Around 4.5 million Vietnamese people are living, working, and studying in over 100 countries and territories around the world, contributing $16 billion in remittances to the country last year. With added global experience and knowledge, overseas Vietnamese devote much for their home nation’s prosperity.
Many overseas Vietnamese people return home country with valuable know-how
Having been living in Australia for years, Nguyen Ky Tai always thinks of his native land, Vietnam, and of ways to modernise the country’s backward agriculture.
He is the vice-chancellor’s research fellow at the University of Southern Queensland, and is now involved in agricultural research.
Recently, he was one of 100 overseas Vietnamese intellectuals and scientists who were invited to write recommendations on Industry 4.0, contributing to the development of his home country.
Tai was deeply touched when learning that other overseas scientists’ ideas were sought by Prime Minister Nguyen Xuan Phuc.
“I was surprised to have the chance to return and express my own ideas to domestic and overseas Vietnamese scientists. As Vietnamese, we all want to do something for the country,” he told VIR.
Since last August, Tai has come back to Vietnam three times to build a new network in the agricultural sector to apply new technologies from Australia.
“We can use Artificial Intelligence to optimise and calculate the amount of water and fertiliser to achieve the highest productivity in changing climatic conditions,” Tai added.
Currently, he is negotiating to transfer this technology to Vietnam at a low cost.
Tai is just one of many overseas Vietnamese people who have been making contributions to Vietnam via their brainpower and money.
Along with their natural feelings for their homeland, they bring a great deal of enthusiasm and experience to make Vietnam richer, more civilised, and more beautiful. Many of them have even returned to the country to make bigger contributions.
After over two decades working for huge brands in North America, Nguyen Thanh My returned to Vietnam in 2004 to establish My Lan Group. So far, he has invested about $50 million into eight enterprises, providing jobs for over 800 workers.
Focusing on studying, manufacturing, and technology transfer in the field of material and equipment for the printing industry, My Lan accounts for over 60 per cent of the Vietnamese market and exports to over 50 countries in terms of computer-to-plate offset.
Furthermore, the company has invested $5 million to build a modern factory and production line for smart fertiliser with environmentally-friendly materials and production.
In 2018, My Lan’s total revenue was over $20 million. “I want to devote the rest of my life to building smart agriculture which suits the conditions of our country. Technology is a big chance to develop the economy in the context of climate change,” he said.
Meanwhile, Quy Vo-Reinhard, co-founder and chief data officer at Health Information Traceability, decided to invest in healthcare in Vietnam last year.
“So far, we have invested a five-figure amount in dollars. Vietnam’s population is big – if 100 per cent of the Swiss population participate in blockchain, that number is still smaller than Ho Chi Minh City’s population,” she said.
She told VIR that in Vietnam, high- and medium-ranked leaders understand the potential of the technology, which can be applied in many different sectors in service of socio-economic development.
Wishing to bring more solutions to Vietnam, Quy has been working with hospitals in Hanoi and is planning to co-operate with Ho Chi Minh City to implement the programme.
Luong Thanh Nghi Vice chairman, State Committee for Overseas Vietnamese, Ministry of Foreign Affairs
The 4.5 million overseas Vietnamese who are living, working, and studying across the globe have firm legal positions, and are deeply integrated into local societies in terms of politics, the economy, and culture. We highly appreciate the economic and scientific potential of overseas Vietnamese people. Some 400,000-500,000 specialists and scientists are living mostly in developed countries, and every year Vietnam welcomes about 400-500 scientist arrivals who co-operate with domestic companies and government agencies.
Economically, besides remittances, overseas Vietnamese people have poured money into 3,000 projects with the total investment capital of $4 billion. In 2018, we continuously witnessed the vast contribution of the overseas intellectual force to the country. The State Committee for Overseas Vietnamese held seminars and forums to spread love for the country, such as a technology science forum for young Vietnamese people returning home to run their own career.
In June last year, in collaboration with the Ho Chi Minh City People’s Committee, we held a programme to connect domestic and overseas startups with the participation of hundreds of Vietnamese entrepreneurs living in the US and other countries. They shared their ideas to help domestic businesses build startup ecosystems which are catching up with the world. Last August, in co-operation with the Ministry of Planning and Investment, the Ministry of Science and Technology and the Ministry of Education and Training held a meeting with 100 Vietnamese intellectuals and scientists living around the world. At a forum for overseas intellectual youth held by the Ho Chi Minh Communist Youth Union last November, 70 young overseas people advanced 250 ideas related to science and technology.