Young overseas Vietnamese prove crucial to homeland’s innovation

Overseas Vietnamese (OVs) are viewed an important resource for national development and safeguarding, and young expatriates have proved to be an important part of innovation promotion in the homeland.
Young overseas Vietnamese prove crucial to homeland’s innovation ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) - Overseas Vietnamese (OVs) are viewed an important resource for national development and safeguarding, and young expatriates have proved to be an important part of innovation promotion in the homeland.

Vietnam is still lagging behind many countries in terms of technology readiness, innovation, and labour productivity.

According to the World Intellectual Property Organisation (WIPO), Vietnam ranked 44th in the Global Innovation Index 2021. With this position, it still tops the lower-middle-income countries but has fallen two places from last year.

To address shortcomings and create stronger momentum for innovation and science - technology, human resources have a significant role to play.

The 13th National Party Congress identified developing human resources, especially high-quality ones, as one of the three strategic breakthroughs.

With the viewpoint that people are the centre, the target, and also the impulse for development, in achieving ambitious development goals, Vietnam will have to exert efforts to develop and fully tap into the huge potential of Vietnamese people not only at home but also abroad.

The Politburo has been affirming that OVs are an important resource for national construction, development, and safeguarding.

Young overseas Vietnamese prove crucial to homeland’s innovation ảnh 2Daniel Hoai Tien, a Vietnamese-American born in 1988, is an expert in sustainable agriculture and cooperative economy. He has travelled across rural areas in Vietnam to help locals develop sustainable agricultural production chains (Source: VTV24)

About 5.3 million Vietnamese are living and working in more than 130 countries and territories around the world, 80 percent of them in developed countries, and about 50 percent young expatriates.

Those under the age of 45 account for some 60 percent of the number of Vietnamese in the US, Germany, and Australia - the second homelands of over 50 percent of the total OVs. Young expatriates hold huge potential for contributing to innovation and science - technology, according to preliminary data of the State Committee on OVs.

Regarding intellectual power, about 500,000 OVs hold a bachelor’s or higher-level degrees, including many working at research institutes, universities, and technique - technology centres of such developed nations as the US, Japan, and Canada.

In terms of finance, unofficial statistics show that the OV community has an annual income of about 50 billion USD. The income of young expatriates can reach up to 30 billion USD per year.

Particularly, though young expatriates were born and grew up overseas, the Vietnamese origin is the one differentiating them from other foreign investors and intellectuals when coming to work in the country. In the recent past, a number of young OVs have returned and contributed considerably to the homeland./.

Young overseas Vietnamese prove crucial to homeland’s innovation ảnh 3Source: VNA
VNA

See more

President Luong Cuong, his spouse, delegates and artists at the special Spring Homeland Art Programme 2026. (Photo: VNA)

Five major shifts chart overseas Vietnamese affairs in 2026 and beyond

In a world marked by intensifying strategic competition, emerging conflicts and intertwined economic, security and social challenges, nearly 6.5 million Vietnamese living in over 130 countries and territories have continued to look to the homeland as a firm spiritual anchor. The homeland remains a source of confidence, connection and aspiration for Vietnamese abroad.

Vietnamese Ambassador to Cuba Le Quang Long (right) symbolically hands over 250 tonnes of rice to Cuban Deputy Minister of Agriculture Telce Abdel González (Photo: VNA)

Vietnam supports Cuba in ensuring food security

Cuban Deputy Minister of Agriculture Telce Abdel González affirmed that Cuba will create all favourable conditions for AgriVMA’s rice production project in Los Palacios district, Pinar del Río province, with a view to expanding the model to other localities across the country.

The Binh Phuoc provincial Intelligent Operations Center (IOC), operational since September 2020, has played an important role in supporting the development of digital government. (Photo: VNA)

Breakthroughs under Resolution 57 drive local development

Following the Politburo’s Resolution No. 57-NQ/TW on advancing science, technology, innovation and national digital transformation, many localities across Vietnam are translating strategic guidelines into concrete action, laying the foundation for a new development model based on knowledge, technology and modern governance.

The spring flower market for the 2026 is brightly illuminated at night. (Photo: VNA)

Spring flower market opens in Ho Chi Minh City

The market features more than 500 booths selling a wide variety of flowers and ornamental plants. The space combines traditional and modern elements, recreating the distinctive river culture of southern Vietnam.