HA NOI — Remittances appear to be increasing during the global economic crisis, according to figures published by a number of commercial banks.
Vietcombank announced it received US$1.5 billion in remittances from overseas last year, an increase of $200 million – or 12.7 per cent – over 2007.
DongA Bank reported remittances totalling $1.2 billion, while Vietinbank reported $900 million, and Agribank $870 million.
Remittances came from the US, Canada, and Australia, as well as from such leading employers of export labour as Taiwan, South Korea and Malaysia. Read more
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