Tag: remittances
Plan to maximise OV resources for national development
The Prime Minister recently approved a plan on bringing into play resources of overseas Vietnamese (OVs) to serve national development in the new context.
Remittance flows forecast to increase in year-end months: experts
Remittances to Vietnam has been on the rise since the outset of 2023, and will continue to increase in the remaining months of the year, especially ahead of the traditional Lunar New Year (Tet holidays), according to experts.
Nine-month overseas remittances to HCM City up 40% on-year
VOV.VN - Ho Chi Minh City made US$6.687 billion in overseas remittances during the first nine months of the year, an annual rise of 40% and 1.3% more than all of 2022, according to the local branch of the State Bank of Vietnam (SBV).
Overseas remittances to Ho Chi Minh City hit US$4.4 billion in first half
VOV.VN - Overseas remittances to Ho Chi Minh City during the first half of the year stood at an estimated US$4.4 billion, equivalent to 66% compared to 2022’s figure, according to the latest report released by the Ho Chi Minh City People's Committee.
HCM City seeks ways to attract more remittances
The southern largest economic hub of Ho Chi Minh City is striving to achieve an annual growth rate of at least 10% in the inflow of remittances during the 2023-2025 period and maintains this rate in 2025-2030.
Remittances to HCM City likely to hit US$7 billion in 2023
Remittances to Ho Chi Minh City are expected to reach US$7 billion in 2023, an annual increase of about 6-7%.
Overseas remittances to HCM City rise sharply
VOV.VN - Vietnamese overseas remittances to Ho Chi Minh City reached more than US$2.1 billion in the first quarter this year, up 19.41% year on year, amid economic difficulty, Tuoi Tre (Youth) newspaper reported.
Vietnam among world’s 10 biggest recipients of remittances
Vietnam remains one of the 10 countries receiving the most remittances in the world, according to the recent Migration and Development Brief by the World Bank and the Global Knowledge Partnership on Migration and Development (KNOMAD).
Overseas remittances forecast to rise 4.4% this year
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.
HCM City receives US$6.8 billion of remittances so far
The amount of remittances flowing to Ho Chi Minh City has continued to increase despite complicated geopolitical changes in the world, reaching about US$6.8 billion so far, according to Nguyen Duc Lenh, Vice Director of the Ho Chi Minh branch of the State Bank of Vietnam (SBV).
