HCM City attracts US$1.2 bln in overseas remittances

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Báo điện tử CP English 5 day(s) ago 1 related news

HCM City attracts US$1.2 bln in overseas remittances

VGP – The overseas remittances to Ho Chi Minh City in the first quarter of 2015 reached US$1.2 billion, US$200 million higher than the same period last year.

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BUSINESS IN BRIEF 21/4

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VietnamNet English 6 day(s) ago 1 related news

MPC mulls issuing non-convertible bonds to raise more working capital

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S.Korea opens door again for Vietnamese workers after drop in illegal stays

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Báo Thanh Niên English 1 week(s) ago 1 related news

S.Korea opens door again for Vietnamese workers after drop in illegal stays

South Korea has agreed to receive another 2,900 workers from Vietnam for jobs in manufacturing, construction and agriculture sectors after the latter made efforts to stop its laborers from overstaying illegally.

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World Bank raises Vietnam’s GDP growth to 6% in 2015

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Báo Dân Trí English 1 week(s) ago

World Bank raises Vietnam’s GDP growth to 6% in 2015

Vietnam is expected to record GDP growth of six percent in 2015, slightly weaker than the 6.2 percent forecast by the government, the World Bank has said.

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Qatar bank opens representative office in HCM City

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Báo Đầu Tư English 3 week(s) ago

Qatar bank opens representative office in HCM City

The Qatar National Bank opened a representative office in Ho Chi Minh City on Monday (March 30) with the stated objective of promoting trade between the two countries.

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Vietnam urged to improve policy to attract more overseas resources

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Báo Thanh Niên English 2 month(s) ago

Vietnam urged to improve policy to attract more overseas resources

Remittances from overseas Vietnamese, often known as Viet kieu, have been a staple of the local economy over the past few decades.

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More remittances to fund property purchases

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Báo Đầu Tư English 2 month(s) ago

More remittances to fund property purchases

Viet Nam is expected to see rising remittances enter the property market, following the amended housing law that allows Viet Kieu (overseas Vietnamese) to own a house in the country.

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Remittance inflows into Vietnam to increase: experts

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VietnamNet English 2 month(s) ago 2 related news

Remittance inflows into Vietnam to increase: experts

VietNamNet Bridge – Overseas remittances to Vietnam have remained the yearly increase level of US$1 billion since 2011 and hit US$12 billion last year. Experts forecast remittance volume would continue the momentum to hike beyond US$11 billion in the 2015 - 2016 period because overseas Vietnamese have tended to invest in their homeland and labor exports have more and more risen.

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Viet Nam ranked No. 10 for remittances

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VietNam News English 2 month(s) ago 2 related news

Viet Nam was among the top 10 countries in the world with the largest amount of remittances from abroad last year, with around US$12 billion, according to the Western Union company, which handles money transfers worldwide.

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Vietnam ranks 10th worldwide in remittances

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VietnamNet English 2 month(s) ago 2 related news

Vietnam ranks 10th worldwide in remittances

Viet Nam was among the top 10 countries in the world with the largest amount of remittances from abroad last year, with around US$12 billion, according to the Western Union company, which handles money transfers worldwide.

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More remittances to fund property purchases

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VietnamNet English 2 month(s) ago

More remittances to fund property purchases

VietNamNet Bridge – Viet Nam is expected to see rising remittances enter the property market, following the amended housing law that allows Viet Kieu (overseas Vietnamese) to own a house in the country.

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Dollar drain threatens Vietnam’s monetary security

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VietnamNet English 2 month(s) ago

Dollar drain threatens Vietnam’s monetary security

VietNamNet Bridge – The movement of a large amount of money offshore Vietnam over a short time could threaten the country’s monetary security, an expert has said.

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Viet Nam ranks 10th worldwide in remittances

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VietNam News English 2 month(s) ago

Viet Nam ranks 10th worldwide in remittances

Viet Nam was among the top 10 countries in the world with the largest amount of remittances from abroad last year, with around US$12 billion, according to the Western Union company, which handles money transfers worldwide.

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More remittances to fund property purchases

0 vote(s)Comment

VietNam News English 2 month(s) ago

More remittances to fund property purchases

Viet Nam is expected to see rising remittances enter the property market, following the amended housing law that allows Viet Kieu (overseas Vietnamese) to own a house in the country.

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Vietnam loses $33 billion in illegal foreign-currency outflows: expert

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VietnamNet English 2 month(s) ago

Vietnam loses $33 billion in illegal foreign-currency outflows: expert

VietNamNet Bridge – Vietnam has witnessed a drain in foreign currencies over the years, with one expert saying that $33 billion flowed out of the country between 2008 and 2013 because of illegal transfer of funds and embezzlement.

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