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Overseas remittance

Remittance to HCMC reaches 3.38b in 9 months

Remittance to HCMC reaches $3.38b in 9 months

Overseas remittance flowing into HCM City until the end of September rose 12.5 per cent month-on-month to nearly US$3.38 billion.
HCM City sees high investment from overseas Vietnamese

HCM City sees high investment from overseas Vietnamese

Vietnamese citizens living abroad have invested in more than 900 businesses in HCM City with a registered capital of VND40 trillion (US$1.8 billion), according to HCM City’s Department of Planning and Investment.  
OCB and Bac A Bank set up remittance companies

OCB and Bac A Bank set up remittance companies

The State Bank of Viet Nam has approved plans by two additional commercial banks, OCB and Bac A Bank, to set up subsidiaries specialising in providing overseas remittance services.  
City to receive more overseas remittances

City to receive more overseas remittances

Vietnamese expatriates living abroad will remit roughly US$2.5 billion to HCM City in 2016''s final quarter, deputy director of the State Bank of Viet Nam''s HCM City branch Nguyen Hoang Minh estimates.