Tags

foreign currency

Central bank revises regulations on foreign currency transactions

Central bank revises regulations on foreign currency transactions

The State Bank of Vietnam wants to amend the current policy to increase flexibility and initiative in managing monetary and exchange rate policies in response to changes in domestic and international market conditions.
Dollar price surge on unofficial channel doesnt affect VN foreign currency market

Dollar price surge on unofficial channel doesn’t affect VN foreign currency market

The dollar price has remained above the VNĐ25,000 mark since mid-February this year and has shown no signs of cooling down.
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. 
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.
Authorities inject trillions of VND to support economy

Authorities inject trillions of VND to support economy

The State Bank of Viet Nam (SBV) and the State Treasury of Viet Nam have injected hundreds of trillions of Vietnamese đồng into the market through foreign currency purchases from commercial banks.
Govt plans to issue bonds in foreign currency

Govt plans to issue bonds in foreign currency

The Government plans to issue US dollar-denominated bonds in the domestic market to fund additional stimulus packages to foster the recovery of the economy.
Bank deposit interest rates not to rise too much: analysts​​​​​​​

Bank deposit interest rates not to rise too much: analysts​​​​​​​

Banking sector insiders expect deposit interest rates to only see slight changes this year.
EVNNPC given stable outlook by Fitch Ratings

EVNNPC given stable outlook by Fitch Ratings

The Vietnam Electricity Northern Power Corporation (EVNNPC) was recently assigned a Long-Term Foreign-Currency Issuer Default Rating (IDR) of ‘BB’ with a stable outlook by Fitch Ratings.
Moodys upgrades Agribanks long-term foreign-currency deposit rating

Moody's upgrades Agribank’s long-term foreign-currency deposit rating

Credit rating agency Moody''s recently announced its rating upgrade for Agribank''s long-term foreign-currency deposit rating from B1 to Ba3.
Moodys raises BIDVs foreign-currency deposit rating

Moody’s raises BIDV’s foreign-currency deposit rating

The Bank for Investment and Development of Việt Nam (BIDV)''s foreign-currency deposit rating has been raised from B1 to Ba3 by Moody’s.
Moodys maintains ratings for BIDV

Moody’s maintains ratings for BIDV

Moody’s has announced to maintain the ratings of the Joint Stock Commercial Bank for Investment and Development of Viet Nam (BIDV).
Fitch revises outlook on Viet Nam to Stable affirms at BB

Fitch revises outlook on Viet Nam to Stable; affirms at 'BB'

Fitch Ratings has revised the outlook on Viet Nam''s long-term foreign-currency issuer default rating (IDR) to stable, from positive, and has affirmed the rating at ''BB''.
Fitch assigns ANZ Vietnam first-time BB rating positive outlook

Fitch assigns ANZ Vietnam first-time 'BB' rating; positive outlook

Fitch Ratings has assigned a first-time long-term foreign-currency issuer default rating (IDR) of ''BB'' and long-term local-currency IDR of ''BBB'' to ANZ Bank Vietnam Limited (ANZV).
Viet Nam enters home stretch in fight against dollarisation

Viet Nam enters home stretch in fight against dollarisation

From October 1 lenders including banks will not be allowed to provide medium- and long-term foreign currency loans to businesses to pay for imports. Many market observers said this is the State Bank of Viet Nam’s final step in its...
Fitch Ratings assigns PetroVietnam at ‘BB for first time

Fitch Ratings assigns PetroVietnam at ‘BB’ for first time

Fitch Ratings has assigned the Vietnam Oil and Gas Group''s (PetroVietnam or PVN) first-time long-term foreign-currency issuer default rating (IDR) at ''BB'' with a positive outlook.