Remittances: Remittances to Vietnam in 2020 could drop 18.1% from 2018 on Covid-19

Remittances Tin tức

Remittances to Vietnam in 2020 could drop 18.1% from 2018 on Covid-19

When source economies have been devastated by the impacts of COVID-19 pandemic, global remittances in 2020 are expected to drop $108,6 billion while Vietnam’s remittance is projected to fall 18.1% against 2018.

Five-month remittances to Vietnam’s biggest city drops 2% to $2.3bln on pandemic

Remittances sent to Ho Chi Minh City reached $2.3 billion in the past five months, down 1.9% year-on-year, said the State Bank of Vietnam - Ho Chi Minh City Branch.

23/04/2020 - 13:35
Global remittances projected to fall 20% this year on coronavirus ...

Global remittances are expected to decline by about 20% in 2020, sharpest decline in history on economic crisis induced by the COVID-19 pandemic and shutdown, World Bank said in a report.

06/12/2019 - 13:10
Remittances to Ho Chi Minh City in 2019 seen at $5.3 billion

Vietnam’s biggest city is expected to receive $5.3 billion this year, an increase of 9% from a year earlier.