Nen thanked them for offering suggestions to connect the city with foreign enterprises and investors. He wished that they would share experience and lessons learnt from abroad to turn the result of the conference into specific actions, contributing to the success of the city in all fields.

Chairman of the municipal People’s Committee Nguyen Thanh Phong said the city has so far put the second COVID-19 outbreak under control and is working toward the twin goal of fighting the pandemic and promoting economic development.

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Secretary of the Ho Chi Minh City Party Committee Nguyen Van Nen (standing) at the meeting with Vietnamese expats.

Ambassador Luong Thanh Nghi, Vice Chairman of the State Committee for Overseas Vietnamese Affairs, for his part, said about 500,000 – 600,000 overseas Vietnamese (OV) are living and working in developed countries. Around 500 OV experts and scientists returned home and regularly collaborate with the Vietnamese Government, ministries, agencies, localities, research institutes and universities.

Steve Bui from Japan suggested the city issue a technological transfer mechanism when investors apply for investment licenses, thus making it easier for local firms to access advanced technologies. He proposed further attention be paid to the use of artificial intelligence in supervision, thus bolstering investors’ trust in local business environment.

Vo Thanh Dang from Singapore asked the municipal authorities to heed the building of the city’s brand and improvement of brand valuation for Ho Chi Minh City and Thu Duc city in particular.

Meanwhile, Chairman of the Vietnam Business Association in the Republic of Korea (VIBAK) Tran Hai Linh said VIBAK is ready to assist the city in development projects, especially in fields of the RoK’s strength such as smart urban development, digital transformation, and financial center building.

Participants at the event also vowed to dedicate their brainpower and experience to the city’s development.

Source: VNA