Investing Tools
Company A-Z
Company Search
Stock Screener
Portfolios
Technical Analysis
Live Terminal
Mobile Tools

Useful Links
My Profile
My Favorites
Friday, April 26, 2024 11:47:54 PM - Markets open
VN-INDEX 1,209.52 +4.55/+0.38%
HNX-INDEX 226.82 -0.75/-0.33%
UPCOM-INDEX 88.76 +0.43/+0.49%
Remittances to Ho Chi Minh City hit $2.42 bil in Jan-July
Báo Thanh niên - 8/19/2015 4:44:20 PM
 (0 ratings. You must sign in to rate.)
Overseas remittances to Ho Chi Minh City rose 12 percent year-on-year in the first seven months thanks partly to an increased interest in the property market from overseas Vietnamese, local media reported.

A source from the central bank's branch in the city said remittances to the city climbed to US$2.42 billion in the period.

Nguyen Hoang Minh, deputy director of the branch, said it expects $5.3-5.5 billion of remittances to the city this year.

The amended Housing Law, which takes effect July 1, allows overseas Vietnamese, or Viet kieu, to buy houses in the country without any restriction.

Even before the introduction of the policy, a large amount of the remittances, around 21.8 percent, went into real estate projects in the first six months.
Newer News
24/04 Two bidders win the first gold auction this year
24/04 HCM City seeks to draw remittances in infrastructure
24/04 HCM City could issue bonds for overseas Vietnamese to fund infrastructure: conference
19/04 Overseas remittances to HCM City record highest increase in three years
19/04 Old loans must endure higher interest rates temporarily: SBV
19/04 Commercial banks raise deposit rates
16/04 Gold bar auction to be resumed after 11 years of suspension
16/04 Banks record positive business indicators in Q1 2024
12/04 Military Insurance targets top four spot in non-life insurance market for 2024
12/04 PM Chính requires strengthened gold market management
Older News
19/08 MB to meet bad debt requirements
18/08 Vietnam’s public debts not too high, but still risky: economist
18/08 Vietnam's gold consumption falls slightly, interest in jewelry grows: report
18/08 Better business enables banks to hire another 2,000 workers
17/08 Policies could help SMEs borrow
17/08 Forex rates to remain under pressure
17/08 DongA Bank put under special supervision
14/08 Vietnam approves Sacombank, Southernbank merger
14/08 Vietnam seen devaluing further after busting limit of 2 pct decline
14/08 DongA Bank seeks permission to sell 49 percent stake to foreign funds
 
Newsletter Signup
Top Stories
Businesses concerned about rising exchange rate pressure
Gold bar auction to be resumed after 11 years of suspension
PM Chính requires strengthened gold market management
Bank shareholders to receive high dividends, stock bonuses
Shares sustain gains on strong investor confidence
Market Update
Last updated at 3:05:00 PM
VN-INDEX 1,209.52 +4.55/+0.38%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.