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Dr Lam Tai-fai Alumnus, Institute of Textiles and Clothing of The Hong Kong Polytechnic Deputy Chairman, PolyU Council Chairman of the Hong Kong Sports Institute
- 2000 Young Industrialist Award of Hong Kong
- 2000 PolyU University Fellow
- 2001 PolyU Outstanding Alumni Award
- 2004 Doctor of Business Administration honoris causa by PolyU
- 2005 Justice of the Peace
- 2006 Bronze Bauhinia Star by the HKSAR Government
- 2008 Member of Chinese People’s Political Consultative Conference (CPPCC)
- 2009 Standing Committee Member of Henan Provincial Committee of the CPPCC
- 2012 Silver Bauhinia Star by the HKSAR Government
- 2017 Honorary Fellowship by The Education University of Hong Kong
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