HCM City seeks to draw remittances in infrastructure

Tuesday, Apr 23, 2024

Remittances to HCM City reached US$9.46 billion in 2023, nearly three times higher than foreign direct investment (FDI),

Overseas remittances to HCM City record highest increase in three years

Wednesday, Apr 17, 2024

Overseas remittances to Ho Chi Minh City exceeded $2.86 billion in the first quarter of 2024, an annual increase of 35.4% and the highest recorded in three consecutive years.

Asia - biggest source of overseas remittances to HCM City in 2023

Friday, Feb 16, 2024

Money sent from Asian countries made up 50.5 per cent of the total overseas remittances to HCM City last year, Việt Nam’s largest economic hub, a massive 143.8 per cent spike year-on-year, according to the State Bank of Vietnam (SBV)’s...

Vietnamese abroad send more than $17 billion home in remittances in 2020

Saturday, May 15, 2021

This represented a rise of nearly 3 per cent over 2019, a very positive result compared to the previous forecast in the context of the COVID-19 pandemic.

Overseas Vietnamese continue to find VN real estate market irresistible

Monday, Apr 12, 2021

In recent years remittances to the country had increased sharply, with a lot of the money going into the real estate market.

Remittances to HCM City hit all-time high in 2020: US$6.1 billion

Thursday, Feb 18, 2021

Remittances transferred to HCM Cịty last year reached a record US$6.1 billion, an increase of 12 per cent year on year.

Covid-19 hits remittances to Viet Nam

Monday, Aug 24, 2020

Overseas remittances are expected to fall short of the target this year due to the economic crisis caused by the Covid-19 pandemic and shutdowns around the world.

Pandemic causes remittances to HCM City to fall by 2%

Thursday, May 07, 2020

Overseas remittances to HCM City in the first four months of the year are estimated to be US$1.8 billion, a year-on-year decrease of 2 per cent, according to the State Bank of Vietnam.

Remittances to Viet Nam to further rise in 2019

Monday, Dec 16, 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.

Remittances to HCM City set to top $5 billion

Monday, Dec 09, 2019

Remittances to HCM City from overseas in the first 11 months of 2019 exceed US$4 billion, and are expected to top $5 billion for the year, according to the State Bank of Viet Nam.

Remittances to Viet Nam could fall due to US policies

Monday, Oct 08, 2018

Overseas remittances to Viet Nam are expected to decline mainly due to global factors.

HCM City remittances top $3.9 billion

Wednesday, Nov 29, 2017

Overseas remittances coming into HCM City in the first 10 months of this year were worth US$3.9 billion, the State Bank of Viet Nam has said.

HCM City receives $3 billion in remittance

Thursday, Sep 07, 2017

Overseas remittances flowing into HCM City touched US$3 billion in the first eight months of 2017, a 5 per cent increase compared to the same period last year.

Overseas remittances boost VN’s development

Friday, Jan 13, 2017

The increasing amount of remittances sent by Vietnamese citizens working abroad has helped the country offset its trade deficit, reduce poverty, and improved the living standards of those receiving it.  

Remittances to HCM City fall by 10 per cent

Tuesday, Dec 13, 2016

Overseas remittances to HCM City this year are expected to reach US$5 billion instead of the expected $5.5 billion.