Want to be in the loop?
subscribe to
our notification
Business News
REMITTANCES TO HCMC TOP US$10 BILLION IN 2025
Remittance inflows to HCMC continue to grow steadily - PHOTO: ARCHIVES
HCMC – Remittance inflows to HCMC exceeded US$10 billion in 2025, highlighting the city’s continued role as Vietnam’s largest recipient of overseas funds.
According to the State Bank of Vietnam’s (SBV) Region 2 Branch, total incoming remittances to the city amounted to more than US$10.34 billion last year, up 8.3% from 2024.
Most remittances were channeled through economic organizations, totaling nearly US$7.43 billion, or 71.8% of the total. Transfers via credit institutions accounted for the remainder, at about US$2.92 billion.
Asia remained the largest source of remittances, contributing nearly US$5.06 billion, equivalent to 48.9% of the total. Inflows from the region rose 3.2% year-on-year. Key markets included Japan, South Korea, Taiwan, and several Southeast Asian countries, where large numbers of Vietnamese nationals work on long-term contracts.
Tran Thi Ngoc Lien, deputy director of the SBV’s Region 2 Branch, said growth from Asia was slower than in other regions but remained the backbone of remittance inflows due to its scale and stability.
The Americas ranked second, with remittances exceeding US$3.3 billion, or 31.9% of the total. Inflows from the region rose 11.8%, reflecting income recovery among Vietnamese communities in the U.S. and Canada, as well as increased transfers for investment, consumption, and family support.
Other regions also posted solid growth. Remittances from Europe reached US$921.4 million, up 16%, while Oceania contributed US$893.62 million, an increase of 15.1%.
Although smaller in scale, Africa recorded the fastest growth, with remittances rising 39.3% to US$173.35 million. The increase reflects the expanding presence of Vietnamese workers and business activities in the region.
Overall, Asia and the Americas continued to dominate the remittance structure, together accounting for more than 80% of total inflows, while other markets contributed to greater diversification, Lien said.
HCMC remained Vietnam’s largest remittance destination in 2025. In Dong Nai Province, remittances transferred through credit institutions totaled more than US$181 million during the year.
Source: The Saigon Times
Related News
VIETNAM ECONOMY INVESTMENT
VIETNAM’S AGRO-FORESTRY-FISHERY EXPORTS JUMP NEARLY 30% IN JANUARY
Vietnam’s exports of agricultural, forestry and fishery products surged nearly 30% year-on-year in January 2026, driven by strong growth across major commodity groups and key export markets, according to the Ministry of Agriculture and Environment. Export turnover for the sector in January is estimated at nearly US$6.51 billion, up 29.5% from the same period last year, the ministry said at a regular press briefing on February 5.
VIETNAM MONTHLY STATISTICAL DATA
INFOGRAPHIC SOCIAL-ECONOMIC PERFORMANCE IN JANUARY OF 2026
The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.
MEMBER CORNER / PROMOTIONS
PHUC VUONG DISTRIBUTES "TET REUNION" GIFTS: SENDING LOVE TO THE CONSTRUCTION SITES
On the afternoon of February 6th, amid the busy year-end atmosphere, Phuc Vuong Company organized the "Tet Reunion – Spring Connection" gift-giving event right at the construction site. This annual activity aims to honor the "dream builders" who have dedicated themselves to the company's growth. The General Director was present to personally express his sincere gratitude and hand over meaningful Tet gifts to the workers.
HOSPITALITY / TOURISM / ENTERTAINMENT
INTERNATIONAL ARRIVALS TO VIETNAM REACH NEW MONTHLY HIGH
International arrivals to Vietnam hit a new monthly record in January 2026, rising 21.4% from the previous month and 18.5% year-on-year, according to the National Statistics Office. Air travel continued to dominate, accounting for nearly 80% of all arrivals. Arrivals by land nearly doubled compared with the same period last year, while sea arrivals rose by about 30%, though they remained a small share.
PROPERTY / INDUSTRIAL ZONE
HCMC APPROVES 28 MORE LAND PLOTS FOR HOUSING DEVELOPMENTS
HCMC has approved 28 out of 30 proposed land plots for pilot housing developments, covering a combined area of more than 750,600 square meters, according to a newly adopted resolution. The approved sites are spread across multiple wards and communes, with a strong concentration in the city’s southern and eastern areas.
VIETNAM ECONOMY INVESTMENT
VIETNAM SEES STEADY FDI DISBURSEMENT BUT SLOWER EXPANSION IN JANUARY
Foreign direct investment (FDI) disbursement in Vietnam rose in January, while newly registered capital fell sharply, pointing to stable project implementation but slower investment expansion. Data from the Ministry of Finance showed that January FDI disbursement increased 11.26% year-on-year to US$1.68 billion, reflecting continued execution and expansion of existing foreign-invested projects.
Events Sponsors
