Remittances to HCM City reach over 2.41 billion USD in first quarter

Remittances to HCM City reach over 2.41 billion USD in first quarter

Remittances to Ho Chi Minh City reached over 2.41 billion USD, accounted for 25.3% of the total for the entire year 2024 and marking an increase of 19.6% compared to the previous quarter.
Remittances surge as Tet approaches

Remittances surge as Tet approaches

The Tet (Lunar New Year) is the time when the amount of remittances transferred to Vietnam increases due to the demand of overseas Vietnamese and Vietnamese working abroad wanting to send money back home.
Remittances to HCM City surge ahead of Tet

Remittances to HCM City surge ahead of Tet

Ho Chi Minh City received nearly 493 million USD in remittances in the first 20 days of this year, according to Nguyen Duc Lenh, Deputy Director of the State Bank of Vietnam's HCM City branch.
Remittances to HCM City surpasses 9.5 billion USD in 2024

Remittances to HCM City surpasses 9.5 billion USD in 2024

Remittances to Ho Chi Minh City in 2024 reached over 9.5 billion USD, up 0.9% year-on-year, the State Bank of Vietnam (SBV)'s branch in the city announced on January 16.
Remittances reach about 16 billion USD in 2024

Remittances reach about 16 billion USD in 2024

Remittances to Vietnam in 2024 are estimated to reach about 16 billion USD, showing the confidence of overseas Vietnamese in the domestic situation.
Remittances to Ho Chi Minh City reaches US$9.6 bln in 2024

Remittances to Ho Chi Minh City reaches US$9.6 bln in 2024

Overseas remittances to Ho Chi Minh City hit US$9.6 billion in 2024, an increase of US$140 million compared to the previous year.

Remittances to Ho Chi Minh City near US$7.4 bln in 9 months

Remittances to Ho Chi Minh City reached US$7.392 billion in the first nine months of 2024, a year-on-year increase of 10.5 percent.

Strong development motivation from remittances

Despite facing difficulties due to the world economic recession and political instability in many regions, during the past years, overseas Vietnamese still tried to adapt to the situation, stabilise their lives and continue to contribute to the homeland.

Remittances – important resource for socio-economic development

The increasing inflow of remittances to Vietnam over the years has increased the foreign currency reserve while helping enterprises expand production and business, thus creating an impetus for socio-economic development, according to economists.

Remittances to HCM City up 37% in first haft of 2023

Remittances to Ho Chi Minh in the first half of 2023 topped 4.33 billion USD, an increase of 37% compared to the same period last year, the State Bank of Vietnam’s (SBV) HCM City branch reported.
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