Monday, October 22, 2018 - 14:26:34

remittance services

Overseas remittances continue to increase

Business

Overseas remittances continue to increase

Overseas Vietnamese have remitted nearly 2.8 billion USD through Ho Chi Minh City-based banks in the first eight months of this year, 6.2 percent higher than in the same period last year, according to the deputy head of the State Bank of Vietnam's city branch.

USA Today: More Vietnamese abroad send money home

Society

USA Today: More Vietnamese abroad send money home

The billions of dollars sent to Vietnam from overseas each year fund new homes, expand businesses and support extended families and these funds - called remittances - are a vital link between those who have left Vietnam and those left behind and they're becoming an increasingly popular way for Viet Kieu, or overseas Vietnamese, to invest in their homeland.

Vietinbank bests 2009 profit target

Business

Vietinbank bests 2009 profit target

Vietinbank posted a profit of over 3 trillion VND (163 million USD) in 2009, 16 percent higher than initially targeted for the bank’s first year after equitisation, the bank announced on Jan. 10.