DUBLIN–(BUSINESS WIRE)–The “Vietnam International Remittance Market Business and Investment Opportunities – Analysis by Transaction Value & Volume, Inbound and Outbound Transfers to and from Key States, Consumer Demographics – Q1 2024” report has been added to ResearchAndMarkets.com’s offering.
The international remittance market in Vietnam has demonstrated continued growth, with an increase in inbound remittance value to US$ 14.00 billion in Q1 2024, signifying a 3.4% increase from the previous year. This upward trend in remittance inflows is echoed by the growth of outbound transfers, which have also seen a notable rise to reach US$160.2 million in the same period. These findings are part of a comprehensive analysis of the market’s current state and expected trajectory through 2028.
Market Dynamics and Consumer Insights
The remittance market’s expansion is closely analyzed across various dimensions, including transaction value, volume, and average value per transaction. Insightful data on consumer demographics reveals trends among sender and beneficiary profiles by age group, income level, occupation, and the purpose behind their transactions.
Remittance Channels and Regional Nuances
The report delves into the market opportunity segmented by transfer channels – digital, mobile, and non-digital – showcasing the evolving landscape of remittance in Vietnam. Additionally, a granular analysis of international remittance flow highlights the market opportunity tied to key sending states and regions, enriched by the market share accounted for by various transfer mechanisms.
Strategic Implications for Stakeholders
This growth and comprehensive coverage of market dynamics underscore the Vietnam international remittance market’s significance and offer stakeholders critical insights. Businesses and investors operating within the space or considering entry will find the report’s projection of future market growth to be of substantial strategic value, supporting effective planning and decision-making.
The analysed data from the international remittances market in Vietnam is indicative of an ecosystem that is maturing while still offering opportunities for growth and innovation. Stakeholders are advised to consider these insights as they formulate their strategic plans to navigate and capitalize on Vietnam’s remittance market across the forecast period.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 130 |
| Forecast Period | 2024 – 2028 |
| Estimated Market Value (USD) in 2024 | $14 Billion |
| Forecasted Market Value (USD) by 2028 | $15.2 Billion |
| Compound Annual Growth Rate | 2.1% |
| Regions Covered | Vietnam |
For more information about this report visit https://www.researchandmarkets.com/r/ksalf4
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
ZHENGZHOU, China--(BUSINESS WIRE)--In central China’s Zhengzhou city, visiting museums has become a new trend of…
Mollie Pearce, star of the UK reality TV show ‘The Traitors’ who was diagnosed with…
QBA 2024 Announces 35 Finalists Competing for Hong Kong's Highest Honour in the Building Industry…
SINGAPORE - Media OutReach Newswire - 17 May 2024 - UXLINK, the Web3 social platform…
DUBLIN--(BUSINESS WIRE)--The "Australia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to…
Three-part podcast interview features The mechanism of action of ANKTIVA® activating NK cells, Killer T…
