Remittances

Remittances to HCM City up 37% in first haft of 2023

15:44 | 20/07/2023 Headlines

Remittances to Ho Chi Minh in the first half of 2023 topped 4.33 billion USD, an increase of 37% compared to the same period last year, the State Bank of Vietnam’s (SBV) HCM City branch reported.

HCM City seeks ways to attract more remittances

15:18 | 30/05/2023 Headlines

The southern largest economic hub of Ho Chi Minh City is striving to achieve an annual growth rate of at least 10% in the inflow of remittances during the 2023-2025 period and maintains this rate in 2025-2030.

Remittances to HCM City likely to hits 7 billion USD in 2023

15:54 | 23/05/2023 Headlines

Remittances to Ho Chi Minh City are expected to reach 7 billion USD in 2023, an annual increase of about 6-7%.

Vietnam among world’s 10 biggest recipients of remittances

20:06 | 28/01/2023 Headlines

Vietnam remains one of the 10 countries receiving the most remittances in the world, according to the recent Migration and Development Brief by the World Bank and the Global Knowledge Partnership on Migration and Development (KNOMAD).

Remittances to Vietnam forecast to increase by 4.4% in 2022

16:26 | 28/12/2022 Headlines

International organisations have forecast that the total amount of remittances to Vietnam may increase by 4.4% in 2022 and 3.6-4.5% the following year.

Overseas remittances forecast to rise 4.4% this year

16:22 | 19/12/2022 Headlines

Despite the current growth rate of overseas remittances to Vietnam being lower than last year, the total amount of remittances to the country is projected to rise by 4.4% this year before increasing by between 3.6% and 4.5% in 2023, according to international organisations.

Overseas remittances to Vietnam increase as Tet approaches

15:55 | 11/01/2022 Headlines

In the run-up to Tet (Lunar New Year), the biggest traditional festival of Vietnam, the inflow of remittances sent by overseas Vietnamese to the homeland has been on the rise, fueled further by local banks’ preferential programmes.

Remittances to HCM City rise by 22.34% in first half of 2021

19:22 | 12/07/2021 Headlines

Remittances to HCM City topped US$3.2 billion in the first half of the year, a 22.34 per cent increase year-on-year.

Vietnamese abroad send more than $17 billion home in remittances in 2020

19:33 | 15/05/2021 Headlines

This represented a rise of nearly 3 per cent over 2019, a very positive result compared to the previous forecast in the context of the COVID-19 pandemic.

HCM City receives US$6.1 billion in remittances in 2020

20:09 | 10/02/2021 Headlines

The flow of remittances into Ho Chi Minh City reached US$6.1 billion in 2020, representing a sharp increase of 12% compared to the same period from last year, according to Nguyen Hoang Minh, deputy director of State Bank Ho Chi Minh City Branch.

Overseas remittances to HCM City remain stable despite COVID-19

15:57 | 03/12/2020 Headlines

Overseas remittances to Ho Chi Minh City remain stable despite the COVID-19 epidemic, with the overall amount anticipated to reach approximately US$5.5 billion this year.

Overseas remittances estimated at US$15.6 billion in 2020

10:32 | 28/11/2020 Import-Export

Overseas remittances to Vietnam are projected to fall slightly from US$17 billion last year to more than US$15.6 billion this year, reported the World Bank.

Remittances to Vietnam to further rise in 2019

20:58 | 16/12/2019 Finance

Remittances to Vietnam are likely to further increase in 2019 because overseas Vietnamese people believe in the stability of the economy and see better investment opportunities economist Nguyen Tri Hieu said

Remittances from US could fall this year

19:33 | 04/04/2018 Import-Export

Foreign remittances are estimated to amount to US$13.8 billion for 2017, the highest growth rate of the past five years and a year-on-year increase of 16%, according to the latest statistics provided by the World Bank.

Remittances to hit US$5.2 billion this year

21:23 | 12/12/2017 Finance

Overseas remittances to Ho Chi Minh City is expected to total 5 2 billion USD this year up 4 5 percent year on year said an official of the State Bank of Vietnam SBV