Overseas Remittances to HCM City Hit US$2.8 Bln
Overseas remittances to Ho Chi Minh City reached US$2.8 billion in the past nine months, equal to 81.5 percent of last year’s figure.
Statistics released by the State Committee for Overseas Vietnamese showed overseas remittances to Vietnam surpassed US$6.3 billion, accounting for 70 percent of the country’s total amount recorded in 2011.
The country is expected to get US$10-11 billion remitted from Vietnamese expatriates abroad this year, up 30 percent compared to last year’s figure.
Most of the money has flowed into rural and far-flung areas where there is an abundant resource of labour for export.
VOV
Vietnamese
