Vietnam Praises Role of Viet Kieu Business

Businesses owned by overseas Vietnamese —Viet Kieu — are playing a leading role in Vietnam’s socio-economic development, said Foreign Minister Pham Gia Khiem, speaking at a gathering of 200 Viet Kieu from 40 countries to establish a business association promoting co-operation between domestic and overseas Vietnamese enterprises.

Overseas Vietnamese are significant in helping the development of the nation as well as enhancing co-operation and friendship between Vietnam and other countries. They have invested in more than 3,000 domestic projects worth $2 billion.

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