western union toasts its 8000th agent in vietnam

Western Union toasts its 8,000th agent in Vietnam

Western Union, a leader in global payment services, last week clocked up a landmark 8,000 agents in Vietnam, making it the largest international money remittance network in the country.
overseas remittance to vietnam to hit 85 billion

Overseas remittance to Vietnam to hit $8.5 billion

The volume of overseas remittance to Vietnam is forecast to hit $8.5 billion this year, a record high compared to last year’s $8 billion, according to the State Bank of Vietnam (SBV).
sluggish real estate market poses financial risks

Sluggish real estate market poses financial risks

A slowdown in the real estate market together with a decrease in FDI investment and overseas remittances are threatening Vietnamese financial markets.
remittances flood into the country during 2011

Remittances flood into the country during 2011

Inward remittance will possibly be more fruitful in the remaining months of the year as that is when overseas Vietnamese send money home to their relatives.
remittances tumble amid instability

Remittances tumble amid instability

Overseas remittances into Vietnam saw a decline in the past months on the back of economic vulnerabilities.
new dollar rates wont affect remittances

New dollar rates ‘won't affect remittances'

The lower interest rates will not affect the inflow of remittances by Vietnamese abroad, the Vietnam Association of Financial Investors has assured.
more cash pours in from overseas vietnamese

More cash pours in from overseas Vietnamese

The World Bank predicts inward remittances will increase by more than 6 per cent this year, based on the amount of last year.
strong remittance flows for 2010

Strong remittance flows for 2010

Overseas remittances to Vietnam this year are forecasted to beat last year’s figure.

Foreign reserves keep growing

Overseas remittances and foreign investment inflows picked up in November, helping ease pressure on foreign currency reserves, the State Bank of Viet Nam said yesterday.
big surges in foreign currency and overseas remittance

Big surges in foreign currency and overseas remittance

Vietnam has witnessed sudden surges in foreign indirect investment (FII) and overseas remittance, according to the State Bank of Vietnam (SBV).
overseas remittances forecasted at 72 bil in 2010

Overseas remittances forecasted at $7.2 bil. in 2010

In 2010, Vietnam expects to receive $7.2 billion of overseas remittances, up $400 million against last year.
remittances help to fortify foreign exchange levels

Remittances help to fortify foreign exchange levels

Vietnam has enjoyed a big surge in overseas remittances, on the back of a positive global economy, helping it secure forex levels.
mof to ease the flow of securities

MoF to ease the flow of securities

The Ministry of Finance has removed some of the barriers to foreign individuals and institutional investors in over-the-counter securities to facilitate remittances back to their countries after two years of unclear tax regulations.