VOV.VN - Despite the current growth rate of overseas remittances to Vietnam being lower than last year, the total amount of remittances to the country is projected to grow by 4.4% this year before increasing by between 3.6% and 4.5% in 2023, according to international organizations.
VOV.VN - The flow of overseas remittances to Ho Chi Minh City stood at an estimated US$4.78 billion during the opening nine months of the year, equal to 68% of the amount recorded in 2021, the State Bank of Vietnam’s branch in the southern city has reported.
VOV.VN - Despite the negative impact of the COVID-19 pandemic, the remittance flow to the country throughout 2021 reached more than US$12 billion, an increase of 10% compared to 2020, according to data published by the State Bank of Vietnam (SBV).
In the run-up to Tet (Lunar New Year), the biggest traditional festival of Vietnam, the inflow of remittances sent by overseas Vietnamese to the homeland has been on the rise, fueled further by local banks’ preferential programmes.
The flow of overseas remittances to Ho Chi Minh City reached US$5.1 billion in the first nine months of 2021, up 22% year on year, the State Bank of Vietnam’s Branch in the city has reported.
Oversea remittances to Ho Chi Minh City were worth US$3.2 billion in the first six months of this year, despite the COVID-19 pandemic roiling on many economies around the world.
VOV.VN - A British economist has expressed his optimism about Vietnam’s overall economic growth for the whole year despite the impact the latest COVID-19 wave will have on its next financial quarter.
Vietnamese abroad sent home US$17.2 billion worth of remittances in 2020, making the country the third-largest remittance recipient in the East Asia and Pacific region, said the Migration and Development Brief released by the WB and the Global Knowledge Partnership on Migration and Development.
Ho Chi Minh City received US$1.45 billion of overseas remittances in the first three months of this year, up 10% over the same period last year, reported the city Committee for Overseas Vietnamese Affairs.
VOV.VN - Overseas remittances to Vietnam are projected to fall slightly from US$17 billion last year to more than US$15.6 billion this year, reported the World Bank.