18-01-2022 13:49
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.
05-01-2022 11:46
The State Bank of Vietnam (SBV) roughly estimated that remittances inflow to Vietnam reached $12.5 billion in 2021.
30-12-2021 11:00
Local banks are tapping into significant huge overseas cash as Vietnam continues to maintain its growth momentum among the world’s largest remittance beneficiaries.
26-11-2021 20:56
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).
14-10-2021 11:58
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.
09-08-2021 13:15
Despite the impact of the COVID-19 outbreak, remittances flowing into Ho Chi Minh City increased sharply in the first seven months of 2021.
21-07-2021 17:26
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.
16-07-2021 08:08
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.
26-05-2021 14:00
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.
22-02-2021 10:16
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.
26-01-2021 16:52
After years of constant rise, inward remittance volume to Vietnam slightly retreated last year, but remained at a fairly significant level.
31-12-2020 15:00
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.
13-11-2020 12:49
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.
07-10-2020 17:43
Seven Bank announced that it will first provide remittance services to Vietnam with a money remittance platform supplied by its partner DBS Bank.
29-09-2020 19:00
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.