The resources of the diaspora, a driving force of the start-up ecosystem in Vietnam
With more than six million Vietnamese residing and working in over 130 countries and territories, the Vietnamese community abroad is increasingly asserting its role as a strategic resource for national socio-economic development.
– Development of a national project for innovative start-ups – Generation Z and start-ups: success for those who step out of their comfort zone – Start-ups from Vietnamese universities benefit from support for innovation
[Context: The article discusses the significant impact of the Vietnamese diaspora on the start-up ecosystem in Vietnam, highlighting their contributions in terms of financial support, knowledge, technology, governance expertise, and international networks.]
[Fact Check: The total amount of funds transferred to Vietnam in the past decade exceeded $190 billion, positioning the country as one of the top 10 recipients of remittances globally.]
[Fact Check: Ho Chi Minh City remains the primary destination for remittances, receiving around 60% of the national total annually.]
[Fact Check: The Vietnamese government has prioritized science, technology, and digital transformation as strategic pillars for development in the new growth phase.]
[Fact Check: The article points out the existing gaps in Vietnam’s start-up ecosystem, such as the lack of growth capital, governance standards, and coordination between various entities.]
[Context: The state of Vietnam has implemented several measures to effectively mobilize diaspora resources, including visa exemptions, property rights expansion, and network-building programs.]
[Fact Check: Ho Chi Minh City’s start-up ecosystem currently comprises around 2,000 companies, focusing on sectors like artificial intelligence, fintech, e-commerce, and high-tech agriculture.]
[Fact Check: The city aims to become one of the top 100 innovative entrepreneurial cities globally by 2030.]
[Fact Check: Experts and entrepreneurs emphasize the need for long-term policies to attract and utilize diaspora resources effectively.]
[Fact Check: The sustainable attraction of diaspora resources requires a shift towards long-term public policies and stable legal frameworks for cross-border investments.]
[Context: Once the institutional, managerial, and international aspects of the ecosystem are strengthened, the Vietnamese community abroad can play a strategic role in making Vietnam a globally integrated entrepreneurial and innovative nation.]
VNA/CVN
