VOV.VN - The Vietnamese economy looks set to grow by 6.5% annually over the next decade as the Government is making every effort to diversify its export markets whilst undertaking projects aimed at improving infrastructure, according to predictions made by Fitch Solutions.
Real estate sales will be another key driver of credit growth, as apartment supply and sales are likely to pick up in 2021.
The Vietnam Electricity Northern Power Corporation (EVNNPC) has been recently assigned a Long-Term Foreign-Currency Issuer Default Rating (IDR) of ‘BB’ with a Stable Outlook by Fitch Ratings.
The rate is even higher than the 7.1% year-on-year growth from a pre-COVID-19 environment in 2019.
VOV.VN - Passenger traffic at Vietnamese airlines should rebound faster than in other southeast Asian markets due to the country's low incidence of COVID-19 cases, according credit ratings agency Fitch Ratings (Fitch).
Vietnam’s real GDP would grow by 2.6% in 2020 and hit an 8.2% rebound next year, Fitch Solutions has forecast.
VOV.VN - The Vietnamese Government's continued support of the local pharmaceutical industry will remain steadfast, according to a report released by Fitch Solutions, a macro research unit of Fitch Group.
Vietnam’s current account surplus could narrow to 3.7% in 2020 from 4.9% last year due to the impacts of the COVID-19 pandemic, according to Fitch Solutions.
VOV.VN - Vietnam has effectively controlled the spread of the COVID-19 epidemic and maintained a safe environment for production and trade. With many natural advantages, the country is a promising place for foreign investors to expand their supply chains.