Deepening the bond between expatriates and Vietnam

As Vietnamese expatriates finalize plans to return for the Year of the Horse Lunar New Year, the focus turns to "Homeland Spring 2026." This annual gathering in Hanoi on February 8 serves as more than a celebration; it underscores the diaspora's evolving role as a critical resource for the nation.

No longer on the periphery

Dr. Tran Hai Linh, a prominent business leader returning from South Korea, observed that the event has transcended cultural symbolism. 

"This return feels deeper," Dr. Linh noted, citing Vietnam’s powerful transformation. He emphasized that the diaspora is no longer viewed as standing on the periphery but an inseparable component of the nation, invited to walk in step with Vietnam's development.

State President Luong Cuong and his spouse at the "Homeland Spring" 2025 art exchange program. Photo: VNA

Hoang Dinh Thang, representing the Vietnamese community in Europe, echoed this sentiment. He highlighted the diaspora’s "soft power" and argued that persistent contributions from abroad are essential to propelling Vietnam into a new era of prosperity.

Tangible impact

The 6.5 million-strong overseas community, spread across 130 countries, has become a formidable economic powerhouse. 

Expatriates have invested $1.729 billion in 457 domestic projects. According to Foreign Minister Le Hoai Trung, 2025 saw remittances reach a record high of over $16 billion, providing a massive material boost to the economy.

Beyond capital, the intellectual contribution is surging. With approximately 600,000 expatriates holding advanced degrees, the diaspora is driving domestic progress in science, technology, and digital transformation. 

Over 2,000 members have joined innovation networks across 22 countries, acting as bridges for transferring advanced management and technology to the homeland.