As of 2005, there are some three million Vietnamese living outside of Vietnam, with approximately half of those living in the United States. Vietnamese-Americans, many of whom are still culturally and emotionally connected to their country of heritage, are increasingly giving back to their families and communities in the form of formal and informal remittances.
The United Nations International Fund for Agriculture & Development put the total estimated amount of remittances to Vietnam at US$6.8 billion in 2007 – over 11.2% of the country's GDP. Vietnamese-Americans comprise a considerable proportion of those making remittances to Vietnam. Le Xuan Khoa, an adjunct professor at Johns Hopkins University who has written several papers about the Vietnamese-American community and engagement with Vietnam, believes that proportion to be 2/3 of total remittances made to Vietnam.
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