As part of the development of the overseas Vietnamese community,expatriate businessmen strive to integrate and make practicalcontributions to their host countries and the homeland.
Accordingto preliminary statistics, there are about 3,500 projects andenterprises in Vietnam invested by overseas Vietnamese, with acombined registered capital of nearly 11 billion USD.
Thedevelopment is partially attributed to specific policies and measures,which have facilitated overseas Vietnamese enterprises’ participation inall economic activities in the country.
In addition toinvestment and trade incentives, they have benefited from favourablepolicies such as laws on citizenship and housing, helping them make morecontributions to the country’s economic development.
EconomistCao Sy Kiem said, “ Vietnam attracted 9 billion USD from overseasremittances this year. This is also a huge resource and a decisiveelement for the country’s economic development, improving capitalsources for businesses”.
The business force is involved in almostareas, such as trade, construction, real estate and production ofexport goods, contributing to the State budget.
Bruce Nguyen TienDung, an Overseas Vietnamese from Canada , said, “I understand thatVietnam has a good potential business climate. Although difficultiesexist in the economy, there remain opportunities for business andinvestment in the country.”
Nguyen Trung Thuc, Chairman of theVietnam-Germany small and medium-sized enterprises’ association, said“In the last 10 years, we have experienced unceasing development thanksto local government support, as well as conditions decided by relevantagencies. We understand that they are under reform with a view toimproving and simplifying administrative procedures and policies.”
Encouragingand mobilising the overseas businesses and promoting their resources tothe country’s development and increasing cooperation with OV and othercountries are one of the key tasks in work for the Vietnamese communityin foreign countries.
Nguyen Thanh Son, Deputy Foreign Ministerand Head of the State Committee for OV said the committee will considerthe issue in a serious manner soon, through the Vietnam small and mediumsized enterprises association we will propose the Government andrelevant agencies offer more favourable policies for OV to invest in thecountry as well as create conditions for domestic enterprises to dobusiness in foreign countries”./.
Accordingto preliminary statistics, there are about 3,500 projects andenterprises in Vietnam invested by overseas Vietnamese, with acombined registered capital of nearly 11 billion USD.
Thedevelopment is partially attributed to specific policies and measures,which have facilitated overseas Vietnamese enterprises’ participation inall economic activities in the country.
In addition toinvestment and trade incentives, they have benefited from favourablepolicies such as laws on citizenship and housing, helping them make morecontributions to the country’s economic development.
EconomistCao Sy Kiem said, “ Vietnam attracted 9 billion USD from overseasremittances this year. This is also a huge resource and a decisiveelement for the country’s economic development, improving capitalsources for businesses”.
The business force is involved in almostareas, such as trade, construction, real estate and production ofexport goods, contributing to the State budget.
Bruce Nguyen TienDung, an Overseas Vietnamese from Canada , said, “I understand thatVietnam has a good potential business climate. Although difficultiesexist in the economy, there remain opportunities for business andinvestment in the country.”
Nguyen Trung Thuc, Chairman of theVietnam-Germany small and medium-sized enterprises’ association, said“In the last 10 years, we have experienced unceasing development thanksto local government support, as well as conditions decided by relevantagencies. We understand that they are under reform with a view toimproving and simplifying administrative procedures and policies.”
Encouragingand mobilising the overseas businesses and promoting their resources tothe country’s development and increasing cooperation with OV and othercountries are one of the key tasks in work for the Vietnamese communityin foreign countries.
Nguyen Thanh Son, Deputy Foreign Ministerand Head of the State Committee for OV said the committee will considerthe issue in a serious manner soon, through the Vietnam small and mediumsized enterprises association we will propose the Government andrelevant agencies offer more favourable policies for OV to invest in thecountry as well as create conditions for domestic enterprises to dobusiness in foreign countries”./.
