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Tag
remittance
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Remittances to HCMC surge to new record
Foreign remittances to Ho Chi Minh City soared by 43% to a record US$9.46 billion last year.
Vietnam receives $190B in remittances over 30 years
Remittances to Vietnam totaled $190 billion from 1993 to 2022, nearly the same as disbursed foreign direct investment in the same period.
Remittances to HCMC up 37%
Remittances to Ho Chi Minh in the first half of 2023 topped $4.33 billion, an increase of 37% compared to the same period last year, the State Bank of Vietnam’s HCMC branch reported.
July 20, 2023 | 12:40 am PT
Remittances to HCMC likely to hit $7B in 2023
Remittances to Ho Chi Minh City are expected to reach $7 billion in 2023, an annual increase of about 6-7%.
May 22, 2023 | 08:27 pm PT
HCMC sees surge in remittances
Remittances to Ho Chi Minh City increased by 19% year-on-year in the first quarter to over US$2.1 billion, according to the State Bank of Vietnam.
April 23, 2023 | 07:46 pm PT
VCBR promotes remittance flow to Vietnam through digitization
VCBR promotes digitization and diversification of remittance payment services to create faster and more convenient venues for customers to send money to Vietnam.
December 25, 2022 | 08:00 pm PT
Vietnamese workers abroad send home $10 bln a year: report
Over one million Vietnamese have gone abroad to work since 2012, sending home around $10 billion each year, a government report has found.
August 25, 2022 | 12:53 am PT
Remittances to Vietnam in 2021
Millions of ethnic Vietnamese and nationals living abroad sent home over $18 billion worth of remittances last year, half of it from the U.S.
February 8, 2022 | 08:06 pm PT
90 percent of suspected money laundering in Vietnam done through banks
Banking, real estate and unofficial remittances are top channels for money laundering in Vietnam, a new report says.
May 20, 2019 | 09:50 pm PT
Vietnamese ‘underground’ banker arrested in Japan
A Vietnamese man is alleged to have charged hefty commissions for transferring money from Japan to Vietnam via his bank account.
January 14, 2019 | 04:26 am PT
Vietnam sends record 140,000 guest workers abroad in 2018
Vietnam’s labor exports increased by 7 percent this year, and for a fifth straight year the number of guest workers has exceeded 100,000.
December 25, 2018 | 10:18 pm PT
Shift seen in use of overseas remittances to Ho Chi Minh City
Central Bank official says most of the funds have been invested in manufacturing instead of traditional channels.
June 13, 2018 | 04:50 am PT
The changing role of overseas remittances in Vietnam's economy
Originally a main form of aid for family, these cash flows have increasingly found their way into businesses, reflecting economic shifts.
December 3, 2016 | 11:00 am PT
HCM City rakes in $2.9 bln in overseas remittances from Jan-Aug
That figure is expected to rise to $5.8 billion for the year.
August 31, 2016 | 02:11 am PT