Ho Chi Minh City implements Project on policies to attract remittance resources

This is the first time the Ho Chi Minh City Party Committee and People's Committee have directed the Committee for Overseas Vietnamese to coordinate with relevant agencies to research and develop a project to promote remittance resources, thereby turning remittances into a "driving force" contributing to the city's economic development.

In addition to the advisory agencies that developed the project, representatives of the Vietnamese Embassy in countries with large remittances and the Vietnamese intellectual and business community abroad, economic entities in Ho Chi Minh City have actively contributed ideas to the process of building specialized mechanisms and policies to attract capital from overseas Vietnamese into production and business to directly penetrate the Ho Chi Minh City economy.

Notably, the city organized 4 seminars at the Committee on Overseas Vietnamese to collect opinions from experts in the financial sector from institutes, schools, major banks, domestic and international financial funds, and Vietnamese embassies in the US, Japan, Australia, India, Philippines, Korea, Singapore, India, Philippines, etc.

Through this, the community of Vietnamese intellectuals and businessmen abroad contributed ideas on solutions to attract and effectively promote remittance resources in Ho Chi Minh City. Of which, the city received 50 presentations, and more than 100 comments contributing ideas and experiences in calling for and promoting remittance resources.

The Ho Chi Minh City Committee for Overseas Vietnamese has organized roundtable conferences to provide information and collect opinions from the overseas Vietnamese community at the embassies of Korea, Japan, Finland, Denmark, Sweden and Thailand.

*Overseas Vietnamese on an occasion returning to experience Metro Line 1 - Ho Chi Minh City, monitoring the arrival and departure stations before departure.*

After a period of research and completion of the project content, on September 26, the Ho Chi Minh City People's Committee officially signed and issued the Project "Policy to effectively promote remittance resources in Ho Chi Minh City from now until 2030" and issued a Plan to assign tasks to Departments, branches, People's Committees of districts and Thu Duc City to implement the Project.

It is expected that the Conference to deploy the Project "Policy to effectively promote remittance resources in Ho Chi Minh City from now until 2030" and to honor outstanding overseas Vietnamese, on the occasion of the Vietnamese Entrepreneurs' Day , will be held on October 11, at Pillar office Committee on Vietnamese people in the country outside of Ho Chi Minh City and transmitted via television line .