Mr. Johnathan Hanh Nguyen suggests ways to attract overseas Vietnamese to return to Vietnam to do business.
Báo Dân trí•22/08/2024
(Dan Tri) - Mr. Johnathan Hanh Nguyen proposed that the Government create more favorable conditions for young overseas Vietnamese to apply for Vietnamese nationality while still retaining their foreign nationality, making ID cards...
On the morning of August 22, the State Committee for Overseas Vietnamese (Ministry of Foreign Affairs) organized the fourth Overseas Vietnamese Conference and the Forum for Overseas Vietnamese Intellectuals and Experts. The forum attracted many comments from delegates who are overseas Vietnamese intellectuals and experts. Speaking at the conference, Mr. Johnathan Hanh Nguyen, an overseas Vietnamese in the Philippines and Chairman of the Inter-Pacific Group, said that in the first years after the country's reunification, he returned to his homeland with the mission of opening a flight route from Ho Chi Minh City to Manila, contributing to breaking the embargo against Vietnam. After that, he gathered assets and called on friends to return to invest in his homeland, thereby continuing to accompany the country throughout its journey of development and international integration. "After many years of investing and doing business in Vietnam, I realize that now is the best opportunity for overseas Vietnamese to return to do business in Vietnam," said Mr. Johnathan Hanh Nguyen.
Mr. Johnathan Hanh Nguyen, a Filipino expatriate and Chairman of the Imex Pan Pacific Group, spoke at the fourth Overseas Vietnamese Conference on the morning of August 22 (Photo: VNA).
According to him, a very encouraging thing is that recently, many young people from abroad have returned to Vietnam to start a business, including those born abroad. This proves that there is a significant shift of knowledge from abroad to Vietnam, especially in countries with developed technology and economy. In Ho Chi Minh City, there are currently nearly 100 startups and many venture capital funds of young overseas Vietnamese, most of whom are from the US. In order to promote their capabilities and take advantage of new technologies, Mr. Hanh Nguyen proposed that the Government could apply a sandbox mechanism, allowing testing of new technologies and new business models without requiring many licenses. In addition, Mr. Johnathan Hanh Nguyen recommended that the Government create more favorable conditions for young overseas Vietnamese to apply for Vietnamese nationality while still retaining their foreign nationality, making ID cards... to be able to settle down in Vietnam for a long time. Along with that, although Vietnam has made great strides in improving the investment environment, Mr. Johnathan Hanh Nguyen said that there is still a need to increase transparency and simplify procedures. He said that it is necessary to consider a one-stop mechanism specifically for overseas Vietnamese, where information, advice and legal issues related to investment can be provided quickly.
Prime Minister Pham Minh Chinh and leaders of ministries and sectors took photos with hundreds of overseas Vietnamese from more than 40 countries and territories attending the Conference (Photo: Tuan Anh).
Notably, he said that it is necessary to create special incentive mechanisms for national data infrastructure projects, AI development, semiconductors, and promote high-quality human resource training programs. This will not only help enhance the country's technological capacity but also bring international capital and knowledge for the digital transformation process. "We should have a special mechanism to promote technology incubators and venture capital because they are key components in the innovation ecosystem that help creators create new technologies and commercialize those technology products," Mr. Johnathan Hanh Nguyen suggested. Proposal for Vietnam to build a university on artificial intelligence Sharing the same interest and being an expert in the field of artificial intelligence, Dr. Le Viet Quoc, AI researcher at Google, emphasized that the artificial intelligence revolution is taking place like an undercurrent. One day, "it will explode into a tsunami that will sweep everything away". "In the next decade, this will be a big challenge when many traditional jobs are automated. However, this is also a huge opportunity for Vietnam. While many other countries continue to be bound by current jobs, Vietnam can move forward and develop with artificial intelligence," said Dr. Le Viet Quoc. With his experience, Mr. Quoc made recommendations for Vietnam to turn this challenge into an opportunity. In particular, he emphasized that Vietnam's greatest asset is its people. Based on this foundation, artificial intelligence education, especially at the university level, needs to be heavily invested in. According to Mr. Quoc, Vietnam should build an Asian-class university in artificial intelligence, with in-depth training programs right from the beginning. After investing in people, Mr. Quoc recommended finding ways to take advantage of high-quality human resources. The best way to do this is to invest in the innovation and startup ecosystem. "Experience shows that in every revolution there are winners and losers, and the most effective way to find winners is to create a diverse and strong startup ecosystem," said Dr. Le Viet Quoc. Along with that, Vietnam should focus on strongly developing applications of artificial intelligence. In the 21st century, artificial intelligence will be an important tool, and those who come later will be left behind. To do this, Vietnam needs to set ambitious national goals, applying artificial intelligence in areas such as public health, transportation, and many other areas. Finally, the AI researcher at Google suggested that Vietnam should establish a senior advisory council on chips and artificial intelligence. These are areas that are developing at a dizzying speed and this council will help make quick and accurate decisions in these key areas.
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