Moody's upgrades outlook of Techcombank in 2024 to 'stable'

Moody's upgrades outlook of Techcombank in 2024 to 'stable'

Moody's Ratings has revised the outlook of Techcombank from negative to stable, the U.S. credit rating agency said Wednesday.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam targets credit rating upgrades in 2030: Finance Minister

Vietnam targets credit rating upgrades in 2030: Finance Minister

Finance Minister Ho Duc Phoc has asked Standard & Poor's Global Ratings (S&P) and Moody's to help Vietnam further improve its credit rating by sharing experiences and relevant advice.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Moody's launches Vietnam credit rating agency

Moody's launches Vietnam credit rating agency

Moody's Corporation has launched a Vietnamese credit rating agency - its partnership with leading local financial institutions, the American firm announced on Tuesday.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam reserves to increase to $95 bln by year-end: Moody’s

Vietnam reserves to increase to $95 bln by year-end: Moody’s

Vietnam’s foreign-exchange reserves excluding gold are forecast to rebound to $95 billion by the end of this year as the central bank rebuilds its stockpile, Moody’s Investor Service said.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Moody’s downgrades Techcombank ratings, changes outlook to negative

Moody’s downgrades Techcombank ratings, changes outlook to negative

Credit rating agency Moody’s has downgraded the long-term deposit and issuer ratings of Techcombank and changed the outlook from stable to negative due to the bank’s high exposure to the struggling real estate sector in Vietnam.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Moody’s changes Vietnam banking outlook to ‘stable’ amid realty headwinds

Moody’s changes Vietnam banking outlook to ‘stable’ amid realty headwinds

Credit rating agency Moody’s has downgraded its outlook on Vietnam’s banking system to “stable” from “positive” due to bigger asset risks in the property sector and declining profitability.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam growth upbeat amid slowing Asia: IMF

Vietnam growth upbeat amid slowing Asia: IMF

Vietnam’s upbeat growth outlook is bucking the slowing trend elsewhere in Asia, with relatively subdued inflation as an exception to the regional rule, the International Monetary Fund said Tuesday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Moody's upgrades Vietnam’s rating

Moody's upgrades Vietnam’s rating

Moody's has raised Vietnam's rating from Ba3 to Ba2, meaning outlook changed from positive to stable.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7