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City seeks overseas Vietnamese investors

Update: December, 26/2015 - 11:21
According to statistics from the State Bank of Viet Nam's HCM City branch, the city received a flood of remittances worth over US$5.5 billion in 2015. — Photo cafef.vn
HCM CITY  (VNS) — Connecting overseas Vietnamese (OV) investors with small and medium enterprises in HCM City will be one of the southern hub's top priorities to prepare for international integration, especially when free trade agreements come into effect.

Next year, HCM City's Committee for Overseas Vietnamese, in collaboration with the municipal Investment and Trade Promotion Centre and relevant agencies, will hold talks with OV businesses to address difficulties facing their investments and production in the city, Committee Chairman Pham Van Hai said at a conference held in the city yesterday.

He said the city would continue to spread awareness of Party policies and State laws as well as the country's socio-economic situation for Vietnamese people living abroad.

At the conference, OV representatives suggested the city should look at fresh ways of luring OV resources. They said HCM City needed to focus on Vietnamese students and workers in foreign countries while linking OV experts with domestic professionals to boost socio-economic development in the context of deeper global integration.

According to statistics from the State Bank of Viet Nam's HCM City branch, the city received a flood of remittances worth over US$5.5 billion in 2015.

Overseas Vietnamese have made great contributions to the city, presenting 200 scholarships to disadvantaged students and building ten bridges in rural areas. — VNS

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