Deputy Prime Minister Le Minh Khai has approved the sovereign credit rating improvement project by 2030, part of an effort to make Vietnam a developing and upper-middle-income country with modern industry, heightening the country’s international reputation and reducing credit risks.

The Ministry of Finance is taking measures to better develop the corporate bond market safely and effectively.

The Vietnam Oil and Gas Group (PetroVietnam) has surpassed important business and financial targets set for the first nine months of 2021, with its contribution to the State budget fulfiling the yearly plan.

Credit rating agency Moody's on May 26 affirmed its long-term domestic and foreign currency deposit and issuer ratings of four Vietnamese banks.

VOV.VN - Fitch Ratings has assigned PetroVietnam Power Corporation-Joint Stock Company (PV Power) a long-term foreign-currency issuer default rating (IDR) of 'BB', with a positive outlook moving forward.

Many international credit rating organisations want to join the Vietnamese market, heard a seminar in Ho Chi Minh City on April 16.

The corporate bond market in Vietnam is expected to be robust this year as the Government has issued regulations to untie the market but still aimed to ensure transparency and healthy market development.

VOV.VN - The budget revenue structure has shifted towards a more sustainable model to meet the development and integration of the national economy, following goals set to raise the proportion of domestic revenue to 82% for 2016- 2020 and 85.5% by 2020, and reduce the proportion of revenue from import-export activities and crude oil exports.

The Bank for Investment and Development of Viet Nam (BIDV)'s foreign-currency deposit rating has been raised from B1 to Ba3 by Moody’s.