Illustrative photo (Source: VNA)To attract money sent home by overseas Vietnamese, Sacombank,ACB and Eximbank have launched programmes targeting customers using their remittancereceipt services since the first day of 2022. These programmes are offering valuablegifts and lucky draws to the customers.
Vietnamese abroad sent home some 12.5 billion USD last year,up 10 percent on-year, according to Standing Deputy Governor of the State Bankof Vietnam (SBV) Dao Minh Tu.
About 28 percent of the remittances was delivered throughinternational money transfer companies, 70 percent via credit institutions and 2percent by post, he said.
In Ho Chi Minh City alone, data from the SBV's branch showed that the city attracted 6.5-6.6billion USD worth of remittances in 2021.
More remittances are coming to thesouthern largest economic hub ahead of Tet, mostly for supporting families affected bythe COVID-19 pandemic and for investing in different channels, including the stock market,said Nguyen Hoang Minh, head of the Vietnam BanksAssociation's office in HCM City.
In 2022, the volume of remittances to Vietnam is projected to grow about 2.6percent./.
VNA
