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Search Results: 105 results for keyword "remittance".
Remittance fee drop could boost economy
23-10-2024 19:00
Experts have recommended that Vietnamese banks collaborate with foreign institutions to reduce remittance fees, as remittances remain one of the most vital financial sources for the country, especially for Ho Chi Minh City.
$5.5 billion remittance flows to Ho Chi Minh City in first nine months
14-10-2024 14:52
The flows of remittances to Ho Chi Minh City reached $5.5 billion in the first nine months of 2024, a 10 per cent increase against the same period last year, according to Nguyen Duc Lenh, deputy director of the State Bank of Vietnam’s Ho Chi Minh City branch, at a conference on October 11.
Strong remittance flows bring boost to the south
31-07-2024 14:45
Remittance flows to southern Vietnam in particular continue to grow strongly, with early implementation of the new Land Law expected to drive real estate growth towards 2025.
Ho Chi Minh City receives $5.2 billion in remittances in H1
18-07-2024 19:30
Remittances to Ho Chi Minh City surged nearly 20 per cent in the first half of the year, reaching approximately $5.2 billion.
Revised Land Law expected to drive remittances to real estate market: Experts
03-04-2024 16:33
The Land Law (revised), which expands land use rights for overseas Vietnamese (OV) and Vietnamese citizens residing abroad, meets the aspirations of OVs and contributes to mobilising investment resources to Vietnam at the same time, said Nguyen Duc Hieu, standing member of the National Assembly (NA) Economic Committee.
Remittances soar for Lunar New Year 2024
30-01-2024 17:49
The positive growth trend of remittances during festive seasons 2024 contributes to the stability of exchange rates, the foreign exchange market, and economic growth in Ho Chi Minh city.
Revised rules set to expand options for overseas nationals to own property
24-01-2024 10:08
New laws for next year are expected to help increase remittances into Vietnam, particularly towards the real estate sector.
Remittances play key developmental role
09-01-2024 14:55
The country is estimated to have received a rise in remittances from overseas Vietnamese people in 2023, with Ho Chi Minh City taking the lead.
Inward remittance likely to spike towards year-end
21-11-2023 17:43
Inward remittances have managed growth momentum in the year to date and this trend is expected to linger towards the year-end, particularly before the upcoming holidays.
Ho Chi Minh City records a 37 per cent increase in remittances
25-07-2023 09:47
Despite many countries facing economic slowdowns and high unemployment, remittances to Ho Chi Minh City experienced an upward trend in the first half of 2023.
Remittances to HCM City likely to hits 7 billion USD in 2023
23-05-2023 15:29
Remittances to Ho Chi Minh City are expected to reach 7 billion USD in 2023, an annual increase of about 6-7 per cent.
Inspiring inward remittances despite challenging 2022
12-01-2023 12:40
Vietnam saw stable inward remittance flow until the end of last year despite the global economic recession and spiking inflation around the world.
Dynamism underlined for Vietnam’s export economy
30-11-2022 14:00
The relationship between the growth of domestic content of exports and other output growth is quite close. Balance of payments constraint and economic growth are based on numerous factors. Countries need dollars to pay for essential imports and to meet payments obligations associated with interest payments on debt and profits of foreign companies. Countries receive dollars for their net exports, profits from or interest on assets held abroad, remittances, inward investment, and foreign borrowing.
Cash flows into overseas Vietnamese homeland continue to support its rise
14-09-2022 10:49
Over the past years, Vietnamese overseas have helped improve livelihoods back home with increasingly large remittances, with inflows into the nation expected to continue increasing this year.
India seizes $725m from China's Xiaomi over 'illegal' remittances
30-04-2022 23:06
India seized $725 million from the local bank accounts of Xiaomi after a probe found the Chinese smartphone giant unlawfully sent money abroad in the guise of royalty payments, authorities said Saturday.
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