Ho Chi Minh City authorities signalled their high evaluation of the wide-ranging contributions of Overseas Vietnamese (OV) at a pre-Tet meeting on Jan. 25 with the participation of more than 700 OV.

The city expects to receive significantly more contributions from OV for its socio-economic development, especially for projects on transport, water, environment and hygiene, health and education, Mayor Le Hoang Quan said.

So far, Overseas Vietnamese have invested in 2,500 businesses with a total registered capital of nearly 37 trillion VND, and 117 projects capitalising over 275 million USD.

In 2010, overseas remittances sent to the city reached nearly 4 billion USD.

During the year, the OV raised more than 8 billion VND for charitable programmes both in and outside Ho Chi Minh City.

On the occasion, HCM City authorities presented certificates of merit to 18 OV to honour their work in mobilising other OV to lend a hand with the city’s socio-economic development.

The same day, a similar event was held in Binh Duong province for 200 Overseas Vietnamese, who are business people, professionals and scientists./.