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Remittances to HCM City total 3.45 billion USD in eight months

Remittances to HCM City total 3.45 billion USD in eight months

Ho Chi Minh City received about 3.45 billion USD in remittances sent back home by overseas Vietnamese in the first eight months of 2019, a year-on-year increase of 8 percent, according to the State Bank of Vietnam (SBV)’s HCM City Branch.

Remittances from US could fall this year

Remittances from US could fall this year

VOV.VN - Foreign remittances are estimated to amount to US$13.8 billion for 2017, the highest growth rate of the past five years and a year-on-year increase of 16%, according to the latest statistics provided by the World Bank.

Remittances to add impetus to property sector in 2018

Remittances to add impetus to property sector in 2018

Overseas remittances will continue adding a vital impetus to the economy, including the property sector in 2018, according to Le Hoang Chau, Chairman of the Ho Chi Minh City Real Estate Association.

Remittances to hit US$5.2 billion this year

Remittances to hit US$5.2 billion this year

Overseas remittances to Ho Chi Minh City is expected to total US$5.2 billion this year, up 4.5% year-on-year, said an official of the State Bank of Vietnam (SBV).

Remittances to HCM City hit US$3.3 billion

Remittances to HCM City hit US$3.3 billion

VOV.VN - Foreign remittances to Ho Chi Minh City reached US$3.375 billion in nine months up to October, up 12.5% against August and 6% over the same period last year, according to the State Bank of Vietnam’s HCM City branch.

New US immigration rules threaten Vietnam remittances

New US immigration rules threaten Vietnam remittances

VOV.VN - More restrictive border and immigration policies adopted by the US Trump administration could negatively impact remittance flows to Vietnam, according to investment banking giant Credit Suisse.

Vietnam’s development resources lay around the globe: PM says

Vietnam’s development resources lay around the globe: PM says

Vietnam’s development potential and resources lay not only in the S-shaped country but also in many other places around the globe, Prime Minister Nguyen Xuan Phuc has said, implying Vietnamese expatriates who attended a conference in Ho Chi Minh City on November 12.

Remittances to HCM City hit US$2 billion

Remittances to HCM City hit US$2 billion

VOV.VN - Foreign remittances to Ho Chi Minh City in the first half of this year are estimated at US$2.1 billion, up 3% against the corresponding period last year.

HCM City remittances remain robust in 2016

HCM City remittances remain robust in 2016

VOV.VN - The State Bank of Vietnam (SBV) reports remittances to Ho Chi Minh City are expected to remain robust this year and likely will outpace last year’s record high receipts of US$5.5 billion.

Tapping the potential of the OVs community

Tapping the potential of the OVs community

VOV.VN - Millions of Overseas Vietnamese (OVs) have made remarkable contributions to the homeland’s national development, says the National Committee for Overseas Vietnamese Affairs (COVA).