the audiences' hearts with her optimism.
While receiving the VTV Award, which was quite a surprise for her, she said she would try her best and always hope for a better life.
Held on the occasion of the 45th anniversary of Viet Nam Television, the awards were launched in April. Audience votes decided 14 awards.
