Remittances soar for Lunar New Year 2024

Remittances soar for Lunar New Year 2024

The period leading up to the Lunar New Year is the busiest time for remittances transactions, as overseas Vietnamese send money to their families.
Remittances play key developmental role

Remittances play key developmental role

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.
Ho Chi Minh City records a 37 per cent increase in remittances

Ho Chi Minh City records a 37 per cent increase in remittances

Remittances to Ho Chi Minh City climbed 37 per cent in the first half of 2023, indicating a positive trend amidst the market slowdown.
Remittances to HCM City likely to hits 7 billion USD in 2023

Remittances to HCM City likely to hits 7 billion USD in 2023

Remittances to Ho Chi Minh City are expected to reach 7 billion USD in 2023, an annual increase of about 6-7 per cent.
MB promotes investment assistance for Vietnamese expatriates

MB promotes investment assistance for Vietnamese expatriates

Military Commercial Joint Stock Bank (MB) serves as a critical credit institution, offering comprehensive financial and investment guidance to Vietnamese expatriates living and working abroad.
Remittances to Vietnam roughly reached $12.6 billion in 2021

Remittances to Vietnam roughly reached $12.6 billion in 2021

The State Bank of Vietnam (SBV) roughly estimated that remittances inflow to Vietnam reached $12.5 billion in 2021.
Banks enable smooth remittances

Banks enable smooth remittances

Local banks are tapping into significant huge overseas cash as Vietnam continues to maintain its growth momentum among the world’s largest remittance beneficiaries.
Remittances to Ho Chi Minh City rise to $3.7 billion in first seven months

Remittances to Ho Chi Minh City rise to $3.7 billion in first seven months

Despite the impact of the COVID-19 outbreak, remittances flowing into Ho Chi Minh City increased sharply in the first seven months of 2021.
Remittances to Ho Chi Minh City reach $3.2 billion in first half of 2021

Remittances to Ho Chi Minh City reach $3.2 billion in first half of 2021

Remittances to Ho Chi Minh City reached $3.2 billion in the first six months of this year, up 22.34 per cent compared to 2020.
Overseas remittances to Vietnam to fall at least 10-15 per cent due to COVID-19

Overseas remittances to Vietnam to fall at least 10-15 per cent due to COVID-19

The ongoing COVID-19 outbreak has taken a toll on overseas remittances to Vietnam this year.
Remittances to experience sharpest decline in history due to COVID-19

Remittances to experience sharpest decline in history due to COVID-19

Global remittances are projected to drop by 20 per cent in 2020 – the sharpest decline in history because of the economic fallout stemming from COVID-19.
Remittances to Viet Nam to further rise in 2019

Remittances to Viet Nam to further rise in 2019

Remittances to Viet Nam are likely to increase in 2019 because overseas Vietnamese people believe in the stability of the economy and see better investment opportunities, economist Nguyen Tri Hieu said.
Remittances to HCM City reach $1.2 billion in Q1

Remittances to HCM City reach $1.2 billion in Q1

Remittances to HCM City were estimated to reach US$1.2 billion in the first quarter of this year, according to Nguyen Hoang Minh, Deputy Director of the State Bank of Vietnam’s branch in the southern city.
Remittances flowing  into nation at a fast pace

Remittances flowing into nation at a fast pace

Remittances into Vietnam this year are flowing strongly with the Tet lunar new year holiday approaching, despite the gloomy global and domestic economy.
A warm homecoming for Viet Kieu

A warm homecoming for Viet Kieu

However, there is also another important resource from Viet Kieu, namely their intelligence. Overseas Vietnamese people are working in the US’ NASA, Boeing and big hospitals in France, Canada, Japan and Australia.
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