Overseas remittances forecast to rise 4.4% this year

Overseas remittances forecast to rise 4.4% this year

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 rise by 4.4% this year before increasing by between 3.6% and 4.5% in 2023, according to international organisations.
Overseas remittances to Vietnam increase as Tet approaches

Overseas remittances to Vietnam increase as Tet approaches

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.
Overseas remittances to HCM City remain stable despite COVID-19

Overseas remittances to HCM City remain stable despite COVID-19

Overseas remittances to Ho Chi Minh City remain stable despite the COVID-19 epidemic, with the overall amount anticipated to reach approximately US$5.5 billion this year.
Overseas remittances estimated at US$15.6 billion in 2020

Overseas remittances estimated at US$15.6 billion in 2020

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.
Overseas remittances to HCM City reach US$3 billion

Overseas remittances to HCM City reach US$3 billion

Overseas remittances to Ho Chi Minh City through official channels in the first eight months of 2017 were estimated at 3 billion USD a year on year increase of 5 percent sourced mostly from the US and Europe
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