Remittances to Ho Chi Minh City Show Strong Recovery in Q3
Remittances to Ho Chi Minh City have shown a significant recovery in the third quarter of 2026, following two quarters of decline. Positive signals from the Asian market and exchange rates are driving a recovery trend towards the end of the year, despite the cumulative amount for the first nine months being lower than the previous year.
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- Remittances to Ho Chi Minh City Rise Nearly 40% in Q3
Remittances to Ho Chi Minh City surged by nearly 40% year-on-year in the third quarter, according to the State Bank of Vietnam's Region 2 Branch, signaling a potential boost to economic activity. This marks a significant step towards the city's goals for mobilizing remittances and social resources.