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Tag: remittances

Remittances to Ho Chi Minh City exceed US$5.2 billion in first half
Remittances to Ho Chi Minh City exceed US$5.2 billion in first half

VOV.VN - Overseas remittances to Ho Chi Minh City reached an estimated US$5.23 billion in the first six months of 2025, up 22% year-on-year, according to statistics from the State Bank of Vietnam (SBV).

Remittances to Ho Chi Minh City exceed US$5.2 billion in first half

Remittances to Ho Chi Minh City exceed US$5.2 billion in first half

Remittances to HCM City reach over US$2.41 billion in first quarter
Remittances to HCM City reach over US$2.41 billion in first quarter

Remittances to Ho Chi Minh City maintained a positive growth rate in the first three months of 2025, reaching over US$2.41 billion, accounted for 25.3% of the total for the entire year 2024 and marking an increase of 19.6% compared to the previous quarter.

Remittances to HCM City reach over US$2.41 billion in first quarter

Remittances to HCM City reach over US$2.41 billion in first quarter

Remittances surge as Tet approaches
Remittances surge as Tet approaches

The Tet (Lunar New Year) is the time when the amount of remittances transferred to Vietnam increases due to the demand of overseas Vietnamese and Vietnamese working abroad wanting to send money back home.

Remittances surge as Tet approaches

Remittances surge as Tet approaches

Remittances to HCM City surge ahead of Tet
Remittances to HCM City surge ahead of Tet

Ho Chi Minh City received nearly US$493 million in remittances in the first 20 days of this year, according to Nguyen Duc Lenh, Deputy Director of the State Bank of Vietnam's HCM City branch.

Remittances to HCM City surge ahead of Tet

Remittances to HCM City surge ahead of Tet

Overseas remittances to Vietnam hit US$16 billion in 2024
Overseas remittances to Vietnam hit US$16 billion in 2024

VOV.VN - Overseas remittances to Vietnam hit about US$16 billion last year, reflecting Vietnamese expatriates’ trust in the country’s situation.

Overseas remittances to Vietnam hit US$16 billion in 2024

Overseas remittances to Vietnam hit US$16 billion in 2024

Remittances to Ho Chi Minh City hit US$9.6 billion in 2024
Remittances to Ho Chi Minh City hit US$9.6 billion in 2024

VOV.VN - Overseas remittances to Vietnam were estimated to hit roughly US$16 billion last year, with the amount to Ho Chi Minh City reaching about US$9.6 billion in 2024, up US$140 million compared to the previous year.

Remittances to Ho Chi Minh City hit US$9.6 billion in 2024

Remittances to Ho Chi Minh City hit US$9.6 billion in 2024

Vietnamese workers abroad remit home US$4 billion annually
Vietnamese workers abroad remit home US$4 billion annually

VOV.VN - More than 700,000 Vietnamese workers are currently employed abroad under contract, earning stable incomes and sending significant remittances worth approximately US$3.5–4 billion per year to the homeland, said the Ministry of Labour, Invalids, and Social Affairs (MOLISA).

Vietnamese workers abroad remit home US$4 billion annually

Vietnamese workers abroad remit home US$4 billion annually

Remittances to HCM City expected to increase by 10% in 2024
Remittances to HCM City expected to increase by 10% in 2024

Remittances sent by overseas Vietnamese to Ho Chi Minh City are expected to surge about 10% in 2024 from a record high of US$9.46 billion in 2023, according to Nguyen Duc Lenh, Deputy Director of the State Bank of Vietnam (SBV)’s Ho Chi Minh City Branch.

Remittances to HCM City expected to increase by 10% in 2024

Remittances to HCM City expected to increase by 10% in 2024

Overseas remittances to Ho Chi Minh City continue to see upturn
Overseas remittances to Ho Chi Minh City continue to see upturn

VOV.VN - Overseas remittances to Ho Chi Minh City during the first half of the year reached nearly US$5.2 billion, marking an increase of 19.5% on-year, Nguyen Duc Lenh, deputy director of the State Bank of Vietnam (SBV)'s Ho Chi Minh City branch, said on July 18.

Overseas remittances to Ho Chi Minh City continue to see upturn

Overseas remittances to Ho Chi Minh City continue to see upturn

HCM City seeks to draw remittances in infrastructure
HCM City seeks to draw remittances in infrastructure

A seminar aimed at channeling overseas remittances into infrastructure took place in Ho Chi Minh City on April 23, given that remittances to the city reached US$9.46 billion in 2023, nearly three times higher than foreign direct investment (FDI), according to official statistics.

HCM City seeks to draw remittances in infrastructure

HCM City seeks to draw remittances in infrastructure

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