Remittance to HCM City hit nearly US$2.9 billion
VOV.VN - Foreign remittances to Ho Chi Minh City in the first 8 months of this year through official channels are estimated at US$2.85 billion, up nearly 6% against the same period last year.
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The amount of remittances depends on the macro economy of the host country, guest workers’ situation and remittance services. Remittances to HCM City grew 10-12% annually over the last five years.
Mr Minh forecast that in the current situation, remittances to the city may reach US$5.7-5.8 billion this year.
