HCM City remittances increase

However, by the end of this July, the city had recorded a 5% increase in remittances compared to the same period last year. This offers positive signs for the city’s business community.

With the strong recovery of the local economy, representatives of State  Bank of Vietnam’s Ho Chi Minh City Branch, predicted that remittances flowing to the city for the remainder of the year will rise to around 5.7 billion US dollars.