Overview of the meeting (Photo: VNA)According to the Ho Chi Minh City Committee for Overseas Vietnamese, in recent years, overseas Vietnamese’s demand of applying for restoration of or confirmation of Vietnamese nationality is increasing. The reason is that the majority of elderly overseas Vietnamese want to return to Vietnam to live; while some young overseas Vietnamese want to return to Vietnam to invest, build and develop the country. Mr. Phung Cong Dung, Chairman of the Ho Chi Minh City Committee for Overseas Vietnamese, said that since the Law on amendments and supplements to some articles of the Laws on Vietnamese Nationality and the Law on Housing encouraging overseas Vietnamese to return to Vietnam to build the country is applied, nationality is considered as an advantage for overseas Vietnamese to invest in Vietnam. Specifically, in 2017, the amount of remittances sent to Ho Chi Minh city reached USD5.2 billion; 72% of which was used in production and business, 22% was invested in real estate and the remaining was used to support their relatives. At the meeting, many overseas Vietnamese and those whose job relating overseas Vietnamese raised concerns about application for restoration of or confirmation of Vietnamese nationality of overseas Vietnamese;… Read full this story
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