Remittances to HCM City total 6.6 billion USD in 2021
Sunday, 30/01/2022 10:45 (GMT+7)
Remittances to Ho Chi Minh City reached around 6.6 billion USD in 2021, up 9% from the previous year, according to Nguyen Hoang Minh, head of the Vietnam Banks Association’s Office in HCM City.
Photo for illustration. (Source: VOV)
The money flow has not only supported the city’s economic development but also contributed to stabilising the supply of foreign currency in the city and Vietnam in general.
Data from the State Bank of Vietnam shows that remittances to Vietnam surged about 10% last year to total 12.5 billion USD, 70% of which was sent via credit institutions, 28% through remittance services providers and 2% through postal services./.
CPV (Source: VNA)
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