Tags: moody

Vietnamese banks see improved solvency

Vietnamese banks see improved solvency

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

Finance Ministry responds to Moody’s latest rating action

Finance Ministry responds to Moody’s latest rating action

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.

Moody's review of Vietnam's Ba3 rating improper: ministry

Moody's review of Vietnam's Ba3 rating improper: ministry

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 expands 8.4 per cent

Credit growth expands 8.4 per cent

Credit growth has expanded by 8.4 per cent against the end of 2018 so far this year, the General Statistics Office reported.

TPBank wins fastest-growing SME bank award

TPBank wins fastest-growing SME bank award

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.

Moody’s lowers outlook on Vietnamese banking system

Moody’s lowers outlook on Vietnamese banking system

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 optimistic about Vietnam’s economic outlook

Moody’s optimistic about Vietnam’s economic outlook

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.