Remittances to the southern hub in the period grew by seven percent year on year
Vietnam’s total inward remittance in 2014 was about $12 billion, most of which has been invested in production and business activities, according to the State Bank of Vietnam.
The State Bank of Vietnam is buying foreign currencies from the local market to increase the national foreign exchange reserves, a move it stopped for five months
Experts predict inward remittances will continue to increase over the period 2015-2016, but will decrease slightly from 2017.
During the last 3 years, the amount of inward remittances continued to increase from $9 billion in 2011 to $10 billion in 2012 and $11 billion in 2013
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