Tag: Fitch Ratings
Monetary stance points to only mildly higher interest rates in VN: Fitch Ratings
Capital account restrictions largely insulate interest rates in Vietnam from global monetary tightening and the country’s policy rate is expected to increase 50 basis points to 4.5% by end-2023, according to Fitch Ratings.
Fitch Ratings maintains standalone credit profile of PV Power at BB+
Credit ratings agency Fitch Ratings has assigned the PetroVietnam Power Corporation (PV Power) a Long-Term Foreign-Currency Issuer Default Rating (IDR) of “BB” with a positive outlook for the second consecutive year.
Fitch affirms Vietnam at 'BB' with positive outlook
VOV.VN - Fitch Ratings has affirmed Vietnam's long-term foreign-currency issuer default rating (IDR), assessing it to be a 'BB' with a positive outlook.
Fitch affirms ‘BB’ rating, positive outlook for Northern Power Corporation
Vietnam Electricity (EVN)’s Northern Power Corporation (EVNNPC) has retained its long-term foreign-currency issuer default rating at “BB” with a positive outlook as issued by Fitch Ratings.
Vietnam holds crucial position as part of global supply chain
VOV.VN - A number of large financial institutions and foreign media agencies have agreed that the Vietnamese economy is on track to recover from the negative impact caused by the COVID-19 pandemic.
International media highlights Vietnam’s investment opportunities
Emerging markets (EM) like Vietnam can provide potential growth opportunities for investors who do their due diligence, according to an article published by ETF Trends, a leading source in Exchange Traded Funds (ETF) news of the US.
Vietnamese economy to recover fast in 2022: Fitch Ratings
Vietnam’s recovery is set to gather momentum in 2022, as domestic demand rebounds and export performance remains strong, according to Fitch Ratings.
Fitch predicts steady contracted sales for Vietnamese homebuilders
Vietnamese developers’ contracted sales are forecast to increase by 20%-30% next year thanks to an improving operating environment, with rising vaccination rates and continued easing of mobility restrictions likely to spearhead the economic recovery, according to Fitch Ratings.
PetroVietnam’s State budget payment surpasses 2021 target
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.
Fitch Ratings ranks PetroVietnam's Standalone Credit Profile at 'BB+'
Fitch Ratings has assessed the Vietnam Oil and Gas Group (PetroVietnam)'s Standalone Credit Profile (SCP) at 'BB+', reflecting the company's conservative financial profile, diversification and integration.
