S&P Global Ratings has announced it has retained Viet Nam’s sovereign credit rating at BB, with a stable outlook, in its latest report released late last week, according to the Ministry of Finance.
In 2018, the State Bank of Viet Nam (SBV) maintained active and flexible management of the exchange rate to keep the domestic market stable in the face of international pressure. SBV Deputy Governor Nguyen Thi Hong speaks to Vietnam News...
Fitch Ratings on Wednesday assigned Electricity of Vietnam (EVN) a long-term foreign-currency issuer default rating (IDR) of ''BB'' with a stable outlook.
The Prime Minister has called on ministries and government agencies to tighten controls and take steps to ensure stable markets and social security during the upcoming Tet (Lunar New Year) holiday.
Moody’s has forecast that the Vietnamese banking system will remain stable in the next 12-18 months, reflecting its expectation that the country’s macroeconomic stability will support the banks’ weak credit profiles.
At a conference held in late December the banking sector announced its
main tasks for 2015. But the goals, based on the industry''s results in
2014 and not set too high, may yet be difficult to achieve.
Moody''s Investors Service raised the outlook on Viet
Nam''s banking system to stable from a negative assessment, noting a
stable business climate, improved macro-economic situation and easing
liquidity stress.
The State Bank of Viet Nam Nguyen Van Binh made clear that he would keep
the forex market stable till the year-end if adjustment is a must, the
margin would be within 2 per cent.
The State Bank of Vietnam (SBV) plans to scrutinise foreign currency
and gold trading in order to keep the forex rate stable in the last few
months of the year.
The southern province of Binh Duong has set ambitious goals for
accelerating local production and exports, as well as handling bad
debts, in order to generate stable development for the province next
year, said the province''s chairman Le Thanh Cung.