Abstract
The paper explores the vital issues of attracting investment from Vietnamese emigrants of different generations to the economy of the present-day Vietnam. We give the definition of the Vietnamese Diaspora (Viet Kieu) and a short overview of emigrant waves. In addition, we explain how leaders of the Socialist Republic of Vietnam have interacted with overseas Vietnamese and their organizations in the field of economy over the years. The paper demonstrates geographic differences existing in this type of investment. Further, we outline the measures taken to encourage the Viet Kieu investment in the country’s economy as well as the success rate of these measures. Finally, we specify the barriers to investing in the national economy of Vietnam for “overseas fellow nationals”.
Highlights
A characteristic feature of the current economic processes is the increasing role of Diasporas in the international cooperation
This paper explores the contribution of the overseas Vietnamese Diaspora to the investment in the economy of Vietnam
Since our article focuses on the role of the Vietnamese Diaspora in modernizing the economy of Vietnam, we will only define the notion of Viet Kieu
Summary
A characteristic feature of the current economic processes is the increasing role of Diasporas in the international cooperation. This paper explores the contribution of the overseas Vietnamese Diaspora to the investment in the economy of Vietnam. Since our article focuses on the role of the Vietnamese Diaspora in modernizing the economy of Vietnam, we will only define the notion of Viet Kieu.
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