Remittance is very important to the development of a country just like the content in the article “How does remittance affect a country's economy?”. However, there are still many immigrants who don’t know how to make it, especially since every nation has its way to make remittances. Therefore, FinFan will discuss in this essay the way to make foreign remittances from the U.S., which has many immigrants from Vietnam.
Through the content of the article “How remittance helps economy in Viet Nam” we know that remittance not only helps Vietnamese people to upgrade to the next level but also supports the economy of Vietnam to develop In this article, we will get more information about how remittance affects other developing countries’ economies and find out how blockchain makes sending remittances easier.
Immigrants are the people, who work, study or live in settlements abroad (far from their hometowns). They often go abroad for some reasons and the biggest reason is poverty in developing countries just like the content in the article “How remittance helps economy in Vietnam” So, what is it called when immigrants send money home? Let’s find out with FinFan.
When you live abroad or stay in another country for just a short time, you often need to send your money back home to your family, partner or friends. All of this money calls remittance. How many types of remittance in banking and banking less?
Digitizing Vietnam remittance is still a lucrative market and a huge opportunity to develop. Nevertheless, it still has two difficulties to overcome. Could digitizing Vietnam remittance work and develop? In this article, let’s find out with FinFan.
Vietnam is a developing country, therefore this money that migrants send home – remittance - can not only help their relatives but also economic support can make.
Cross-border remittances solutions allow banks and payment systems to connect to new distributed ledger technology (DLT)-based payment infrastructures to process cross-border FX remittance transactions.
Ho Chi Minh City is expected to receive $6.5-6.6 billion in remittances this year, up from $6.1 billion in 2020. And remittances to Vietnam are expected to hit a record US$18.1 billion in 2021,