Remittances won't be reduced: experts Business

Remittances won't be reduced: experts

The central bank's recent dollar deposit reduction would not have a negative effect on Vietnamese remittances from overseas because an insignificant amount of the remittances went into savings.
World

Philippine economy predicted to grow by 8 percent

The Philippine economy is predicted to grow 7.5-8 percent this year, driven largely by the expected increase in the government’s infrastructure spending and continued robust consumption, according to the Metrobank-led First Metro Investment Corp (FMIC).
Remittances reach 11 billion USD in 2013 Business

Remittances reach 11 billion USD in 2013

Vietnam is one of the world’s top nine remittance-receiving countries, with remittances from overseas Vietnamese (OVs) in 2013 hitting 11 billion USD, a year-on-year rise of 4.7 percent.
Business

Vietnamese remittances to reach 10.6 bln USD this year

Vietnam remains one of the world's top 10 remittance-receiving countries, with remittances from overseas Vietnamese this year estimated at 10.6 billion USD, up 6.5 percent compared with last year, according to the World Bank.
Business

Overseas remittances likely to hit 11 bln USD

Remittances from overseas Vietnamese (OVs) are likely to reach 10-11 billion USD this year, marking a rise of nearly 20 percent from 2011 and a significant jump from an annual growth of 10 -15 percent recorded in the recent years.