Remittances sent to Ho Chi Minh City through credit institutions and economic organizations reached $2.032 billion in the second quarter of 2026, up 1.4% from the previous quarter but down 27.9% year-on-year, according to the State Bank of Vietnam's Regional Branch No.2.
This was the first quarter of the year to record quarter-on-quarter growth, indicating a modest recovery in remittance inflows.
In the first half of 2026, overseas remittances to the city reached more than $4 billion, down 22.8% year-on-year and 21% compared with the second half of 2025.
Asia and the Americas remained the city's two largest sources, together accounting for more than 81% of total remittances. Asia led with $1.916 billion, or 47.5%, followed by the Americas with $1.375 billion, or 34.1%. Oceania contributed $418.3 million, accounting for 10.4%, and remained the most stable source during the first half of the year.
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