Experts
are weighing up how to help overseas Vietnamese boost local investment
efficiency.
Reality shows that 90 per cent of investment
by Viet Kieu entrepreneurs into their home country focused on three key fields
namely processing and manufacturing industry, property business and information
communications technology.
However, Viet Kieu entrepreneurs’ investment
in terms of capital and projects is still below their expectations.
Canada-Vietnam Friendship Association chairman
Do Trac Bang said the Vietnamese government needed to conduct sociological
surveys to uncover the potential and capacity of Viet Kieu business people in
each country and region, from there introducing suitable plans to tap their
advantages.
“At first, it would be important to make clear
- what do Viet Kieu entrepreneurs have and what they would receive in returns
when pumping money into home country, and what the Vietnamese government would
need from them,” said Bang.
Bang said a win-win cooperative model would be
the best option to help enhance linkages between local and Viet Kieu business
people while benefiting both sides.
An American Vietnamese and Ho Chi Minh
City-based Anson Limited director Nguyen Trong Nguyen said development
strategies in proper areas and at right time would be vital to any business’
success.
In respect to investment directions, Nguyen
recommended Viet Kieu businesspeople pour money into expanding Vietnam’s export
distribution system in the host countries for advantageous products as
agricultural and seafood items, processed food, consumer goods, home interior
furnishings, garments, leather bags, footwear and household electronic items.
In terms of tactics, Nguyen advocated buyouts
of intellectual property rights from Viet Kieu entrepreneurs to boost the
efficiency of made-in-Vietnam products. Vietnamese export producers could sign
contracts to buy these intellectual property rights from Viet Kieu
entrepreneurs whereas payment is made through products.
This would help slash the production cost,
raise production efficiency for Vietnamese side while bringing benefits to
producers and distributors, said Nguyen.
Viet Kieu businesses wishing to set up shop in
home country should step up into areas such as chipset design, airport
infrastructure, gene technology, transport, alternative energy sources,
high-grade education and training which offer great opportunities for
development.
“Viet Kieu entrepreneurs should not return
home just to play the role of chief representatives or executive directors for
foreign employers to get pay. Instead, they should get involved into firms as a
stakeholder and have a say in the management board,” Nguyen said.
Anh Hoa | vir.com.vn
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