Remittances often depend on macroeconomic conditions, the situation of overseas workers as well as services attracting remittances.
Since the beginning of this year, the situation has looked good, with stable remittance flowing into the city and gradually increasing.
The macroeconomic condition has also been stable in recent times, and the pressure of an increase in the exchange rate due to market psychology has been eliminated. Therefore, those who receive remittances gradually convert them from foreign currency to VND.
In recent years, remittances to HCM City has increased by an average of 8 to 10 percent per year.