Made-in-Vietnam fabrics have been exempted from new import tariffs of Indonesia, which have been imposed on some textile products from May 2020 until November 2022.
Moody's Investors Service has placed the long-term ratings and assessments of three Vietnamese finance companies and two Vietnamese banks on review for downgrade.
Banks in Vietnam posted solid profit growth and asset quality improvements in 2019, benefiting from the country's robust macro-economic environment, Moody's Investors Service said
The Vietnamese Ministry of Finance (MoF) on December 18 said Moody's Investors Service’s decision to confirm VN’s rating at Ba3 but change the outlook to negative was not appropriate, given it is grounded on an isolated incident and does not adequately recognise the VNese Government’s instituted policies and procedures to ensure smooth, timely debt repayment on government guaranteed borrowings.
The Vietnamese Ministry of Finance (MoF) has said that Moody's Investors Service’s decision to place Vietnam’s Ba3 rating under review for downgrade due to delayed payments on an obligation of the Vietnamese Government was improper as the Government has never delayed meeting debt repayment obligations.
Credit growth has expanded by 8.4 per cent against the end of 2018 so far this year, the General Statistics Office reported.
The credit growth of Vietnamese banks in the first five months of this year expanded by 5.07 per cent against the end of 2018, the State Bank of Vietnam (SBV) reported.
The Vietnam Chamber of Commerce and Industry (VCCI) this week suggested the State Bank of Vietnam (SBV) reconsider a proposal on limiting unsecured personal loans in cash by consumer finance companies.
Vietnam’s credit growth in the first two months of this year expanded by just 0.77 per cent against the end of 2018, the lowest level in the past few years, reports from the Ministry of Planning and Investment (MPI) showed.
Moody’s Investors Service has assigned first-time Ba3 deposit and issuer ratings to Vietnam Bank for Agriculture and Rural Development (Agribank).
The Tien Phong Commercial Joint Stock Bank (TPBank) has won the 2018 fastest-growing small- and medium-sized enterprise (SME) bank award from the Global Banking and Finance Review.
Credit ratings agency Moody’s Investors Service has changed its 12-18 month outlook on the Vietnamese banking system (Ba3 stable) to stable, from its earlier positive rating, according to its recent report.
Moody’s Investors Service has changed its 12-18 month outlook on the banking system in Vietnam (Ba3 stable) to stable from positive.
Moody's Investors Service has upgraded the baseline credit assessments (BCAs) of 12 Vietnamese banks in its latest report released on October 30.
Vietnam’s expansion has charged ahead despite the recent financial and trade turmoil, which has affected many Southeast Asian emerging markets, Moody’s Investors Service said in a recently-announced report.
Strong economic growth will likely continue in Vietnam over the next few years and support a stabilisation in debt, Moody's Investors Service said on August 21.
Moody’s Investors Service has taken rating actions on 14 Vietnamese commercial banks in its latest report issued on August 14.
Moody’s Investor Services projected Vietnam’s annual GDP growth to stay at around 6.4% during the 2018-2022 period in its latest report issued on August 10.
The profitability of Vietnamese banks is strengthening as robust economic growth fuels credit demand and supports an improvement in asset quality, but challenges are also apparent, Moody’s Investors Service said in a recent report.