Vietnam’s remittances to reach over 18 billion USD

Friday, 03/12/2021 16:27
The World Bank (WB) and the Global Knowledge Partnership on Migration and Development (KNOMAD) forecast that the amount of remittances to Vietnam in 2021 could reach 18.1 billion USD, continuing to increase compared to 2020.

Remittance to Ho Chi Minh City rise despite COVID-19 pandemic

Photo for illustration (Source: vietnambiz.vn)

With this number, Vietnam will rank 8th in the world and 3rd in the Asia-Pacific region in the amount of remittances this year.

In 2020, the amount of remittances to Vietnam was 17.2 billion USD, ranking 11th in the world./.

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