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Digital services to spur increasing remittances

Digital services to spur increasing remittances 14:00 | 26/05/2021 Vietnam is one of the largest beneficiaries of remittances in the world. Photo: Le Toan According to fresh global remittance data compiled by the World Bank, the number of overseas remittances to Vietnam in 2020 was $17.2 billion, instead of $15.7 billion as the initial prediction. Thus, the updated figures in 2020 increased by nearly 3 per cent on-year, making Vietnam one of the top 10 beneficiaries among low and middle-income countries. With overseas remittances transferred equivalent to 5 per cent of GDP in 2020, Vietnam was one of the top 10 countries in the East Asia-Pacific with the highest proportion of remittances compared to GDP.

VIETNAM BUSINESS NEWS APRIL 25

VIETNAM BUSINESS NEWS APRIL 25 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công  25/04/2021    10:05 GMT+7 Vietnamese aviation has huge room for expansion Vietnam’s aviation market boasts huge potential for expansion. Illustration image The Airports Corporation of Vietnam (ACV) has invested heavily in airport infrastructure development as Vietnam’s aviation market boasts huge potential for expansion, according to an official from the corporation. Deputy head of ACV’s business and market development board Nguyen Quoc Hung said that more than 25 trillion VND (over 1 billion USD) has been poured into expanding infrastructure over the last five years to better serve the growth being seen in passenger and cargo traffic.

Karaoke in spotlight as Vietnam s biggest city cracks down on noise

Karaoke in spotlight as Vietnam s biggest city cracks down on noise
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