Remittances

Remittances to Ho Chi Minh City hit US$9.6 billion in 2024

Overseas remittances to Vietnam were estimated to hit roughly US$16 billion last year, with the amount to Ho Chi Minh City reaching about US$9.6 billion in 2024, up US$140 million compared to the previous year.

Society – Economy

HCMC remittances in 2024 estimated at $9.6 billion, 60 percent of national total
2024 is projected to be a record year for remittance inflows to Vietnam, estimated at approximately US$16 billion. Of the total, HCMC account for about 60 percent, estimated at around $9.6 billion.
Remittances to HCM City expected to increase by 10% in 2024
Remittances sent by overseas Vietnamese to Ho Chi Minh City are expected to surge about 10% in 2024 from a record high of US$9.46 billion in 2023, according to Nguyen Duc Lenh, Deputy Director of the State Bank of Vietnam (SBV)’s Ho Chi Minh City Branch.

Remittances to HCMC surge in first half
Remittances to Ho Chi Minh City in the first six months of 2024 reached US$5.178 billion, accounting for 54.7 percent of the total remittances for the entire year of 2023 and increasing by 19.5 percent compared to the same period last year.
Overseas remittances to Ho Chi Minh City continue to see upturn
Overseas remittances to Ho Chi Minh City during the first half of the year reached nearly US$5.2 billion, marking an increase of 19.5% on-year, Nguyen Duc Lenh, deputy director of the State Bank of Vietnam (SBV)'s Ho Chi Minh City branch, said on July 18.

Remittances

Remittances to Ho Chi Minh City hit US$9.6 billion in 2024

HCMC remittances in 2024 estimated at $9.6 billion, 60 percent of national total

Remittances to HCM City expected to increase by 10% in 2024

Remittances to HCMC surge in first half

Overseas remittances to Ho Chi Minh City continue to see upturn