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.

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.

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.

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

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.

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).

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.

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.

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.

VOV.VN - Overseas remittances to Ho Chi Minh City, the country’s largest economic and financial hub, rose more than 35% in the first quarter of this year to nearly US$2.87 billion, according to the State Bank of Vietnam Ho Chi Minh City branch.