mb promotes investment assistance for vietnamese expatriates

MB promotes investment assistance for Vietnamese expatriates

Military Commercial Joint Stock Bank (MB) serves as a critical credit institution, offering comprehensive financial and investment guidance to Vietnamese expatriates living and working abroad.
remittances to vietnam roughly reached 126 billion in 2021

Remittances to Vietnam roughly reached $12.6 billion in 2021

The State Bank of Vietnam (SBV) roughly estimated that remittances inflow to Vietnam reached $12.5 billion in 2021.
banks enable smooth remittances

Banks enable smooth remittances

Local banks are tapping into significant huge overseas cash as Vietnam continues to maintain its growth momentum among the world’s largest remittance beneficiaries.
remittance to vietnam to reach 181 billion in 2021

Remittance to Vietnam to reach $18.1 billion in 2021

Remittance inflows to Vietnam are predicted to reach $18.1 billion in 2021, according to a recent announcement from the World Bank and the Global Knowledge Partnership on Migration and Development (KNOMAD).
remittances steady as lenders apply fresh transfer services

Remittances steady as lenders apply fresh transfer services

Remittance flows from Vietnamese expatriates working abroad are predicted to remain resilient throughout the rest of the year, with the country’s central bank keeping its policy steady for now.
remittances to ho chi minh city rise to 37 billion in first seven months

Remittances to Ho Chi Minh City rise to $3.7 billion in first seven months

Despite the impact of the COVID-19 outbreak, remittances flowing into Ho Chi Minh City increased sharply in the first seven months of 2021.
visa makes it a breeze to receive funds from abroad with visa direct

Visa makes it a breeze to receive funds from abroad with Visa Direct

Visa, the world’s leader in digital payments, has partnered with Vietnamese banks to make it easier for Visa debit card holders to receive inbound remittances using MoneyGram and Remitly. Powered by Visa Direct, cardholders will receive the funds directly to their accounts in near real-time.
remittances to ho chi minh city reach 32 billion in first half of 2021

Remittances to Ho Chi Minh City reach $3.2 billion in first half of 2021

Remittances to Ho Chi Minh City reached $3.2 billion in the first six months of this year, up 22.34 per cent compared to 2020.
digital services to spur increasing remittances

Digital services to spur increasing remittances

Even as the global industry is on a declining trajectory, the rising number of international remittances is predicted to flow into Vietnam and some digital initiatives are being explored to smoothen and expedite remittance transactions.
remittances to ho chi minh city at a record high of 61 billion

Remittances to Ho Chi Minh City at a record high of $6.1 billion

The total remittances to Ho Chi Minh City in 2020 increased 12 per cent on-year to $6.1 billion, setting a new record despite the impact of the COVID-19 pandemic.
prospects remain bright over dented remittance inflows

Prospects remain bright over dented remittance inflows

After years of constant rise, inward remittance volume to Vietnam slightly retreated last year, but remained at a fairly significant level.
faith abounds in growth prospects

Faith abounds in growth prospects

Despite a decline in state budget revenue, remittances, and foreign direct investment, Vietnam is expected to see positive growth with a surplus in current account this year thanks to a rise in export turnover and foreign currency reserves.
mobile money in line to protect remittances

Mobile money in line to protect remittances

Although global remittances are expected to see a sharp decline as the coronavirus-induced crisis continues to drag on the whole economy, Vietnam’s remittance flow is predicted to see a better outlook as overseas citizens send money back home to their relatives, particularly in the context of the upcoming adoption of mobile money services.
vietnamese to receive remittance payments via app of japanese seven bank

Vietnamese to receive remittance payments via app of Japanese Seven Bank

Seven Bank announced that it will first provide remittance services to Vietnam with a money remittance platform supplied by its partner DBS Bank.
export turnover lends country further surplus in spite of snags

Export turnover lends country further surplus in spite of snags

Despite a decline in state budget revenue, remittances, and foreign direct investment, Vietnam is expected to see a surplus in current account this year thanks to a possible rise in export turnover.