survey charts overseas remittances

Survey charts overseas remittances

Most overseas remittances to Viet Nam have been used for meeting daily expenses and for purchasing gold, according to the Central Institute for Economic Management (CIEM).
remittance grey market thrives towards year end

Remittance ‘grey market’ thrives towards year-end

Remittances are pouring into Vietnam towards the year’s end, but most of this money is bypassing the official banking sector.
city remittances hit 44b

City remittances hit $4.4b

Overseas Vietnamese's remittances via commercial banks and economic organisations in HCM City in the first 11 months of the year was estimated at US$4.4 billion, according to the HCM City branch of the State bank of Viet Nam (SBV).
remittances could total 5b in city

Remittances could total $5b in City

HCM CITY - Remittances by overseas Vietnamese through banks and other official channels to HCM City could reach US$5 billion this year, an increase of $1 billion from last year, according to the State Bank of Viet Nam.
overseas remittances continue to increase

Overseas remittances continue to increase

HCM CITY - Overseas Vietnamese have remitted nearly US$2.8 billion through HCM City-based banks in the first eight months of this year, 6.2 per cent higher than in the same period last year, according to the deputy head of the State Bank of Viet Nam's city branch.
hcm city remittances reach 24b ahead of peak season

HCM City remittances reach $2.4b ahead of peak season

Overseas remittances to HCM City in the first seven months reached US$2.42 billion, representing a year-on-year increase of 5.2 per cent.
vietnam in global top 10 for foreign remittances

Vietnam in global top 10 for foreign remittances

The World Bank (WB) has announced Vietnam is among the top ten overseas remittance recipients in the world, receiving US$11 billion last year alone.
remittances revive real estate

Remittances revive real estate

Property developers are eyeing the remittances overseas Vietnamese traditionally send before Tet (the Lunar New Year).
vietnam remittances top 11 bln half go to hcmc

Vietnam remittances top $11 bln, half go to HCMC

Vietnam received a remittance flood of US$11 billion in 2013, and 50 percent of the sum was dedicated to recipients in Ho Chi Minh City.
overseas remittances likely to hit us 11 billion

Overseas remittances likely to hit US$11 billion

Commercial banks are expecting a sharp increase in overseas remittances as 2013 draws to a close, estimating a yearly total approaching US$11 billion.
gso expert evaluates remittance success

GSO expert evaluates remittance success

In the latest forecast from the State Bank of Vietnam (SBV), remittances into the country are likely to hit $11 billion this year, rising healthily against $9.75 billion last year. This would bring total remittances for the last 20 years to $84 billion.
city receives flood of remittances

City receives flood of remittances

Inward remittances via HCM City banks topped US$3.7 billion in the first 10 months of the year, and are expected to reach $4.8 billion this year, according to the State Bank of Viet Nam's HCM City branch.
soaring remittances expected to excel in q4

Soaring remittances expected to excel in Q4

Remittances to Vietnam are continuing to gain momentum.
vietnam in top 10 overseas remittance recipients

Vietnam in top 10 overseas remittance recipients

Vietnam is expected to receive US$11 billion in overseas remittances in 2013, ranking it among the World Bank’s (WB) 10 leading remittance recipients in the world.
inbound remittances to hit new record

Inbound remittances to hit new record

Vietnam is forecast to receive between $4.5-4.8 billion worth of overseas remittances this year - the figure that will remarkably surpass the $4.1 billion level of 2012.