Overseas Vietnamese entrepreneurs give opinions on HCM City’s development
A conference gathering together overseas Vietnamese entrepreneurs was held in Ho Chi Minh City on October 27, with a view to tapping into this resource to contribute to the southern economic hub’s development.
Some overseas Vietnamese entrepreneurs and EuroCham representatives at the conference on October 27 (Photo: VNA)
HCM City (VNA) - A conference gathering together overseasVietnamese entrepreneurs was held in Ho Chi Minh City on October 27, with aview to tapping into this resource to contribute to the southern economic hub’sdevelopment.
Standing Vice Chairman of the municipal People’sCommittee Le Thanh Liem said the conference was an occasion for localauthorities to hear the opinions of domestic and overseas entrepreneurs andexperts, to help with the city’s economic recovery, digital transformation, andCOVID-19 response, as well as the promotion of Vietnamese goods in the globalmarket, especially after the EU-Vietnam Free Trade Agreement (EVFTA) took effecton August 1.
The overseas Vietnamese community has been continuallydeveloping and now numbers some 5.3 million people in over 130 countries andterritories. They have integrated intensively into all aspects of their host societies,according to Vice Chairman of the State Commission on Overseas Vietnamese LuongThanh Nghi.
They have always made practical and effectivecontributions to national development, he said, noting that overseasremittances to Vietnam have totalled some 170 billion USD since 1990.
Overseas Vietnamese have invested about 4billion USD in 3,000 projects in the homeland, creating a large number of jobsand contributing to the country’s economic growth. They also play a criticallyimportant role in paving the way for Vietnamese goods to enter foreign markets,Nghi added.
Local and overseas entrepreneurs andrepresentatives from the European Chamber of Commerce in Vietnam (EuroCham)shared their experience in business development and trade promotion.
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Some overseas Vietnamese entrepreneurs and EuroCham representatives at the conference on October 27 (Photo: VNA) 
