Remittances to HCM City reached $2.41 bln in Q1
Of the figure, nearly $1.76 billion transfered through remittance companies.
Remittances to HCM City reach $5.2 bln in 1H
Capital flow from Asia accounting for the largest proportion.
Remittances hit $16bln in 2023
Vietnam remains among the world’s top 10 countries in receiving remittances.
Over $3bln in remittances coming from overseas workers a year
Vietnam currently has over 500 enterprises in the field of labor exports, which send more than 100,000 workers each year to 40 countries and territories, helping bring in remittances of more than $3 billion per year.
2021 remittances may hit $18bln
It is forecast that Vietnam will attract $18 billion in overseas remittances this year, ranking it eighth in the world and third in the Asia-Pacific region. Thanks to the large volume, supply and demand of foreign currencies will be relatively balanced in the year-end period and help the USD/VND exchange rate remain stable.