Remittance to Vietnam forecast to rise despite pandemic
(VOVWORLD) - Remittance to Vietnam is estimated at more than 18 billion USD this year, according to the World Bank and the Global Knowledge Partnership on Migration and Development.
 Illustrative image (Photo: AFP) |
The country will be the eighth largest remittance recipient in the world and the third largest in the Asia-Pacific region in 2021.
In 2020, Vietnamese abroad sent home more than 17billion USD.
According the World Bank’s Migration and Development Brief released recently, remittances to low- and middle-income countries are projected to have grown 7.3% to reach nearly 590 billion USD in 2021.