Vietnam is one of the world’s top nine remittance-receiving countries, with remittances from overseas Vietnamese (OVs) in 2013 hitting 11 billion USD, a year-on-year rise of 4.7 percent.

According to Deputy Minister of Foreign Affairs and Chairman of the State Committee for Overseas Vietnamese Affairs Nguyen Thanh Son, the source of capital is of significant importance to the country’s economic development.

He attributed the impressive figure to the effective implementation of a resolution adopted by the Political Bureau, which affirms OVs as an integral part of the nation and an inner resource for national construction and defence.

The resolution has helped encourage nearly 5 million Vietnamese living in 103 countries and territories around the world to actively contribute to Vietnam’s external relations and serve as a bridge linking the country with others, Son said.

Vietnam’s ongoing path of development and international integration is an important factor that lures OVs’ attention to the homeland, the diplomat said.

He stressed that the Party, State and Government should give more care to the contingent and continue taking into consideration their opinions and aspirations in order to make this source of capital swollen.

Considering the encouragement of OVs to invest in the homeland a right trend, Son added that more and more overseas Vietnamese have intended to pour money into the country in recent years.

This shows that the Party, State and Government’s policies have met OVs’ aspirations, thus increasing their confidence in the country and encouraging them to contribute more to the national development, he noted.-VNA