Vietnam to be among top remittance receivers in 2018
Vietnam is set to be one of the top remittance receivers in the world in 2018 with an estimated sum of 15.9 billion USD, deputy head of the State Committee for Overseas Vietnamese Affairs Luong Thanh Nghi said at a press conference in Hanoi on December 20.
Hanoi(VNA) – Vietnam is set to beone of the top remittance receivers in the world in 2018 with an estimated sumof 15.9 billion USD, deputy head of the State Committee for Overseas VietnameseAffairs Luong Thanh Nghi said at a press conference in Hanoi on December 20.
He cited statistics from the World Bank indicatingthat remittances to Vietnam reached 11.8 billion USD in 2016 and 13.8 billionUSD in 2017.
At the press conference, Nghi also revealed aseries of big events scheduled for Vietnamese expatriates visiting theirhomeland later this month and in January.
A conference on connections between overseasVietnamese and localities in Vietnam will take place in the central provincesof Nghe An and Ha Tinh from December 26 to 29.
On January 26, 2019, the “Xuan Que Huong” (Springin Homeland) 2019 programme will be held in Hanoi, providing a platform forVietnamese expats to share their aspirations and honour those who havecontributed to the homeland’s development.
There are approximately 4.5 million Vietnameseliving and working in 103 countries and territories worldwide. They form anindispensable part of the nation and play an important role in intensifyingfriendship between Vietnam and the rest of the world.-VNA
Remittances to Vietnam have increased despite the rise in USD price against other currencies and the zero interest rate for foreign currency savings, factors experts said would impact remittance flow.
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At the press conference (Source: baomoi) 
