Vietnam GDP growth can reach 5-6.7% in 2024: finance institutions
Foreign organizations have expressed a positive outlook about Vietnam’s GDP growth next year on the basis that the country’s economic growth is likely to surpass 5% this year as forecast by Party General Secretary Nguyen Phu Trong.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Fitch upgrades ratings of 7 banks in Vietnam, including StanChart, HSBC, ANZ
Fitch Ratings has upgraded the long-term foreign-currency issuer default rating (IDR) of six banks in Vietnam to ‘BB+,’ one to ‘BB,’ and one unchanged at ‘BB-,’ the rating agency announced Wednesday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Fitch upgrades ratings of Petrovietnam, Vietnam Electricty, subsidiaries to ‘BB+’
Fitch Ratings has upgraded the Long-Term Issuer Default Ratings (IDRs) of state-owned oil-gas group Petrovietnam, state utility Vietnam Electricity (EVN), and subsidiaries of the two power giants to “BB+” with a “Stable” outlook.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Positive outlook for Vietnamese banks, GDP growth over 6% in 2024: Fitch
Vietnamese banks are set to enjoy a favorable business environment over the next few years in tandem with a strengthening economy, a Fitch Ratings report says.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Fitch affirms Standard Chartered Vietnam 'BB' rating, outlook positive
Fitch Ratings has affirmed Standard Chartered Bank Vietnam a long-term foreign currency issuer default rating (IDR) at 'BB' and its long-term local currency IDR at 'BBB-' while the outlook is positive.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Fitch affirms HSBC Vietnam ‘BB’ rating, outlook positive
Fitch Ratings has assigned HSBC Vietnam a long-term foreign-currency issuer default rating (IDR) of “BB” and its long-term local-currency IDR of “BBB-“ while the outlook is positive, Fitch Ratings said Monday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam EV market set to grow 26% per year in coming decade
Vietnam’s electric vehicle (EV) market can see an annual sales growth of almost 26% to reach around 64,500 units in 2032, according to BMI, a Fitch Solutions company.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Property sector risks to Vietnam’s sovereign credit reduced: Fitch Ratings
Uncertainty has eased over the possible fallout for Vietnam’s sovereign credit from real estate sector stresses, Fitch Ratings said Tuesday.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Fitch affirms Vietnam at 'BB', outlook positive
Fitch Ratings on Wednesday affirmed Vietnam's long-term foreign-currency issuer default rating (IDR) at 'BB' with a positive outlook, reflecting the country’s favorable medium-term growth outlook, strong external liquidity, and lower government debt compared with the peer median.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Fitch Ratings assigns EVN transmission unit 'positive outlook'
Fitch Ratings has assigned EVNNPT, the national power transmission corporation under state utility Vietnam Electricity (EVN), a long-term foreign-currency issuer default rating (IDR) of 'BB' with “positive outlook.”
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Fitch Ratings assigns PV Gas 'positive outlook'
Fitch Ratings has assigned PV Gas, a subsidiary of state-run Petrovietnam, a long-term foreign-currency issuer default rating (IDR) of “BB” with a positive outlook, the Vietnamese firm announced Thursday.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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