VOV.VN - Over more than a decade, credit rating activities have played a crucial role in enhancing transparency in the capital market, thereby promoting the safe, sustainable, and sophisticated development of this market.

Vietnam's total state budget revenue for 2024 is projected to surpass VND2.02 quadrillion (approximately US$79.24 billion), marking an increase of 19.1% compared to the estimate, according to the Ministry of Finance.

The Ministry of Finance announced on December 24 that it had coordinated with relevant ministries and agencies to issue certificates of eligibility for providing credit rating services to five enterprises as of December.

Vietnam's national credit rating is making significant strides toward achieving the official 'Investment' ranking.

The US’s S&P Global Ratings affirmed its 'BB+' long-term and 'B' short-term sovereign credit ratings on Vietnam, with a “stable” outlook on the long-term rating, the website disclosure.spglobal.com reported on June 20.

Credit ratings agency Fitch Ratings has recently revealed upgrades for several banks, in the wake of its decision to raise Vietnam's national credit rating to BB+ with a long-term outlook of "Stable".

International credit rating agency Moody’s has recently adjusted the credit rating outlook of Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) from "stable" to "positive".

Faster-than-expected GDP growth, the upgrade of Vietnam’s credit ratings, and big fluctuations in the corporate bond market are among notable events of the Vietnamese economy in 2022.

The State Bank of Vietnam (SBV) has announced adjustments to credit growth targets for banks in 2022.

VOV.VN - FiinGroup says that S&P Global Rating has recently upgraded its long-term credit rating on Vietnam to BB+, with this stable outlook, is a good sign that can fuel the country’s hope of achieving its target of BBB- sooner than the set goal of 2030.