January 02, 2026 | 14:10

Remittances to HCM City hit new record high in 2025

Van Nguyen

Remittance inflows into the southern city are expected to reach a record high of $10.5 billion in 2025.

Remittances to HCM City hit new record high in 2025

With remittance inflows estimated at $10.5 billion in 2025, Ho Chi Minh City continues to be the leading locality nationwide in attracting remittances, accounting for about 60 per cent of the country's total remittance inflows recorded in the year.

Data from the State Bank of Vietnam's Branch in Region 2 (including Ho Chi Minh City and the southern province of Dong Nai) showed that total remittances to the city reached $7.969 billion during the January-September period of 2025, a year-on-year increase of 7.8 per cent and equivalent to 83.4 per cent of the total remittances the city recorded in 2024.

The region-based structure of the remittance inflows remained unchanged, with the majority  coming from Asia and the Americas, accounting for over 80 per cent of the city's total inflows.

The promoted international partnerships of remittance companies and improved communications by commercial banks and remittance service providers have made transactions more convenient for overseas workers and Vietnamese communities abroad, further boosting inflows.

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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