The event was part of the gathering for overseas Vietnamese program, held on the occasion of the Tet (lunar New Year) Festival 2025 in Ho Chi Minh City.
The meeting was attended by Ha Phuoc Thang, Deputy Head of the Ho Chi Minh City’s National Assembly delegation; Vu Thi Huynh Mai, Chairwoman of the Committee for Overseas Vietnamese of Ho Chi Minh City; and 50 outstanding OV delegates.
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Vu Thi Huynh Mai, Chairwoman of the Committee for Overseas Vietnamese of Ho Chi Minh City, summarizing the program |
The program aimed to evaluate the implementation of the project, officially approved by the Ho Chi Minh City People's Committee on September 26, 2024. It also served as a platform to gather constructive ideas and proposals from prominent OV delegates to collaboratively build a prosperous future for the city.
During the event, 14 heartfelt opinions were presented by OV delegates. Topics discussed included the role of OVs as a bridge for fostering economic, cultural, and scientific cooperation between Vietnam and the world; ways for OVs to directly participate in key development projects in the city; promoting Vietnam's image and building a national brand to attract more remittances.
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Delegates participating in the meeting |
In recent years, the Ho Chi Minh City branch of the State Bank of Vietnam has focused on implementing solutions to improve and enhance remittance services. These include the application of modern technology to streamline remittance and transfer services; guiding banking system and remittance companies to effectively disseminate information about remittance-related matters to citizens and beneficiaries.
This approach not only ensures convenient use of remittance services, but also maximizes the impact of received funds through investments in projects, production, and business activities.
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Nguyen Phuc Binh, an overseas Vietnamese from Australia, proposing solutions to attract remittances to technology, education, and healthcare sectors |
Representatives from commercial banks, financial institutions, and remittance companies in Ho Chi Minh City also proposed solutions to optimize the efficiency of remittance exploitation, enhance financial services, and expand international cooperation networks for smoother money transfers. They pledged to provide tailored products for overseas Vietnamese and expand the impact of the project.
At the meeting, Vu Thi Huynh Mai, Chairwoman of the Committee for Overseas Vietnamese of Ho Chi Minh City, summarized the program and acknowledged the contributions toward further refining the project.
She emphasized that the “Policies to optimize remittances of OVs in Ho Chi Minh City from now to 2030” project offers a significant opportunity to connect OV communities with the city's development. Active participation from various organs of the city and OV communities will contribute to achieving the city's socio-economic development goals and elevating Ho Chi Minh City's position on the global stage.
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The organizing committee presenting gifts to the OV delegates |
The successful implementation of this project will rely on the strong commitment from the city authorities and the close coordination among related sectors to complete mechanisms and policies, creating the most favorable conditions for overseas Vietnamese to send remittances and invest in the city's development.
In particular, the Committee for Overseas Vietnamese of Ho Chi Minh City will continue advising city leaders to finalize an investment handbook for 2030, focusing on key projects in the public sector. The committee will also work on establishing an association of professional remittance service providers and advisory groups to ensure transparency in remittance activities.
Translated by Trung Thanh