In the past, have there been any overseas Korean enterprises and entrepreneurs who have made outstanding direct contributions to the fields of investment, technology, and innovation in Vietnam that you are impressed with?
- Most of the successful NVNONN entrepreneurs are in developed countries, have experience in corporate governance, access advanced technology and operate according to international standards. When returning to investment or cooperation, they bring new technology, modern business models, international production standards... to help increase productivity, modernize production, improve the quality of domestic products and services. They are also a strategic "connector" to bring Vietnam deeper into the global economic network, especially in leading financial, science and technology centers. At the same time, they contribute to training and coaching domestic labor and management teams, improving the quality of human resources for integration.
Many overseas entrepreneurs have brought many large investment projects to the country, and are key shareholders in many large corporations and companies.
To date, there are nearly 460 FDI projects of NVNONN in Vietnam, with a total registered capital of nearly 1.73 billion USD.
In recent years, we have also witnessed a wave of overseas Vietnamese, especially young people born and raised abroad, with experience working at international companies, returning to invest and being quite successful in fields such as finance, technology, biology, blockchain, IoT, education and training and pharmaceuticals. Many enterprises founded by overseas Vietnamese, typically RYNAN technologies Vietnam, The Lab Saigon, POPS Worldwide, Christinas, Wisepass, Phygital Labs, base.vn, Elsa, Logivan, Gotit, Uiza, WeFit.... are contributing to shaping the domestic startup ecosystem. These models not only carry a modern mindset but also elevate Vietnamese brands in the international market. Obviously, the trend of overseas Vietnamese starting a business in Vietnam is becoming an important part of the country's innovation process.
The contributions of NVNONN entrepreneurs do not stop at the economy, but what significance do they have for people's diplomacy, building national brands and international integration of Vietnam?
- With an extensive network of international relations, NVNONN entrepreneurs are an effective bridge between Vietnamese enterprises and global markets, supporting trade promotion, connecting investment, and introducing partners. Through associations and clubs of overseas Vietnamese entrepreneurs, they bring Vietnamese products and brands to the international community, while bringing international standards to the country, promoting extensive economic integration.
Many pioneers have built a supply chain from logistics, quality assurance to retail, while sharing knowledge, experience in management and taking advantage of international relations to enhance the reputation of Vietnamese goods. Their success also spreads the image of a dynamic, creative and reliable Vietnam, thereby enhancing the national position and creating a positive effect in attracting investment, tourism, and international cooperation.
Notably, overseas Vietnamese enterprises have formed a system of distributing Vietnamese goods in many key markets such as Europe, North America, Northeast Asia and ASEAN. Brands such as Tamda Foods in the Czech Republic, Dong Xuan and Sa Pa shopping malls in Germany, ASG shopping malls in Poland, or distribution channels of overseas Vietnamese in Australia, Japan, Thailand, Sweden, Slovakia... have become the fulcrum to bring Vietnamese products to the local market.
Overseas Vietnamese businesses not only build a modern supermarket and shopping center system, but also promote the role of the second and third generations of overseas Vietnamese, those who are knowledgeable about local tastes, as a team of personnel, becoming an effective "connector" to bring Vietnamese goods closer to European consumers.
They also actively accompany the Embassy and the Vietnamese community in major diplomatic events, accordingly, shopping malls are not only business establishments but also places for community events such as Lunar New Year or sports competitions, supporting charity programs, teaching Vietnamese, thereby connecting overseas Vietnamese people and introducing and promoting traditional culture to the local community. The Vietnam Town model, most recently launched in Udon Thani and Nakhon Phanom, Thailand, not only brings benefits to the community but also promotes tourism, creates business opportunities, and strengthens relationships between the Vietnamese community and local people, the international community.
What orientations and mechanisms does the State Committee for Enterprises have to encourage and create more favorable conditions for overseas Vietnamese entrepreneurs to participate deeply in the country's development strategies in the coming period?
The Committee identifies 4 key areas: First, coordinate with ministries and branches to propose perfecting institutions and policies, simplifying administrative procedures, creating a favorable, transparent and fair investment environment.
Second, promote the construction of connecting channels, create forums for entrepreneurs to meet with local leaders and ministries, promote digital platforms to provide quick and accurate information about investment opportunities.
Third, accompanying entrepreneurs in practice, not only creating policies but also directly supporting the removal of difficulties in the project implementation process, while promoting the intelligence and initiatives of overseas Vietnamese in national strategic planning.
Fourth, create an equal environment, encourage overseas Vietnamese entrepreneurs to participate in key areas such as high technology, innovation, digital economy, modern agriculture, green development and key infrastructure.
The Committee's consistent policy is to take the Korean business community and intellectuals as the core to attract resources, knowledge and technology from all over the world. Overseas Vietnamese entrepreneurs are the bridges, the "economic ambassadors" contributing to bringing the image of Vietnam to deeply and firmly integrate into the global economy. The Committee is committed to always being a trusted companion, working with the team of overseas Vietnamese entrepreneurs to realize the common development goals of the country.
Sincerely thank you!
