International migration experts on March 26 suggested Vietnam should work more closely with destination countries to improve the speed and reduce costs for overseas Vietnamese of sending remittances back home.
At the international conference entitled the “Socio-economic impacts of emigration,” specialists from the Vietnam Asia-Pacific Economic Centre (VAPEC) also urged the Vietnamese government to increase ties with official financial institutions to facilitate the flow of remittances.
The current policies, they said, are not effective enough in optimizing all the resources that Vietnamese emigrants overseas can bring to national development.
Emigration became common in Vietnam after the end of the US war. Statistics show that around 5 percent of families nationwide have one or more members who have migrated, mainly to the US, Taiwan, the Republic of Korea , Malaysia and Russia . Read more
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