A Vietnamese investor watches share price activity on a securities trading floor in Hanoi. Photo: AFP
Ivan V. Small
Opinion

Opinion

Asian Angle by Ivan V. Small

How Vietnamese-Americans and other ‘Viet Kieu’ fuel capitalist dreams with remittances

  • International remittances to Vietnam are estimated at US$15 billion annually, making it one of the top 10 recipient countries in the world
  • This money from Viet Kieu – an informal term for overseas Vietnamese – pays for much but also provokes resentment

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A Vietnamese investor watches share price activity on a securities trading floor in Hanoi. Photo: AFP
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