Overseas Vietnamese businesses invest about 45,000 billion VND in Ho Chi Minh City

DNHN - On September 7, Ho Chi Minh City's Committee on Abroad Vietnamese organized a meeting to meet expatriates coming home and overseas relatives under the subject "Returning to the motherland, contributing to the creation of Ho Chi Minh City is civilized - contemporary - affectionate."

Representatives of overseas Vietnamese returning home and overseas relatives were introduced to the country's and Ho Chi Minh City's socioeconomic situations, as well as the intellectual, human, and financial contributions of the overseas Vietnamese community to the development of Ho Chi Minh City and the country, at the Conference.

Currently, almost 40% of Vietnamese citizens living overseas are from or have ties to Ho Chi Minh City, a population of more than 2 million people. Overseas intellectuals and businessmen who have returned home arrived in Ho Chi Minh City early, directly participating in projects, cooperation programs, investment or community mobilization, advocacy, and acting as a bridge of international cooperation, contributing to the country's and the city's construction and development.

The business community and expatriates overseas have endured numerous problems in the last two years as a result of the COVID-19 outbreak, both working and battling the epidemic in the host nation, but they all have one heart to return to their homeland. Overseas Vietnamese organizations and individuals provide billions of dong in various ways, including giving to the COVID-19 Vaccine Fund, money, masks and medical equipment, food...

Mr Vo Thanh Chat, Deputy Chairman of the Committee on Overseas Vietnamese, stated that over the years, Ho Chi Minh City has attracted hundreds of Vietnamese experts, intellectuals, and businessmen from all over the world, including the United States, Germany, France, the United Kingdom, Australia, Canada, Japan, Belgium, Switzerland, Sweden, Denmark, Norway, Austria, and Singapore, for business investment, long-term study, and work in the city. Abroad Vietnamese have invested in over 3,000 firms totalling over 45,000 billion VND, attracting over 400 overseas intellectuals working long-term and over 200 intellectuals participating in research cooperation.

Recently, Ho Chi Minh City's People's Committee directed departments and branches to review, amend, supplement, or develop new policies to attract, reward, and utilize experts and overseas intellectuals to participate in science and technology activities; have a policy of commensurate salaries and allowances when signing labour contracts with scientific research agencies; guide the process and procedures for title selection, arrangement, appointment, use...

At the conference, representatives of the City's Vietnam Fatherland Front Committee, the City Committee on Overseas Vietnamese, the City Police, and the City Department of Justice reported and answered expatriates' questions about a variety of Vietnamese legal provisions concerning repatriation procedures, registration of temporary or permanent residence, regulations and procedures for applying for Vietnamese citizenship, and the problem of transporting goods.

Representatives of returning abroad Vietnamese discussed their emotions and experiences after returning to Vietnam to invest, do business, and live. The overseas Vietnamese thanked and appreciated the Party and State governments' attention in creating favourable conditions for overseas Vietnamese to return to their homeland, as well as their desire to continue making efforts to contribute their hearts and minds to the people of the entire country to build and develop the country more prosperous and happy.

P.L