World Economy

Vietnam Remittances to Rise

Vietnam Remittances  to RiseVietnam Remittances  to Rise

Vietnam is forecast to receive between $13b and $14b in overseas remittances this year, up from $12b in 2014, the central bank said on Monday, Business Recorder reported. Foreign exchange supply to Vietnam is also expected to be boosted from rising foreign direct investment and investment in equities, which could help lead to a surplus of $8b in the country’s balance of international payments.