27-12-2017 14:44
Over the past several years, the foreign remittance inflows sent by over fours million Vietnamese workers living from 187 countries and territories have been steady, despite the Fed’ raising interest rates three times in 2017.
11-12-2017 21:47
The local currency has managed to stay healthy against the greenback so far, while overseas remittances are forecast to be on par with last year. The secret behind the dong’s strength and the dynamics influencing remittance flows for the year are explained by Barry Weisblatt, head of Research at Viet Capital Securities JSC, to VIR’s Trang Nguyen.
05-10-2017 09:05
Overseas remittance flowing into HCM City until the end of September rose 12.5 per cent month-on-month to nearly US$3.38 billion.
27-09-2017 17:52
US President Donald Trump’s announcement of tightening control over money outflows from the US, gave rise to concerns over possible impacts on inward remittance flows to Vietnam. Financial expert Huynh Trung Minh scrutinises the issue.
19-09-2017 09:27
Although the amount of remittance flows into Ho Chi Minh City in the first eight months of 2017 slightly increased compared to the same period last year, it is forecasted that the city’s overseas remittances might still decrease by the end of the year, mainly due to pressure from the Federal Reserve System's (Fed) policy.
23-06-2017 10:17
Remittances to HCM City in the first six months of the year were worth US$2.1 billion, marginally up from the same period last year, according to the State Bank of Viet Nam’s HCM City branch.
25-01-2017 10:08
Vietnam could very well sit back and relax, with total overseas remittance inflows estimated at around $13 billion for 2016, higher than the earlier projection of $11-12 billion – but the stream could slow in 2017.
15-12-2016 09:35
Overseas remittances to HCM City this year are expected to reach US$5 billion instead of the expected $5.5 billion.
04-11-2016 16:42
One fifth of the kieu hoi (overseas remittance) volume in 2015 has gone into the real estate sector, according to the State Bank of Vietnam (SBV).
13-10-2016 09:14
The Government should offer incentives to projects funded by overseas remittances, a conference on policies related to remittances heard in HCM City on October 11.
12-04-2016 09:16
Remittances to HCM City in the first quarter of this year is estimated to have reached US$1.15 billion, up $250 million against last month.
14-03-2016 10:40
Despite overseas remittances off to a strong start this year, experts have expressed concerns about "complicated fluctuations" likely at home and abroad.
04-03-2016 08:00
The remittances to HCM City, which is one of the top localities nationwide receiving the largest volume, reached more than US$900 million in the first two months this year.
14-01-2016 11:24
Real estate attracted one-fifth of remittances to Ho Chi Minh City in 2015, signalling a steady revival of the sector.
17-12-2015 13:49
Viet Nam this year would remain among the top 15 recipients with remittances of roughly US$12.5 billion from Vietnamese living overseas, a World Bank (WB) report says.