HCM City, April 18 -- Remittances to Ho Chi Minh City maintained a positive growth rate in the first three months of 2025, reaching over 2.41 billion USD, accounted for 25.3% of the total for the entire year 2024 and marking an increase of 19.6% compared to the previous quarter.
Of the figure, remittances through remittance companies amounted to nearly 1.76 billion USD, while commercial banks received 655 million USD, according to Deputy Director of the State Bank of Vietnam's Region 2 Branch Nguyen Duc Lenh.
Remittances to the city from Asia continued to make up the largest share, 48.7%, up 46.1% from the previous quarter.
Analysing the remittance situation in Ho Chi Minh City, Lenh stated that there were positive factors for increasi...
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