The Hanoitimes – Remittance, along with foreign direct and indirect investment and official development assistance, is a major source of Vietnam’s foreign currency supply.
In 2019, in current US dollar terms, Vietnam is projected to be among the 10 largest remittance recipients with an inflow of nearly US$16.7 billion, or 6.4% of its GDP, a slight increase from the US$16 billion received in 2018, according to the World Bank’s latest data.
|Data: World Bank. Chart: Ngoc Thuy (Unit: million USD).|
This would be a third consecutive year that Vietnam continues to remain in the top 10 ranking in terms of remittance, reaching US$13.8 billion in 2017 and US$15.9 billion in 2018, respectively. Tiếp tục đọc “Vietnam remains among top 10 remittance recipients in 2019”