Vietnam added to Emerging Market and Middle-Income Economies group by IMF

Vietnam added to Emerging Market and Middle-Income Economies group by IMF

Vietnam has been removed from the Low-Income Developing Countries (LIDCs) group and added to the Emerging Market and Middle-Income Economies (EMMIEs) group by the International Monetary Fund (IMF).

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

Real estate recovery reflects optimistic outlook for Vietnam: economists

Real estate recovery reflects optimistic outlook for Vietnam: economists

Vietnam was well placed to seize growth opportunities and tap global trends, leading economists said at a forum on Tuesday, citing real estate market recovery as an indicator.

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

Fitch affirms Standard Chartered Vietnam 'BB' rating, outlook positive

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 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

Nine in 10 Vietnam businesses eye overseas expansion: UOB study

Nine in 10 Vietnam businesses eye overseas expansion: UOB study

Almost nine in 10 businesses in Vietnam are looking to expand broad in the next three years, which will mean a higher interest in cross-border digital trade platforms, says a new study by Singapore’s United Overseas Bank (UOB).

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

81% of surveyed firms pessimistic about Vietnam economic outlook

81% of surveyed firms pessimistic about Vietnam economic outlook

Up to 81.4% of Vietnamese firms have a negative outlook on the country's economic conditions this year, according to a new survey by the Prime Minister's Private Economic Development Research Board.

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

Vietnam M&A forecast for a busy year: PwC

Vietnam M&A forecast for a busy year: PwC

Technology, media, telecoms, industrial manufacturing, automotive, financial services, energy, consumer markets, and health are forecast to offer opportunities for mergers and acquisitions (M&A) in Vietnam this year, a new PwC report said.

Industries - 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

European business confidence in Vietnam falls, more firms move operations from China to nation

European business confidence in Vietnam falls, more firms move operations from China to nation

European business stakeholders' perception of Vietnam's business climate fell to 48.0 in Q4/2022, but up to 41% of surveyed respondents said their companies are shifting operations from China to Vietnam, according to EuroCham.

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

ASEAN-5 to grow faster than China: IMF

ASEAN-5 to grow faster than China: IMF

Five larger economies in Southeast Asia, namely Indonesia, Malaysia, Philippines, Thailand, and Vietnam, will grow faster than China this year and next year, according to the International Monetary Fund's latest projections.

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

Stock market to retain bright outlook: analysts

Stock market to retain bright outlook: analysts

Experts are optimistic about the market outlook in the second half of 2022 following strong corrections in the last few months driven by international macroeconomic factors like soaring global inflation and U.S. Federal Reverse rate hikes.

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