Connecting overseas Vietnamese investors with small and medium enterprises in Ho Chi Minh City will be one of the southern hub’s top priorities to prepare for the international integration.
HCM City (VNA) - Connecting overseas Vietnamese (OV) investors with small and medium eಞnterprises in Ho Chi Minh City will be one of the southern hub’s top priorities to prepare for the international integration, especially when free trade agreements come into effect.
Next year, Ho Chi Minh City’s Committee for Overseas Vietnamese, in collaboration with the municipal Investment and Trade Promotion Centre and relevant agencies, will hold a dialogue with OV businesses to address difficulties facing their investment and production in the city, Committee Chairman Pham Van Hai said at a conference held in the city on December 25.
He highlighted that the city will enhance the popularisation of the Party policies and the State laws as well as the country’s socio-economic situation to Vietnamese people living abroad.
At the conference, OV representatives suggested the city should renovate methods to lure OV resources. They said that HCM City needs to pay attention to Vietnamese students and workers in foreign countries while linking OV experts with domestic professionals to serve its socio-economic development in the context of deep integration.
According to statistics from the State Bank of Vietnam’s Ho Chi Minh City branch, the city received the flood of remittances worth over 5.5 billion USD in 2015. By November this year, the city welcomed 384,000 overseas Vietnamese.
The OVs have made great contributions to the city, presenting 200 scholarships to disadvantaged students and building ten bridges in rural areas.-VNA
Measures to resolve difficulties and support business and investment activities of overseas Vietnamese (OV) enterprises were discussed in a conference held in Ho Chi Minh City (HCM City) on August 21.
Overseas Vietnamese remittances to Ho Chi Minh City in the first nine months of the year hit 3.25 billion USD, according to the HCM City branch of the State Bank of Vietnam (SBV).
Vietnamese remittances from overseas to HCM City, one of the country's leading destinations for remittances, hit 3.7 billion USD by the end of October, a year-on-year increase of 13 percent.
Vietnam this year would remain among the top 15 recipients with remittances of roughly 12.5 billion USD from Vietnamese living overseas, a World Bank (WB) report says.
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Foreign currency trading at VP Bank. (Photo: VNA)
