Wednesday, 30 January 2008

Overseas Vietnamese welcome Tet in Ho Chi Minh City


VietNamNet Bridge – More than 600 overseas Vietnamese from 20 countries and territories gathered at a meeting in Ho Chi Minh City on January 29 on the occasion of the traditional Lunar New Year (Tet).

Addressing the function, the HCM City People’s Committee Chairman Le Hoang Quan praised contributions by the overseas Vietnamese community to the country’s development.

The city will go ahead in revising policies on immigration control, real estate relating to overseas.
Vietnamese to encourage overseas investment into the country, chairman Quan said.

He also called for overseas Vietnamese’ investment in developing urban transportation and preventing environment pollution and floods in the city.

In 2007, the Committee for Overseas Vietnamese Affairs (COVA) in HCM City granted 597 Vietnamese origin certificates to the overseas Vietnamese.

During the year, the city licensed 553 overseas Vietnamese-run companies worth a total 5.4 trillion VND.

Foreign remittance via the city’s banking system reached 3.05 billion USD, a year-on-year increase of 18 percent, and represented 55 percent of the country’s total 5.6 billion USD.

The HCM City-based COVA plans to visit overseas Vietnamese in Cambodia in early February to present gifts to the disadvantaged in Phnom Penh and Vietnam-Cambodia bordering areas.

(Source: Viet Nam News)

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