Vietnam remains one of the 10 countries receiving the most remittances in the world, according to the recent Migration and Development Brief by the World Bank and the Global Knowledge Partnership on Migration and Development (KNOMAD).
HCM City receives 6.8 billion USD of remittances so far
Overseas remittances to HCM City reach US$4.78 billion in nine months
Remittances to Vietnam roughly reached $12.6 billion in 2021
The State Bank of Vietnam (SBV) roughly estimated that remittances inflow to Vietnam reached $12.5 billion in 2021.
Remittances to Vietnam up 10% this year to US$12.5 billion
Vietnamese nationals abroad have sent home some US$12.5 billion this year, a year-on-year increase of 10%, according to the State Bank of Vietnam (SBV).
Remittances to HCM City hit all-time high in 2020: US$6.1 billion
Remittances transferred to HCM Cịty last year reached a record US$6.1 billion, an increase of 12 per cent year on year.
Vietnam’s $15.7 billion remittances 9th highest globally
Inward remittances to Vietnam topped US$15.7 billion last year, the ninth highest in the world.
COVID-19 hits remittances to Vietnam
Overseas remittances are expected to fall short of the target this year due to the economic crisis caused by the COVID-19 pandemic and shutdowns around the world.
Overseas remittances to Vietnam forecasted to drop by 17% this year
Overseas remittances to Vietnam this year have been forecasted to fall by 17% this year due to the Covid-19 pandemic, according to a local economist.
Overseas remittances to HCM City on the rise
Overseas remittances to HCM City were estimated to reach $3.45 billion in the first eight months of this year, according to the State Bank of Vietnam’s HCM City branch.