# Home | VOV.VN

> Foreign remittances to Vietnam were estimated at US$13.8 billion for 2017, a 16% year-on-year rise according to the World Bank. The National Centre for Socio-Economic Information and Forecast expects remittances to come under pressure in 2018 because of tighter US immigration policy and Fed rate hikes.

- Date: 2018-03-14 · published 2018-03-14T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/66319-home-vov-vn
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Weaker remittance inflows could reduce household purchasing power and dollar liquidity in Vietnam, which may soften demand for imported feed and put mild pressure on the dong.

## Sources

- vovvn-fe.solidtech.vn: https://vovvn-fe.solidtech.vn/en/economy/remittances-from-us-could-fall-this-year-370426.vov

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
