Southeast Asia Information Port (www.dnyxxg.com) reports that against the backdrop of global economic fluctuations, remittances to Ho Chi Minh City have maintained a steady growth momentum. In 2025, the city's remittances are projected to reach US$10.5 billion, setting a new record.
Tran Thi Ngoc Lien, Deputy Director of the Second District Branch of the State Bank of Vietnam, pointed out that this increase demonstrates the growing confidence of overseas Vietnamese in the stability of the domestic economy, and also reflects the positive role played by flexible exchange rate policies and a stable interest rate environment.
This effectively indicates that the macroeconomy of Ho Chi Minh City and even Vietnam as a whole remains stable. Monetary policy adjustments, particularly maintaining stable interest rates and implementing flexible exchange rate management, have laid a solid foundation for attracting remittances back to the country, satisfying consumption demand and supplementing funding sources for production and business activities.
Statistical data shows that in the first nine months of 2025, remittances to Ho Chi Minh City reached US$7.94 billion, a year-on-year increase of 6.3%. Ho Chi Minh City continues to be the city with the highest remittance income in the country, typically accounting for about 60% of the national total.
In terms of regional structure, as of the end of the third quarter of 2025, Asia continued to be the most important source of foreign exchange earnings for Ho Chi Minh City, accounting for more than 50% of the city's total remittances. This was followed by the Americas (30%), Europe (9%), Oceania (8.4%), and Africa (2%). Notably, remittances from Africa experienced explosive growth, increasing by over 150% year-on-year. Other regions also maintained good growth momentum, with Europe growing by 16.7%, Oceania by 11%, and the Americas by 10%. (End)
