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Vietnamese Association receives licence to operate in Mogolia

Update: April, 03/2012 - 12:59

MONGOLIA – The State of Mongolia has recognised the Vietnamese Association as a non-governmental organisation by granting it a licence and seal to operate in the country.

About 450 Vietnamese people currently work, study and live in Mongolia. Most are involved in a variety of businesses, such as painting cars, welding, supplying Vietnamese goods, opening restaurants and photography. On average, they earn from US$1,000 to $1,500 per month.

They typically send from $2 million to $3 million in remittances back to their families in Viet Nam each year.

At the licence granting ceremony last week, Vietnamese Ambassador Hoang Tuan Thinh said the association was a favourable legal entity for Vietnamese people doing business in the country.

He expects the association to remind people to abide by local laws and take responsibility for each other in their personal and business lives.

The association was established in August 2010. – VNS

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