Mass mobilisation contributes to socio-economic development Society

Mass mobilisation contributes to socio-economic development

Prime Minister Nguyen Xuan Phuc has lauded achievement in the government mass mobilisation work in 2019, which has contributed to safeguarding legal rights and interests, building trust and high consensus among the public and spurring socio-economic development.
Remittances to Vietnam estimated at 16.7 billion USD Business

Remittances to Vietnam estimated at 16.7 billion USD

Remittance flows into Vietnam are expected to reach 16.7 billion USD in 2019, Vice Chairman of the State Committee for Overseas Vietnamese Affairs (SCOVA) Luong Thanh Nghi cited statistics of the World Bank at a meeting with the press in Hanoi on December 26.
Remittances to Vietnam to further rise in 2019 Business

Remittances to Vietnam to further rise in 2019

Remittances to Vietnam are likely to further increase in 2019 because overseas Vietnamese people believe in the stability of the economy and see better investment opportunities, economist Nguyen Tri Hieu said.
Remittances to HCM City expected to pick up 9 percent Business

Remittances to HCM City expected to pick up 9 percent

Remittances to Ho Chi Minh City are expected to reach some 5.3 billion USD in 2019, a year-on-year surge of 9 percent, despite unfavourable global financial and monetary market, according to Deputy Director of the State Bank of Vietnam’s Ho Chi Minh City branch Nguyen Hoang Minh.
Remittances to HCM City reach 1.2 billion in Q1 Business

Remittances to HCM City reach 1.2 billion in Q1

Remittances to Ho Chi Minh City were estimated to reach 1.2 billion USD in the first quarter of this year, said Nguyen Hoang Minh, Deputy Director of the State Bank of Vietnam’s branch in the southern largest economic hub.
How will USD exchange rate move in 2019? Business

How will USD exchange rate move in 2019?

Experts have predicted that the State Bank of Vietnam (SBV) will hike the VND/USD exchange rate by 1.5-2 percent in 2019 to stabilise the macro-economy and facilitate exports.
Top ten outstanding banking events of 2018 Business

Top ten outstanding banking events of 2018

In 2018, the banking sector witnessed many achievements such as increasing foreign exchange reserves, remittances, and profit, but also faced challenges in interest and foreign exchange rates.
Vietnam to be among top remittance receivers in 2018 Business

Vietnam to be among top remittance receivers in 2018

Vietnam is set to be one of the top remittance receivers in the world in 2018 with an estimated sum of 15.9 billion USD, deputy head of the State Committee for Overseas Vietnamese Affairs Luong Thanh Nghi said at a press conference in Hanoi on December 20.