TIMES24H – International Breaking NewsTIMES24H – International Breaking News
    Facebook Twitter Instagram
    TIMES24H – International Breaking News TIMES24H – International Breaking News
    • Breaking News
      • COVID-19
      • Vietnam
      • Asia
      • World
      • Video
    • Business
    • Life
      • Lifestyle
      • Recipes
      • Fashion
    • Opinion
    • Sport
    • Tech
      • Gadgets
    • Podcast
    Facebook Twitter Instagram
    TIMES24H – International Breaking NewsTIMES24H – International Breaking News
    Home»Asia»Việt Nam’s $15.7 billion remittances 9th highest globally – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports
    Asia

    Việt Nam’s $15.7 billion remittances 9th highest globally – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    Kevin LeKevin LeJanuary 25, 2021No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email
    0
    (0)


     


    Việt Nam had the ninth highest remittances in the world last year of US$15.7 billion.  — Photo tapchitaichinh.vn


    HCM CITY — Inward remittances to Việt Nam topped US$15.7 billion last year, the ninth highest in the world.


    While globally remittances decreased by 7 per cent last year due to COVID-19 according to the World Bank, Việt Nam was not affected much.


    In 2019, the country’s remittances topped US$16.7 billion, of which $5.3 billion came to HCM City


    Trần Quốc Anh, head of HDBank’s personal customers division, said remittances via his bank were up by more than 40 per cent


    Around 580,000 Vietnamese work abroad, including 230,000 in Taiwan, nearly the same number in Japan, 50,000 in Korea, 30,000 in Southeast Asia, and 15,000 each in the Middle East, Africa and Europe.


    Most work in fields such as construction, manufacturing, agriculture and fishing, and domestic work, according to Nguyễn Gia Liêm, deputy head of the Ministry of Labour, Invalids and Social Affairs’ overseas labour management department.


    The income abroad helped improve the quality of life of workers and their families, and many escaped poverty and were able to afford education for their children, he said.


    Lương Thanh Nghị, vice chairman of the State Committee for Overseas Vietnamese, said last year overseas Vietnamese from 27 countries invested US$1.6 billion in the country.


    Liêm said the country had signed deals with countries such as Japan, Malaysia, Qatar, Russia, and South Korea to send workers.


    Việt Nam aims to send 90,000 guest workers abroad this year, and 500,000 from now through 2025. —VNS


     


     


     



    Source: Vietnam News

    How useful was this post?

    Click on a star to rate it!

    Average rating 0 / 5. Vote count: 0

    No votes so far! Be the first to rate this post.

    As you found this post useful...

    Follow TIMES 24H on social media!

    We are sorry that this post was not useful for you!

    Let us improve this post!

    Tell us how we can improve this post?

    Breaking News Business Life lifestyle News Times24H Vietnam News
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Kevin Le
    • Website
    • Facebook
    • Twitter
    • Instagram
    • BlogLovin

    Related Posts

    Nutifood launches Nutifood Nutrition Research Institute in Sweden (NNRIS)

    April 15, 2021

    Crude oil stolen from ONGC pipeline in East Godavari

    April 15, 2021

    HC dismisses bail plea of Delhi riots-accused

    April 15, 2021

    Leave A Reply Cancel Reply

    Latest

    Xiaomi clarifies how Mi Mix Fold has improved warmth dissemination among foldables

    April 16, 2021

    Nutifood launches Nutifood Nutrition Research Institute in Sweden (NNRIS)

    April 15, 2021

    DJI Air 2S pairs bigger 5K camera with auto-editing for drone video

    April 15, 2021

    Bluetti EB70 700W Portable Power Station – power in a compact package

    April 15, 2021
    DMCA.com Protection Status
    Facebook Twitter Instagram Pinterest
    © 2021 TIMES24H. Regn. No. 0316487598. All rights reserved

    Type above and press Enter to search. Press Esc to cancel.

    TIMES 24H use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
    Cookie settingsACCEPT
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled

    Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

    Non-necessary

    Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

    SAVE & ACCEPT
    en English
    ar Arabiczh-CN Chinese (Simplified)nl Dutchen Englishfr Frenchde Germanit Italianpt Portugueseru Russianes Spanishvi Vietnamese
    Go to mobile version