overseas remittances must be prioritised as investment source conference

Overseas remittances must be prioritised as investment source: conference

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.
remittances to hcmc reaches 115b in q1

Remittances to HCMC reaches $1.15b in Q1

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.
remittance fluctuations feared despite strong start to the year

Remittance fluctuations feared despite strong start to the year

Despite overseas remittances off to a strong start this year, experts have expressed concerns about "complicated fluctuations" likely at home and abroad.
remittances flow to hcm city

Remittances flow to HCM City

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.
remittances revive real estate

Remittances revive real estate

  Real estate attracted one-fifth of remittances to Ho Chi Minh City in 2015, signalling a steady revival of the sector.
vietnam a top remittance recipient

Vietnam a top remittance recipient

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.
inward remittances show rosy prospects

Inward remittances show rosy prospects

Nguyen Hoang Minh, deputy director of the Ho Chi Minh City branch of the State Bank of Vietnam, shares with VIR’s Thuy Vinh the city’s inward remittance picture during January-May and its growth perspective in 2015.
more remittances to fund property purchases

More remittances to fund property purchases

Viet Nam is expected to see rising remittances enter the property market, following the amended housing law that allows Viet Kieu (overseas Vietnamese) to own a house in the country.
viet nam ranks 10th worldwide in remittances

Viet Nam ranks 10th worldwide in remittances

Viet Nam was among the top 10 countries in the world with the largest amount of remittances from abroad last year, with around US$12 billion, according to the Western Union company, which handles money transfers worldwide.
70pct inward remittances channeled into production cbank

70pct inward remittances channeled into production: cbank

Vietnam received about US$12 billion worth of inward remittances last year, most of which has been invested in production and business activities, according to the State Bank of Vietnam at a recent conference in Ho Chi Minh City.
vietnam remittances top 12 bn in 2014

Vietnam remittances top $12 bn in 2014

During the course of 2014 Vietnamese citizens residing overseas remitted $12 billion, 46 per cent of which was used as investment capital with the remainder sent to relatives.
moneygram donga bank to deliver remittances to customers door

MoneyGram, DongA Bank to deliver remittances to customers' door

MoneyGram and its strategic partner Viet Nam DongA Bank yesterday (Jan 27) launched a new service that will deliver remittances to the homes of the recipients.
vietnam expects big remittances in 2015

Vietnam expects big remittances in 2015

Remittance inflows into Vietnam are expected to continue increasing this year, as overseas Vietnamese look to put their savings to work.
remittances to help thaw the residential market

Remittances to help thaw the residential market

Real estate projects are expected to attract remittances from overseas Vietnamese, as the market revives and conditions become more favourable.
record high overseas remittances

Record high overseas remittances

In recent years, Vietnam is one in ten countries receiving the largest amount of overseas remittances and in 2015 alone, the overseas remittances is estimated to reach between $13 billion to $14 billion according to the State Bank.