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.
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.
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 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).
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.
Fitch Ratings on Wednesday assigned Viet Nam’s National Power Transmission Corporation (EVNNPT) a long-term foreign-currency issuer default rating (IDR) of ''BB'' with a stable outlook for the first time.
Fitch Ratings on Wednesday assigned Electricity of Vietnam (EVN) a long-term foreign-currency issuer default rating (IDR) of ''BB'' with a stable outlook.