Remittances from Africa posting the sharpest rise, soaring 150.3% year-on-year.

Remittances to Ho Chi Minh City reached an estimated $2.73
billion in the third quarter of 2025, up 18% year-on-year, according to the State
Bank of Vietnam’s Region 2 Branch.

The figure brought total remittances to the southern
metropolis in the first nine months of the year to $7.97 billion, marking a 6.25%
increase compared to the same period in 2024.

By region, remittances from Africa posted the sharpest rise,
soaring 150.3% year-on-year, followed by Europe (16.7%), Oceania (11.1%), and America
(10.3%). In contrast, inflows from Asia fell 2.8% over the same period.

Last year, total remittances to HCM City exceeded $9.54
billion, with Asia and America accounting for 82.2% of the total.

VnEconomy-Minh Huy