Mr. Nguyen Duc Lenh, Deputy Director of the SBV-HCMC Branch, has announced that the inflow of remittances to HCMC continues to experience substantial growth. It is projected to reach $7 billion in 2023, reflecting an increase of approximately 6-7 percent compared to 2022.
Among these remittances, those originating from Asian countries constitute the largest share, accounting for over 40 percent. Conversely, remittances from other regions, such as the Americas, Africa, and the Pacific, have declined due to challenging economic conditions and rising inflation.
