HCM City to effectively utilise remittance for development

Friday, Oct 11, 2024

HCM City is focusing more on attracting remittance from overseas Vietnamese into the city’s socio-economic development through many policies, including issuing bonds for infrastructure projects.

Viet Nam among world’s 10 biggest recipients of remittances

Sunday, Jan 29, 2023

Despite the COVID-19 pandemic’s major impacts on the global economy over the last two years and growing inflation in many countries, remittance flows into Viet Nam remained relatively stable compared to previous years, the report noted.

HCM City foreign remittances rise by 13%

Monday, Jun 07, 2021

Despite the Covid-19 outbreak roiling the global economy, overseas remittances to HCM City were worth US$2.6 billion in the first five month of this year.

VN ranks second in cryptocurrency use, driven by remittance payments: Statista

Thursday, Feb 18, 2021

Viet Nam ranked second in term of cryptocurrrency use, driven by remittance payments, according to a recent survey by a global provider of market and consumer data Statista.

SmartNet, Lien Viet Post Bank tie up for remittance other services

Wednesday, Sep 16, 2020

SmartNet, which owns the SmartPay e-wallet, has signed an MOU with Lien Viet Post Bank for providing e-wallet, remittance and other services.

Remittances to Viet Nam through banks grow by 12 per cent in 2019

Wednesday, Jan 22, 2020

Remittances into Viet Nam in 2019 exceed US$2.5 billion, up by 12 per cent compared with the previous year.

Viet Nam set to be among top ten remittance receivers in 2019

Wednesday, Oct 23, 2019

Viet Nam was expected to remain one of the top ten remittance receivers in 2019, according to the latest edition of the World Bank’s Migration and Development Brief released recently.

HDBank, MoneyGram sign deal for home remittance service

Thursday, Aug 29, 2019

MoneyGram, a global provider money transfer and payment services, and HDBank on August 28 signed an agreement to provide home remittance delivery services in Viet Nam.

VN set to be among top ten remittance receivers

Tuesday, Dec 11, 2018

Viet Nam was expected to remain one of the top ten remittance receivers in 2018, according to the latest edition of the World Bank’s Migration and Development Brief released last weekend.

HCM City earns US$2bn in remittance

Wednesday, Jun 13, 2018

Remittance inflows to HCM City in the first five months of this year reached US$2 billion, almost double compared to the first quarter of 2018.

Sacombank ATMs offer free overseas remittance to customers

Tuesday, Apr 17, 2018

For the first time, Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank) is offering customers free remittance receipt services at its ATMs.

Remittance to HCM City increases to over $1.1bn

Friday, Apr 06, 2018

Remittance to HCM City in the first quarter of 2018 increased by 4.5 per cent against the same period last year to reach US$1.12 billion, a Central bank official said.

VN’s forex reserves soar to record-setting $48b

Saturday, Dec 23, 2017

Viet Nam’s foreign currency reserves are expected to reach US$47.5-48 billion by the end of this year thanks to the country’s stable macroeconomic conditions and strong influx.

Remittances to HCM City reach $4.55 billion

Monday, Dec 18, 2017

Remittance inflows to HCM City in the 11 months of this year reached US$4.55 billion, Nguyen Hoang Minh, deputy director of the State Bank of Viet Nam’s HCM City branch, said.

Remittance to HCMC reaches $3.38b in 9 months

Wednesday, Oct 04, 2017

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.