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Fitch assigns stable outlook for Sacombank long-term Issuer Default Rating

Fitch assigns stable outlook for Sacombank long-term Issuer Default Rating

Fitch Ratings has assigned Saigon Thương Tín Commercial Joint Stock Bank (Sacombank) a long-term Issuer Default Rating of ''BB-''.
Fitch raises rating of Việt Nams northern power corporation

Fitch raises rating of Việt Nam's northern power corporation

Fitch Rating''s BB credit assessment with a stable outlook will aid EVNNPC in securing foreign investment for capital mobilisation, enabling autonomy in future power project implementation.
Fitch upgrades Vietnam to BB, outlook Stable

Fitch upgrades Vietnam to 'BB+', outlook 'Stable'

The upgrade reflects Việt Nam''s favourable medium-term growth outlook, underpinned by robust foreign direct investment (FDI) inflows, which Fitch Ratings expects will continue to drive sustained improvements in its structural credit metrics. 
Talking growth

[Videos] Talking growth

Although Vietnam''s economy bounced back from the COVID-19 pandemic, external and internal challenges could impact future growth. Experts and analysts gathered at a forum in Ha Noi, held by Fitch Ratings and The Asset, to discuss the prospects and pitfalls...
Viet Nam has challenges to overcome on the path to growth

Viet Nam has challenges to overcome on the path to growth

The country''s exceptional growth and obstacles looming were discussed at a conference held in Ha Noi on Tuesday, co-organised by The Asset and Fitch Ratings.
PV Power receives BB rating for third consecutive year

PV Power receives “BB” rating for third consecutive year

Fitch Ratings has affirmed PetroVietnam Power Corporation (PV Power)’s long-term foreign-currency issuer default rating (IDR) at “BB” with a positive outlook.
Vietnamese banks ratings on a positive trajectory: Fitch Ratings

Vietnamese banks' ratings on a positive trajectory: Fitch Ratings

Stronger government support and operating environment have helped Vietnamese banks gain positive momentum, according to Fitch Ratings.
Fitch Ratings upgrades VietinBanks credit rating

Fitch Ratings upgrades VietinBank's credit rating

The Outlook on the IDR is Positive, in line with Viet Nam''s sovereign rating of ''BB'' with a Positive Outlook. The Viability Rating (VR) was affirmed at ''b''.
Monetary stance points to only mildly higher interest rates in Viet Nam: Fitch Ratings

Monetary stance points to only mildly higher interest rates in Viet Nam: Fitch Ratings

Capital account restrictions largely insulate interest rates in Viet Nam from global monetary tightening and the country’s policy rate is expected to rise 50 basis points to 4.5 per cent by end-2023, according to Fitch Ratings.
Fitch affirms Viet Nam at BB outlook positive

Fitch affirms Viet Nam at 'BB'; outlook positive

Fitch Ratings has affirmed Viet Nam''s long-term foreign-currency issuer default rating (IDR) at ''BB'' with a positive outlook.
Viet Nams rapid loan growth impedes bank capitalisation drive

Viet Nam’s rapid loan growth impedes bank capitalisation drive

Low capitalisation levels are likely to remain a credit weakness for rated Vietnamese banks as rapid loan growth will make it challenging to raise capital adequacy ratios (CARs) in the next two to three years, according to Fitch Ratings.
Fitch affirms ‘BB rating, positive outlook for Northern Power Corporation

Fitch affirms ‘BB’ rating, positive outlook for Northern Power Corporation

Việt Nam 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.
Viet Nams robust exports to underpin rapid growth rebound in 2022

Viet Nam’s robust exports to underpin rapid growth rebound in 2022

Viet Nam’s recovery is set to gather momentum this year, as domestic demand rebounds and export performance remains strong, according to Fitch Ratings.
Fitch affirms outlook on Standard Chartered Vietnam as positive

Fitch affirms outlook on Standard Chartered Vietnam as positive

Fitch Ratings has affirmed the outlook on Standard Chartered Bank (Vietnam) Limited at positive, with long-term foreign currency and local currency issuer default ratings at BB and BBB respectively.
Vietnamese currency forecast to strengthen against US dollar in 2021

Vietnamese currency forecast to strengthen against US dollar in 2021

Fitch Solutions have revised its 2021 average forecast for the Vietnamese dong to VND22,900 per US dollar from VND23,000 per US dollar previously and VND22,800 per US dollar from VND23,200 per US dollar in 2022 as the central bank tolerates...