“The Party, State and Government have often offered the most favourableconditions for them to help build the country,” said Dr Tran Van Tung, whospoke at the conference “Vietnam – Connectivity, Renovation and Creativity2017”.
At the conference, many young overseas Vietnamese spoke about the encouragingresults of their start-up businesses in the country.
Nguyen Trong Nhan, an overseas Vietnamese from France who is director of FABLABSai Gon, now has seven FABLAB around the country and 1,500 worldwide.
FABLAB is similar to a club that supports those who have a passion forinnovation and invention.
“Recent policies from the Government have created favourable conditions for thestart-up community, but start-ups still have a lot of difficulties,” Nhan said.
Huynh Hanh Phuc, founder and CEO of Teach for Vietnam, said: “In the future,all Vietnamese children will have a chance to receive an excellent education.”
Phuc’s project aims to narrow the gap between education in Vietnam and theworld.
Nguyen Viet Hung, director of BSB Development and Investment Limited company,said that overseas students in developed nations who returned to work in Vietnamlove their home country.
“They face a lot of difficulties in the working environment in Vietnam,” hesaid.
For David Ngo, an IT expert who studied in the US, said: “The Government has astart-up nation policy and Vietnam is developing science and technology. Ibelieve that if the country gets enough investment, Vietnam will developstrongly.”
He said the start-up spirit among young Vietnamese was high but “not deep”.
“Start-ups need careful guidance from veterans. Young people could facebankruptcy if they don’t have financial resources and enough skill,” he added.
Duong Minh Tri from the HCM City Physics Institute said that in biologystart-ups, the Government’s most important role was creating a transparentbusiness environment.
He said the start-up spirit should be enhanced in universities and colleges,while a fund to support start-ups should be established.
“Funds should be given for projects at universities and institutes if theprojects have connections with enterprises. The Government should reduce orexempt tax for private enterprises that take part in research and production ofnew products,” he said.
David Ngo also said the Government should create a transparent legal frameworkto attract overseas Vietnamese to work in the country.
“If the Government does not release a breakthrough policy, it will be hard toinvite overseas Vietnamese to take part in scientific and technology research,”Nguyen Phu Binh, chairman of the Liaison Committee for Overseas Vietnamese,said.-VNA