VNExpress-Dec 25

Economic recovery and stimulus checks in many countries have allowed overseas Vietnamese to send remittances home and support their families amid the Covid-19 pandemic. In the first week of every month Nguyen Thanh Tuyen, who works at a nail salon in Orange County, California state, in the U.S. heads to a bank near her home to send money to her parents in Ho Chi Minh City’s Binh Tan District. Even when she was jobless for months until May the 32-year-old never stopped sending $500 back home. Tuyen is among millions of people living abroad who kept sending money home amid the two-year-long pandemic, which prevented them from coming home. This year Vietnamese remitted an estimated $18.06 billion, a new high and the eighth highest of any country globally. Dao Minh Tuan, deputy director of Vietcombank, says apart from the U.S. and Canada, two major remittance sources, large sums also came from Asian economies like South Korea, Japan and Taiwan this year. Read more at: https://e.vnexpress.net/news/life/remittances-help-covid-hit-vietnamese-stay-afloat-4406654.html