VietNamNet Bridge – On January 28, the Overseas Vietnamese Business Club (OVBC) and the Overseas Vietnamese Association in Ho Chi Minh City will host the first meeting in 2013 with 800 overseas Vietnamese businessmen.

Overseas Vietnamese at a reunion to celebrate the New Year, held by the HCM City People's Committee.

This will be the first event in 2013 of the Overseas Vietnamese Business Club, with the aim of helping the overseas Vietnamese community looking for investment opportunities in their homeland.

The club chair, Mr. Nguyen Ngoc My, said, in the context of global economic recession, many more Vietnamese people in the United States, France, Germany and especially the Eastern European countries are returning to the homeland to do business. This is why the club organizing the meeting to provide investment promotion support for this community.

My said, about 500,000 overseas Vietnamese return to Vietnam annually to visit their family and do business. There are 3,500 firms founded or invested by overseas Vietnamese, with a total registered capital of $8.4 billion.

In addition, overseas remittances sent home by overseas Vietnamese is not small. "If we can promote this capital flow, it will be a great resource for the economy," My said.

Formed in 1999, the Overseas Vietnamese Business Club has 800 members who are overseas Vietnamese entrepreneurs working in the fields of clean energy, pharmaceuticals, information technology, real estate, travel, entertainment, etc., in which the largest proportion is high-tech.

Compiled by S. Tung