Ho Chi Minh City remittances rebound to more than US$2.83 billion in Q3
Inflows rose 39.5% from the previous quarter, but the nine-month total remained 13.8% below the corresponding period in 2025.
Ho Chi Minh City received more than US$2.83 billion in overseas remittances during the third quarter of 2026, a quarterly increase of 39.5%. Inflows were also 3.6% higher than a year earlier, ending two quarters of annual declines.
Remittances for January–September totalled nearly US$6.87 billion, down 13.8% year-on-year. The third-quarter rebound reduced the cumulative shortfall from 22.8% at the end of the first half. The first and second quarters had recorded annual falls of 16.9% and 27.9%, respectively.
Asia accounted for 59.1% of third-quarter inflows, contributing nearly US$1.68 billion. The Americas supplied US$748.5 million, representing 26.4%. Transfers from Europe amounted to US$222.1 million, while Oceania contributed US$173.2 million.
Economic organisations that directly receive and disburse foreign currencies handled more than US$2.2 billion, accounting for 77.7% of remittances. Transfers through these organisations increased 58.5% quarter-on-quarter. Credit institutions handled US$631.4 million, a decrease of 1.6%.
Tran Thi Ngoc Lien, Deputy Director of the SBV Regional Branch 2, attributed the recovery mainly to inflows from Asia. She identified the Korean won’s appreciation against the US dollar as one contributing factor, alongside seasonal demand for transfers to fund domestic investment and consumption ahead of year-end.
The SBV Regional Branch 2 forecasts full-year remittances of around US$9.5–9.8 billion in 2026. That would remain below the US$10.3 billion received in 2025.
