Current context of Vietnamese labor in Israel

In recent years, Israel has become one of the most attractive labor markets for Vietnamese workers. According to Dan Tri Newspaper, in 2025 the Israeli labor market is facing a severe manpower shortage, particularly in sectors such as construction, agriculture, healthcare, and manufacturing. Statistics from the Israeli government show that more than 60,000 job positions need to be filled to sustain economic recovery and growth in the post-pandemic period.

Thanks to qualities such as diligence, discipline, agility, and strong adaptability, Vietnamese workers are increasingly highly regarded by Israeli employers. By mid-2025, many cooperation programs and labor contracts sending Vietnamese workers to Israel have recorded positive results, opening up prospects for expanded labor and economic cooperation between the two countries in the coming years.

Demand for money transfers from Israel to Vietnam

With stable and relatively high incomes compared to domestic standards, most Vietnamese workers in Israel have a strong need to send money from Israel to Vietnam to support their families, cover living expenses, build financial security, or save for the long term.

However, due to differences in financial systems, foreign exchange regulations, and capital flow controls between the two countries, international money transfers from Israel to Vietnam are not simply ordinary bank transfers. Workers need to clearly understand suitable methods to ensure their money is transferred safely, transparently, and in compliance with legal regulations, while also optimizing costs and processing time.

Specific characteristics of transferring money from Israel to Vietnam

Unlike traditional labor markets such as South Korea or Japan—where ecosystems supporting remittances for foreign workers are well established—Israel applies a banking system with very strict capital control and legal compliance procedures.

Workers in Israel usually receive their salaries through local bank accounts. Therefore, when transferring money from Israel to Vietnam, senders must fully meet requirements related to:

• Identity verification (KYC)
• Proof of legitimate source of funds
• Clearly stated transfer purpose in accordance with regulations

In addition, exchange rates and currency conversion fees can significantly affect the final amount received in Vietnam if the appropriate transfer channel is not chosen.

Common methods of transferring money from Israel to Vietnam today

Bank transfers

Transferring money through international banking systems is a traditional method, suitable for large-value transactions that require high legal compliance and clear transparency.

Advantages:

• High level of security
• Full compliance with legal regulations

Limitations:

• Long processing times
• Complex procedures
• High transfer and intermediary fees

Using international money transfer services

International money transfer services allow workers to conduct transactions more quickly and conveniently. However, this method is still subject to the legal regulations of both the sending and receiving countries.

For large-value transactions, users may still face certain limitations related to capital controls, information verification, or transfer limits.

FinFan – A money transfer solution from Israel to Vietnam for workers

Addressing the shortcomings of traditional methods, FinFan was established to bridge the gap in money transfer needs from Israel to Vietnam for Vietnamese workers.

As a fintech company specializing in modern remittance and money transfer solutions, FinFan helps Vietnamese workers in Israel overcome geographical barriers, enabling them to send money back to Vietnam safely, quickly, and transparently.

Key advantages of FinFan’s money transfer service

Trusted international partner network

FinFan partners with over 50 major players in the remittance industry, including well-known international partners facilitating transfers from Israel to Vietnam. As a result, users can receive funds (VND) directly into their bank accounts or e-wallets in Vietnam with fast processing times.

Transparency and legal compliance

FinFan holds an operating license issued by the State Bank of Vietnam (SBV). All transactions strictly comply with foreign exchange regulations and anti-money laundering (AML) requirements, giving workers peace of mind when making international transfers.

Reasonable fees and competitive exchange rates

By leveraging technology and a diversified partner network, money transfers from Israel to Vietnam via FinFan are cost-optimized, offering transparent and competitive exchange rates compared to many traditional methods.

Choosing the right money transfer solution in the new context

As cross-border capital flow regulations become increasingly stringent, selecting a reputable fintech provider to support international money transfers to Vietnam has become a crucial factor for Vietnamese workers in Israel.

An effective money transfer solution must not only ensure fast processing speeds but also meet standards of security, transparency, and legal compliance. FinFan is designed to meet these criteria, serving as a reliable financial connection platform that helps money flow steadily from Israel to Vietnam and supports the long-term financial needs of workers.

Contact FinFan today via hotline (+84) 28 6685 3317 or email support@finfan.vn to receive expert consultation on fast, secure, and transparent international money transfer solutions.

Reference

• Nguyen, S. (2025, May 20). Bộ trưởng Israel: "Bằng mọi giá" đón lao động Việt, giải cơn khát nhân lực. Dan Tri Newspaper. (https://dantri.com.vn/lao-dong-viec-lam/bo-truong-israel-bang-moi-gia-don-lao-dong-viet-giai-con-khat-nhan-luc-20250520182824489.htm)