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

Useful Links
My Profile
My Favorites
Thursday, November 28, 2024 3:16:22 PM - Markets closed
VN-INDEX 1,242.11 +0.14/+0.01%
HNX-INDEX 223.57 +0.48/+0.21%
UPCOM-INDEX 92.35 +0.39/+0.42%
Remittance to Vietnam forecast to continue growing despite pandemic
Vietnam News - 11/26/2021 2:03:46 PM
 (0 ratings. You must sign in to rate.)
The World Bank and the Global Knowledge Partnership on Migration and Development (KNOMAD) forecast that remittance to Vietnam is estimated at 18.1 billion USD in 2021.
 
As such, the country will be the eighth largest remittance recipient in the world and the third largest in the Asia-Pacific region this year.
 
In 2020, Vietnamese abroad sent 17.2 billion USD back home.
 
According to estimates from the World Bank’s Migration and Development Brief released recently, remittances to low- and middle-income countries are projected to have grown a strong 7.3 percent to reach 589 billion USD in 2021. This return to growth is more robust than earlier estimates and follows the resilience of flows in 2020 when remittances declined by only 1.7 percent despite a severe global recession due to COVID-19./.
VNA
 
Read original article here
 
Newer News
09:16 Finance ministry proposes changes in new personal income tax law
27/11 Bank savings among most attractive investment channels
26/11 Banks struggle to reach online lending target
26/11 Tax sector forms task force to support e-commerce platforms
25/11 Signs of renewal amid diverse issuances in green bond market
22/11 Monetary policy forecast unlikely to loosen further
21/11 VAT tax reduction should continue until mid-2025: MoF
20/11 Tax shift: e-commerce platforms could shoulder seller tax responsibilities
19/11 US affirms Vietnam not manipulating currency
18/11 Exchange rate fluctuations bring huge profits to many banks
Older News
25/11 Reference exchange rate up 6 VND
18/11 VN to strengthen financial foundation in the next ten years
18/11 Gold sets record high at $2,746 per tael
12/11 Banks in race for charter capital increase
03/11 Ten-month state budget collection meets over 90 percent of estimate
27/10 New financial support package to create new momentum for business recovery
21/10 Overseas remittances to HCM City up 22 percent despite COVID-19
19/10 Draft circular to prevent banks from hiding bad debts
13/10 Reference exchange rate continues upward trend
11/10 Vietnamese currency forecast to strengthen against US dollar in 2021
 
Newsletter Signup
Top Stories
VCCI recommends mineral mining rights be granted through auction and bidding
Central bank works to raise interbank rates and ease forex market
Inflation a concern following salary increases
National Council for Sustainable Development established
Việt Nam, Cambodia look forward to $20 billion trade
Market Update
Last updated at 3:05:00 PM
VN-INDEX 1,242.11 +0.14/+0.01%
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.