However, there is also another important resource from Viet Kieu, namely their intelligence. Overseas Vietnamese people are working in the US’ NASA, Boeing and big hospitals in France, Canada, Japan and Australia.

The Second Conference for Overseas Vietnamese People will take
place in Ho Chi Minh City during September 26-30. How significant is
this conference to the government and Viet Kieu?
Titled “Vision Towards 2020 – Overseas Vietnamese Community Integrates
and Grows with Homeland,” this conference follows the first successful
one organised in 2009 and is greatly significant because it is a giant
bridge connecting Viet Kieu with Vietnam, which is their home land. It
is also because Vietnam successfully organised the 11th Congress of the
Communist Party in early last year, with a motto of Vietnam’s
ever-deepening cooperation with international friends. The conference
underlines the Party and government’s policy of great national
solidarity and special attention to Viet Kieu.
This conference will embrace four parallel sessions, namely:
Community’s Future – Economic Integration and Growth Issues; Cultural
Characters and National Traditions – Impetus for Community Solidarity,
Linkage with Fatherland, Overseas Vietnamese Intellectuals with the
Country’s Industrialisation and Modernisation – from Potential to
Reality; and Overseas Vietnamese Businesspeople’s Contributions to the
Future of the Community and Fatherland.
The conference will be joined by over 1,000 Viet Kieu including
academics, businesspeople, writers and other artists, leaders of
organisations and youths. Also it will be home to officials from
ministries, government agencies, and local administrations around the
country, and representatives of Vietnamese agencies and overseas
Vietnamese associations abroad.
The conference will review the development of the overseas Vietnamese
community so that the government’s policies can be better implemented
and the outcomes of the first conference in 2009 can be better
exploited.
The conference will also enable the government to gather opinions on
how to utilise the skills of overseas Vietnamese for the country’s
industrialisation and modernisation. At present, all preparations for
the conference have been made.
How important is Viet Kieu to the national socio-economic development?
Before 2004 due to difficulties, the government failed to pay due attention to Viet Kieu’s role.
However, the Politburo in 2004 issued Resolution No36 on tasks relating
to Viet Kieu, under which more governmental attention was given to Viet
Kieu. It has been a new way of thinking. Viet Kieu have been considered
an integrated part of Vietnam. Viet Kieu have also very highly valued
this. In fact, the number of those returning to Vietnam for living or
visiting has been strongly increasing every year. Viet Kieu have showed
their affection, sacred responsibility and obligation to the national
socio-economic development. Of course there are some people going
against the country’s interests, but the number of them is decreasing.
We want to see a close-knit overseas Viet Kieu community that always
think about their native land, so that Vietnam’s internal and external
strength can be combined into an aggregate strength. The country’s
international friends also highly value the Viet Kieu community. Their
role to Vietnam’s socio-economic development has become increasingly
bigger. We have considered Viet Kieu an indispensable part of Vietnam.
At present, about 4.5 million Vietnamese people including over 400,000
scientists, intellectuals and experts are living in 104 countries and
territories. They are Vietnam’s great potential and a big bridge between
Vietnam and its international friends, because they carry Vietnam’s
achievements, prestige and image to the world effectively. Viet Kieu
also help Vietnam preserve its cultural traits in foreign countries.
During this conference, Viet Kieu’s opinions in national construction
will be received objectively because the opinions will be beneficial to
Vietnam. Vietnam is in need of their support and talent.
For example, Vietnam highly values contributions of professor Ngo Bao
Chau, who was in August 2010 awarded the 2010 Fields Medal [for his
proof of the Fundamental Lemma in the theory of automorphic forms
through the introduction of new algebro-geometric methods]. I think
Vietnam currently have many other “potential” Ngo Bao Chau and will
bring pride to Vietnam soon.
I hope that from now to 2020, the Viet Kieu community will continue
contributing to the country’s socio-economic development via their ideas
and creativeness.
What will the government do to attract more overseas Vietnamese
investors and remittances, as well as to help them have houses in
Vietnam more easily, because not so many overseas Vietnamese people own
land and houses in Vietnam now?
At the first conference of this type, the government asked the National
Assembly to enable overseas Vietnamese to own land and houses in
Vietnam. Also investment procedures for them have also been the same as
those for local investors. These things have been a major turning point
in Vietnam’s policy.
At present, the government’s housing policy to overseas Vietnamese is
quite open-hearted. Viet Kieu are not permitted to use land and houses
to mortgage at banks. But they can transfer and lease if they want. Now,
their demand for houses in Vietnam is not big. Our statistics show that
approximately 200 Viet Kieu want to own property in Vietnam. The reason
why the local property market is standing still is due to the local
shrinking demand. Now there are so many houses in Vietnam and overseas
Vietnamese can buy and use.
As for remittances, over the past four years, remittances from overseas
into Vietnam have increased 10-15 per cent annually. In 2011,
remittances into the country totaled $9.2 billion which was transferred
via financial channels like banks, [or about one eighth of Vietnam’s
annual gross domestic product (GDP). In this year’s first half,
remittances escalated to over $6 billion, though the economic picture
inside and outside Vietnam remains dark. The Viet Kieu community has so
far invested $6 billion in 2,000 projects in Vietnam. There is also
another $5 billion invested by the community in unannounced projects.
This is a very important resource for the country’s development.
This also shows Viet Kieu’s great confidence in Vietnam’s economy and
their affection and responsibility to the national development. This is
also partly thanks to the State Committee for Overseas Vietnamese’s
efforts to connect Vietnam with those living abroad.
Remittances have helped Vietnam have a stable foreign currency source,
increase national foreign currency reserves and reduce the burden from
trade deficits. Remittances have also generated employments for local
workers. I do believe that Viet Kieu’s investment and remittances will
continue growing in the future.
However, there is also another important resource from Viet Kieu, namely their intelligence.
Overseas Vietnamese people are working in the US’ NASA, Boeing and big
hospitals in France, Canada, Japan and Australia. Thus this intelligence
is invaluable to Vietnam, if the country knows how to use it.
What will the government do to tap this intelligence?
Through this conference, the government wants to connect the solidarity
between intellectuals in Vietnam and from abroad. They can cooperate
with each other. At present, such cooperation is limited due to many
reasons. I think in order to cement their cooperation, we must
frequently organise meetings or workshops in many different sectors so
that they can physically meet to exchange ideas and shake hands. In
2013, we will organise many conferences of this type.